Authorities of four southern provinces has recently joined an online conference to speak about their actions to implement the Government’s Resolution No.11/NQ-CP to curb inflation, stabilize the macro economy and ensure social security.
Authorities of four southern provinces has recently joined an online conference to speak about their actions to implement the Government’s Resolution No.11/NQ-CP to curb inflation, stabilize the macro economy and ensure social security.
Leaders of HCMC, Dong Nai, Binh Phuoc, and Soc Trang asserted at the discussion that the each of the locales has its own action plans to gain economic and social aims set out in the resolution which was issued in February this year.
Accordingly, giving support to ensure stable production and business for local SMEs is considered by the authorities as a good guarantee for budget collection and social security.
Nguyen Thi Hong, vice chairman of the HCMC government, said that access to bank loans is one of the biggest concerns for local SMEs. Therefore, the city and the State Bank held a meeting with enterprises in HCMC on Monday to collect opinions and seek for solutions to help SMEs access bank loans.
Last month, Dong Nai government also organized a meeting to solve difficulties faced by local enterprises.
Meanwhile, Bui Van Thach, vice chairman of Binh Phuoc, said that the provincial government worked with banks in the province to ensure loan access for businesses. The province has a policy to prioritize capital for agriculture which is the province’s main economic activity.
Accordingly, Binh Phuoc has coordinated with the cashew association to help cashew buyers access bank loans.
In addition, the four southern provinces also focused on administrative reforms to create favorable business environment for enterprises.
The central Government’s resolution also emphasizes a reduction in public investments. According to the authorities, public investments in the city and provinces have been reviewed, and capital has been prioritized only for those projects that can be quickly put into operations for better business efficiency.
To date, HCMC has made decisions to put off 89 public projects with total investment of VND408 billion. Binh Phuoc also cancelled 29 projects with total capital of VND65 billion to focus resources on other more important projects that are expected to finish in 2011.
Soc Trang has also suspended seven projects, while Dong Nai cancelled a number of projects with total investment of VND125.5 billion.
(Source: SGT)
