The economic recovery program is forecast to have a positive impact on business operations

In particular, most recently, on March 16, the Prime Minister issued Official Dispatch No. 252/CD-TTg on urging the drastic and effective implementation of the socio-economic recovery and development program.

In order to immediately implement and promote the effectiveness of the program, the Prime Minister requested ministries, heads of ministerial-level agencies and centrally-run cities according to their assigned performance functions, to focus on directing and implementing the program. synchronously, drastically and more effectively the tasks and solutions in Resolution No. 11/NQ-CP on the program and implementation of Resolution 43...

With that drasticness of the head of the Government, after 3 months of Resolution 43 being passed, a number of policies were implemented and implemented early, initially achieving results.

Specifically, the policy of reducing the value-added tax rate (VAT) 2% from 10% to 8% in 2022, to implement this policy, on January 28, the Government issued Decree 15/2022 /ND-CP stipulates the policy of tax exemption and reduction in accordance with Resolution 43. Economic experts believe that the reduction of VAT as a policy of the whole people, because most people and businesses benefit. from this policy.

However, according to Mr. Phan Duc Hieu - Standing member of the Economic Committee of the 15th National Assembly, besides the bright spot in the implementation of VAT policy, up to now, many policies mentioned in Resolution 43 are still being implemented. wait for actual execution. Meanwhile, if implemented immediately, the effect on the economy and society will be much more positive.

Typically, the policy to support rent for employees, when designing this policy at the right time when workers have returned to their hometown and businesses have difficulty in attracting workers, the policy was born to difficult support for workers and businesses at that time.

“So if implemented immediately, the impact of the policy on the socio-economic is huge. But if the implementation is slow, the impact of the policy will be greatly reduced”, emphasized Mr. Phan Duc Hieu.

Need to consult widely when developing policies to support businesses

In particular, in the current context, Mr. Le Manh Hung - Director of the Enterprise Development Department (Ministry of Planning and Investment) - said: Recently, input materials, especially the Chinese market There is a scarcity of raw materials and fuel for many commodities, including textiles, because the country still implements the "zero" Covid-19 policy. To remove difficulties for the business sector, working groups to remove difficulties for the business sector should continue to be maintained.

Economic experts also said that the economic recovery program is very important for the recovery of businesses and the economy at this time. However, in order for the recovery program to be effective immediately for the business sector, it needs to be implemented faster and more drastically. And there should be equality among localities in the implementation of policies, to facilitate businesses in accessing support programs.

In addition, the economic recovery and development program should be effective, and the policies should be appropriate to the reality and needs of enterprises. Regarding this issue, Mr. Le Manh Hung said: In 2020, a number of policies to support businesses are introduced but businesses cannot access, partly because the conditions for accessing policies are very difficult.

Meanwhile, the issue of policy implementation is very important, but in order to be implemented, the policy should be correct, correct and clear, so that the business community knows if they are beneficiaries of the policy or not. . Therefore, policies to support businesses introduced in the Economic Recovery Program need to learn from the shortcomings of previous years.

According to Mr. Phan Duc Hieu, institutions and policies are like a piece of software, if there are many errors, it will not work well. Therefore, in order to have a good software, when designing policies to support agencies, it is necessary to have early consultation, extensive consultation with relevant agencies and the business community, put the beneficiary at the center to they are soon aware of and avoid policy errors.

In particular, in the process of policy implementation, the involvement of state agencies is not enough, but the participation of social organizations and business associations is needed to provide information. specifically for businesses to access.

Nguyen Hoa