More legal aid needed for SMEs: Experts

More legal aid needs to be provided to small and medium-sized enterprises (SMEs) to help them quickly recover business, production and become stronger after the COVID-19 pandemic, legal experts have said.

Thursday, December 30, 2021 17:40

More legal aid needed for SMEs: Experts ảnh 1

Workers make garments at Dap Cau Garment Joint Stock Company. (Photo: VNA)

Hanoi (VNS/VNA) - More legal aid needs to be provided to smalland medium-sized enterprises (SMEs) to help them quickly recover business,production and become stronger after the COVID-19 pandemic, legal expertshave said.

The commentswere made during a conference held in Hanoi last week to discuss solutionsto enhance legal aid for SMEs. The programme aims to promoteawareness and legal compliance, and reduce legal risks and obstacles of SMEs,which account for the majority of the country’s businesses.

Under theprogramme, ministries, agencies and localities have to update policies andlegal assistance programmes for SMEs, collect feedback regarding legalobstacles, and report to authorities to refine legalregulations.

Between2021-2025, the programme aims to utilise the achievements of Industry 4.0in providing legal aid for SMEs; direct legal aid activities forministries, sectors and localities to apply legal knowledge to SMEs; andpromote awareness and legal compliance while reducing legal risks andobstacles.

The programmewill enhance SMEs' roles in improving the legal framework towarda better business climate, competitiveness and law enforcement.

This year, theCOVID-19 pandemic caused great losses to the country’s economy. Theprogramme’s management board has promptly conducted legal aid for SMEs tohelp them recover production and business performance.

Nguyen Thanh Tu,Director of the Department of Civil and Economic Laws,said it was needed to improve provisions on legal aid forbusinesses by amending Decree No 55/2019/ND-CP on legal assistancefor SMEs, which focused on quality legal providers, finance issuesand lawyer responsibilities.

The Decreeoutlines supporting policies for household businesses that change theirbusiness model into SMEs, innovative SMEs, and SMEs joining industriallinks.

Up to 98 percentof Vietnamese businesses are SMEs (about 88,000 enterprises), making up 40 percentof GDP and 50 percent of employment.

Due to theCOVID-19 pandemic, over 90 percent have been negatively affected.

Tu noted thatit was essential to focus on building a legal aid ecosystem consisting of anetwork of legal consultants and improving the quality and the effectivenessof the legal aid programme for businesses, while enhancing communicationactivities, applying new technology and evaluating the programme.

Administrativeagencies were still the biggest challenges facing enterprises. Therefore, legalconsultancy activities providing legal advice, assistance orrepresentation by legal providers were the key to the programme, Tusaid.

Tran Minh Son,head of the Legal Aid Office for SMEs, said amid the pandemic, many businesseswere already dissolved. Therefore, the number of businesses who needed legalaid was high. Accordingly, legal consulting in both direct andindirect forms would bring effective results for businesses.

Sơn suggesteda number of solutions to improve legal consultancy on legal aid for SMEs goingforward.

He said it wasessential to improve legal policies and provisions and submit them to theGovernment for approval of financial support for legal providers, andto develop a network of professional legal consultants for specific industries,as well as promoting information technology in legal consulting./.

VNA

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