The southern province of Binh Duong announced on June 18 the first assistance package worth 286 billion VND (13.4 million USD) for 37 businesses, which are seriously affected by recent disturbances.
The assistance package comes in the form of reductions in land and workshop rental, exemption from value added tax, import tax on production materials and fixed assets, interest rate reduction and extension of tax payment.
The total worth of assistance is as high as 110 billion VND (5.17 million USD) for Singapore’s Chutex International Limited Company,70 billion VND for Taiwan’s ASAMA Vietnam Company, more than 24 billion VND for Diamond Vietnam Co. Ltd. and the 11 billion VND for My Thanh Vietnam Co. Ltd., both also of Taiwan.
In addition, local commercial banks have rescheduled the payment of more than 90 billion VND in debts for 8 enterprises and cut the lending interest rate for 28 companies.
The provincial Department of Natural Resources and Environment also cancelled the inspection of natural resources and environment in all affected companies and firms.
Earlier, insurance companies paid in advance 114.7 billion VND (5.4 million USD) in insurance for 113 affected businesses.
Binh Duong is among some localities where disturbances erupted on May 13-14 during workers’ rallies against China’s illegal dispatch of its oil rig Haiyang Shiyou – 981 in Vietnam’s continental shelf and exclusive economic zone.
Some individuals incited others to destroy the property of foreign firms, the State and private domestic businesses, and acted against law enforcement officials, disrupting social order and business activities.-VNA
The assistance package comes in the form of reductions in land and workshop rental, exemption from value added tax, import tax on production materials and fixed assets, interest rate reduction and extension of tax payment.
The total worth of assistance is as high as 110 billion VND (5.17 million USD) for Singapore’s Chutex International Limited Company,70 billion VND for Taiwan’s ASAMA Vietnam Company, more than 24 billion VND for Diamond Vietnam Co. Ltd. and the 11 billion VND for My Thanh Vietnam Co. Ltd., both also of Taiwan.
In addition, local commercial banks have rescheduled the payment of more than 90 billion VND in debts for 8 enterprises and cut the lending interest rate for 28 companies.
The provincial Department of Natural Resources and Environment also cancelled the inspection of natural resources and environment in all affected companies and firms.
Earlier, insurance companies paid in advance 114.7 billion VND (5.4 million USD) in insurance for 113 affected businesses.
Binh Duong is among some localities where disturbances erupted on May 13-14 during workers’ rallies against China’s illegal dispatch of its oil rig Haiyang Shiyou – 981 in Vietnam’s continental shelf and exclusive economic zone.
Some individuals incited others to destroy the property of foreign firms, the State and private domestic businesses, and acted against law enforcement officials, disrupting social order and business activities.-VNA
