Despite impacts of the pandemic, in the first eight months of 2021, the city saw 13,100 newly-established enterprises with a total registered capital of VND 165.7 trillion (USD 7.26 billion). The number of firms resuming operations in the period was 5,687, up 74 percent against the same period last year.

To grasp opportunities, Hanoi has directed relevant sectors, districts and townships to map out plans to take advantage of the shifting of production facilities of international enterprises in other countries affected by the pandemic to attract more investment in production and business.

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Do Anh Tuan, Director of the municipal Department of Planning and Investment, said that right during the social distancing period, the Chairman of the municipal People’s Committee issued a plan on building 46 existing out of 159 industrial clusters by 2025.

This shows the thorough preparation of the capital city, he said, adding that established industrial zones and clusters will help draw more investors and restructure the city’s economy based on scientific-technological application and innovation.

The capital city is also taking measures to help enterprises address difficulties and stabilize productions.

Mai Son, Director of the city’s Taxation Department, stressed that the department is activating policies on extension of tax and land rent payments, as well as administrative procedure reforms.

Meanwhile, Deputy Director of the Department of Industry and Trade Dam Tien Thang said that the department has freely provided online COVID-19 declaration solutions to help monitor workers, and get updated information about the pandemic situation.

According to experts, socio-economic recovery after a long strict social distancing period is the common aspiration and interests of the business community and people in the city.

They stressed the need for special policies in support of enterprises, with focus on measures to ensure a smooth supply chain, as well as on carrying out safe production and business models, providing maximum support for logistics, transportation and goods circulation.

Source: VNA