In Hanoi (Photo: VNA) Hanoi (VNA) - Hanoi authorities have preparedscenarios to promote socioeconomic development after the COVID-19 pandemic is broughtunder control.
The first scenario envisions an early containment ofthe pandemic, the city’s economy will regain its growth pace in Q2 and acceleratein the last two quarters, resulting in a growth rate of 7.5 percent for theentire year and fulfilling the set target.
In the second scenario, the pandemic is put undercontrol in the third quarter, but economic growth continues to be affected,resulting in a growth rate of 6.42 percent for the year, not meeting the targetfor this year.
In the third scenario, the pandemic continues to theend of the year and the year’s growth is projected at only 5.34 percent (theforecast growth rate for the country is 5 percent).
Director of the city’s Department of Planning andInvestment Nguyen Manh Quyen said policies to support enterprises, especially thosethat are newly-established, and promote production and business activities inthe city are being widely implemented, contributing to fostering socio-economicdevelopment and containing the outbreak of the virus.
Solutions primarily focus on maintaining and restoringproduction in industries of potential, including the production of items servingCOVID-19 prevention and control efforts such as medical equipment, face masks,cleaning chemicals and disinfectants, ventilators, testing kits, andpharmaceuticals.
At the same time, the city has given due regard toboosting agricultural production, information and communications, e-commerce,e-payments, and online education.
Apart from measures to remove obstacles facing local enterprisesand ensure social security, the capital has also accelerated administrativereform through promoting the application of IT and expanding online publicservices.
City authorities have also directed commercial banks to support enterprisesthrough providing loans, rescheduling debt repayments, and cutting interestrates.
Credit institutions in the city have launched preferentialcredit programmes and applied flexible interest rate policies to make it easierfor businesses to access capital for production and business amid the pandemic.
Hanoi has also approved an industrial clusterdevelopment plan to 2020 and vision to 2030, which aims to develop 159industrial clusters on a total area of 3,204 ha.
Preferential mechanisms and policies have also been applied to help enterprisesinvest in research and technological innovation.
In particular, the capital has introduced a scheme to support startups to 2020 andanother to support innovation and startups in the 2019-2025 period./.
The first scenario envisions an early containment ofthe pandemic, the city’s economy will regain its growth pace in Q2 and acceleratein the last two quarters, resulting in a growth rate of 7.5 percent for theentire year and fulfilling the set target.
In the second scenario, the pandemic is put undercontrol in the third quarter, but economic growth continues to be affected,resulting in a growth rate of 6.42 percent for the year, not meeting the targetfor this year.
In the third scenario, the pandemic continues to theend of the year and the year’s growth is projected at only 5.34 percent (theforecast growth rate for the country is 5 percent).
Director of the city’s Department of Planning andInvestment Nguyen Manh Quyen said policies to support enterprises, especially thosethat are newly-established, and promote production and business activities inthe city are being widely implemented, contributing to fostering socio-economicdevelopment and containing the outbreak of the virus.
Solutions primarily focus on maintaining and restoringproduction in industries of potential, including the production of items servingCOVID-19 prevention and control efforts such as medical equipment, face masks,cleaning chemicals and disinfectants, ventilators, testing kits, andpharmaceuticals.
At the same time, the city has given due regard toboosting agricultural production, information and communications, e-commerce,e-payments, and online education.
Apart from measures to remove obstacles facing local enterprisesand ensure social security, the capital has also accelerated administrativereform through promoting the application of IT and expanding online publicservices.
City authorities have also directed commercial banks to support enterprisesthrough providing loans, rescheduling debt repayments, and cutting interestrates.
Credit institutions in the city have launched preferentialcredit programmes and applied flexible interest rate policies to make it easierfor businesses to access capital for production and business amid the pandemic.
Hanoi has also approved an industrial clusterdevelopment plan to 2020 and vision to 2030, which aims to develop 159industrial clusters on a total area of 3,204 ha.
Preferential mechanisms and policies have also been applied to help enterprisesinvest in research and technological innovation.
In particular, the capital has introduced a scheme to support startups to 2020 andanother to support innovation and startups in the 2019-2025 period./.
VNA
