Nearly 74 percent of firms to go bankrupt if epidemic lingers: survey
If the epidemic of the acute respiratory disease caused by the SARS-CoV-2 (COVID-19) lasts for more than six months, it may cause up to 73.8 percent of the firms to go bankrupt, a recent survey finds.
Hanoi (VNA) – If the epidemic of the acuterespiratory disease caused by the SARS-CoV-2 (COVID-19) lasts for more than sixmonths, it may cause up to 73.8 percent of the firms to go bankrupt, a recentsurvey finds.
The findings of the survey, conducted with the participationof more than 1,200 firms from March 2-3, were recently released by thecommission on the study on the private economic development under the advisorycouncil on administrative procedure reform of the Prime Minister. Threequarters of the firms surveyed are of a small scale, each employing less than100 workhands.
Up to 98.2 percent of the firms said they are undergoingnegative impact of the epidemic, while only 9.2 percent said the impact wouldbe light on them.
It is also noteworthy that 19 percent of the firms said theyhave found out any measure to sustain the negative impact, while 7.2 percentsaid they will actively search for new markets, 2.4 percent raise service quality,and 1.7 percent to take this time to retrain their workers.
The survey also finds that the firms totally support andhighly value the measures taken by authorities in the fight against theepidemic to ensure safety for the people.
The firms raise three proposals to the government to helpthem ease the difficulties caused by the epidemic, namely working out exclusivepreferential policies for firms heavily affected in terms of taxes, providing concessionalloans and reducing loan interests./.
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Illustrative image (Source: VNA)
