MoIT to select top priority industries for support
Hanoi (VNS/VNA) - Key
industries like textiles, footwear, electronics, food and seafood processing
must be prioritised for support in the “new normal” situation, said Truong
Thanh Hoai, Director of the Industry Department under the Ministry of Industry
and Trade (MoIT).
Hoai pointed out that the local
textile and footwear industry with more than 4 million direct workers and
another more than four million indirect workers has been affected badly, while
orders for the electronics sector decreased significantly this month and were
expected to keep dropping in the following month.
The director added the local
automobile manufacturing and assembly industry also dropped with showrooms
closing and factories operating in moderation.
“The state needs to give direct
support because the commercial banks themselves cannot implement policies to
support the businesses. The State should give them direct credit instead to
help them overcome difficulties,” said Hoai.
“Support for land rental is
applied in a very short time,” he said, suggesting that “The State
can increase public investment in which they can buy iron and steel and
furniture to support the local industries.”
Agreeing, Tran Duy Dong, Director
of the Domestic Market Department, said: “Those industries must be on top to
get the support.”
Dong said the pandemic had a
strong impact on the services and tourism industries, reducing the income of
workers as well as domestic consumption, thereby reducing spending and personal
consumption.
In order to promote the
domestic market in a "new normal" situation, Dong proposed to
implement three measures including ensuring full supply of goods in the local
market, taking full advantage of e-commerce and promoting links between
industries.
“The connection between supply
and demand such as the retail and distribution sectors and the agricultural and
aquatic products producing sector should be boosted to the maximum so that
local consumers can help buy local products,” he said.
Earlier, Minister of Industry
and Trade Tran Tuan Anh said “It is necessary to point out the conditions for
the industry to operate in a "new normal" and to recover as it was
before the pandemic.”
Anh asked all MoIT’s departments
and agencies to work with industry associations to get specific data to see
what they can support.
"The goal is to develop an
action plan to implement the Prime Minister's Directive to bring the economy
back to normal as well as striving for development goals of 2020,” said the
minister.
Anh also agreed to put key
industries of textiles, footwear, electronics, food processing industry,
agricultural and seafood at the top priority of the plan./.