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Support digital transformation for small and medium enterprises
On May 10, 2022, the Ministry of Planning and Investment issued Circular 06/2022/TT-BKHDT guiding Decree 80/2021/ND-CP guiding the law to support small and medium enterprises (SMEs).
Specifically, SMEs are supported with technology according to the level of support specified in clauses 1, 2, 3, 4 Article 11 of Decree 80/2021/ND-CP. Agencies and organizations supporting SMEs shall provide support according to the provisions of Article 4 and Article 5 of Circular 06/2022/TT-BKHDT and specific regulations as follows:
1. SMEs are supported with costs to rent and purchase digital transformation solutions that have been announced on the Portal or the website of the Ministry of Information and Communications or the information pages of the supplier.
2. SMEs assess their readiness for digital transformation to propose appropriate support. SMEs use the conversion assessment toolkit posted at https://digital.business.gov.vn or https://dbi.gov.vn or issued by agencies and organizations supporting SMEs.
3. Agencies and organizations supporting SMEs shall use the results of the assessment of the degree of SME conversion to consider support in accordance with the SME's receiving capacity.
Circular 06/2022/TT-BKHDT takes effect on June 25, 2022.
Support 2%/year from the state budget with loans from enterprises
The Government issued Decree 31/2022/ND-CP dated May 20, 2022 on interest rate support from the State budget for loans of enterprises, cooperatives and business households.
Accordingly, the support level is 2%/year, calculated on the loan balance and the actual interest rate support loan term is within the specified period.
Conditions to be supported with the above interest rate:
The customer has requested interest rate support, meets the loan conditions in accordance with the current law on lending activities of credit institutions, foreign bank branches to customers.
Interest-supported loan is a loan in Vietnam Dong, signed a loan agreement and disbursed in the period from January 1, 2022 to December 31, 2023, using the capital for the right purpose according to regulations and has not yet received interest rate support from the State budget according to other policies.
Decree 31/2022/ND-CP took effect from May 20, 2022.
