The necessary medicine for the economy

Sampling for large-scale SarS-CoV-2 testing for Da Nang people. Photo of cherries.

The Prime Minister has just issued a new message in the "war" against the Covid-19 pandemic. It is this war that is still long, must determine to live long with the epidemic, which cannot be controlled absolutely, from which to adapt and have a suitable way to do it.

Regarding specific solutions, the Prime Minister asked to maintain production and business activities in places where conditions are eligible, and to encourage, encourage, create conditions and support businesses to implement "safely for production". , production must be safe", not to break the supply chain; ensure timely and smooth transportation and circulation of goods across the country. Localities strictly follow the direction of the Prime Minister in the spirit of ensuring safety regulations for epidemic prevention and control, do not issue separate regulations, immediately abolish inappropriate regulations ...

This message gives the business community a lot of hope, because since the situation in some localities is inconsistent in regulations on social distancing, input costs of businesses have increased dramatically. with that is the risk of disruption in the supply chain of goods and raw materials for production and serious shortage of labor. The most difficult thing is that enterprises operate in key export industries such as textiles, footwear, and seafood, because it uses a lot of labor and the production process involves many procedures and clues.

In the past few weeks, these units have not been able to manage travel documents to carry out import and export procedures, failed to test workers, etc. Only the logistics costs and compliance with the measures are taken into account. Anti-epidemic measures have increased many times, not to mention the risk of being penalized for delayed delivery. This predicament has reflected in the overall picture of the economy over the past eight months. That is, 85,500 enterprises temporarily left the market, up 24.2% over the same period and far exceeding the number of newly established enterprises.

Industrial production index decreased by 4.2% over the previous month and by 7.4% over the same period last year, in which, the sharpest decline belonged to the processing and manufacturing industry, which was the driving force for growth. The trade balance turned to a trade deficit of 3.71 billion USD while the consumption of the domestic market continued to decline sharply. Notably, the August production index of some localities fell sharply over the same period, the highest place decreased to 60.1%.

Therefore, since the outbreak of the fourth wave of the Covid-19 epidemic, the business community has repeatedly proposed to the Prime Minister to consider and supplement a number of solutions for tax exemption and reduction, extending the extension period, Deferring payables and promoting fast, efficient and transparent enforcement of already issued support packages. According to some economic experts, congestion is currently located in localities with the manifestation that some places for the purpose of anti-epidemic have issued regulations "blocking rivers, banning markets" that paralyze the circulation chain. .

To revive businesses in this particularly difficult time, not only waiting for the budget balance to launch financial and monetary policy support packages, but also starting immediately with "pain relief" drugs for the economy. economy. Public authorities proactively adapt and have appropriate ways to cope with the new situation, creating conditions for businesses to both prevent and control the epidemic while maintaining production and business stability without creating additional burdens on expenses. fee.

Prevention and control of Covid-19 is a comprehensive battle, including economic issues. Determining the long-term war means keeping economic growth and people's livelihoods. Every opportunity must be saved to try to maintain production and business, and ensure jobs for employees. Every business that has the opportunity to survive this difficult period is one more opportunity to create momentum for the economy to recover and develop.

TO HA

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