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Tuyen Quang boosts support for private economic sector

TQO - Tuyen Quang City is boosting the assessment of COVID-19 impacts on local enterprises’ production and business activities to provide them with timely support.

To date, there are about 683 local businesses and cooperatives affected by the epidemic, in addition to 1,700 household businesses with taxable income of less than VND100 million a year.

Every year, the municipal People’s Committee develops a plan to improve its Department and District Competitiveness Index (DDCI). Adhering to Tuyen Quang Province’s policy on investment attraction, the province’s capital city has focused on boosting site clearance to create the most favourable conditions for investors to implement projects in the locality.

The operation of Duc Hung Trading and Service Centre in An Tuong Ward is expected to contribute to improving the quality of trade and services in Tuyen Quang City.

In addition, the city has supported local enterprises and household businesses to access loans to expand the scale of their production and business, and has also been encouraging people to set up businesses and develop effective production models.

Since the beginning of this year, the city has 27-newly established businesses, bringing the total to 1,008 enterprises. The local government has also granted new business registration certificates to 97 household businesses, bringing the total number of service households enterprises in the city up to 6,745.

Thanks to its effective measures, the city has supported local enterprises and household businesses in overcoming the difficulties caused by the disease, thus contributing to the city’s economic growth.

Thuy Linh

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