Many businesses in Vietnam are severely affected by COVID-19.

The Government’s measures include facilitating access to credits and other financial resources, rescheduling businesses’ tax payments, promoting e-transactions, and further streamlining administrative procedures. Businesses are allowed to delay their tax payment up to 1.3 billion USD  by 5 months.

“We are facing a lot of challenges due to COVID-19. Tax rescheduling will give us more time to survive this difficult period,” said Nguyen Thi Van Ha, Director General of GMB Vietnam company.  

Tran Thanh Huong, Director of Quoc Quang Trade and Service company said: “We greatly appreciate the Government’s timely support package. We hope the policy will be enacted as soon as possible.”