According to General
Statistics Office of the Ministry of Planning and Investment, GDP of
Vietnam was only 4.38 percent in the first six months. What is your
point of views?
Vietnamese enterprises faced many difficulties due to high interest rate and the ability of accessing capital. Moreover, it was difficult to consume products because of high input price, affecting to business production of businesses.
Therefore, this figure reflected Vietnam's real economic situation in the first six months. Businesses and other production sectors faced difficulties, thus this figure can be accepted.
The Government has adopted many measures to support businesses, such as tax exemption and reduction, interest rate reduction, but enterprises still have faced difficulties. To solve this problem, the State Bank has proposed to establish a company selling and purchasing debts. What is your point of views?
There are many solutions to aid businesses, but now enterprises cannot access bank loans. Banks offering loans argue that many unsure factors obstructed the credit supply for businesses.
For example, due to bad debts, infeasible projects and large stock of goods, banks cannot see the prospects of businesses to provide credit.
In particular, bad debt is a huge problem. In the situation of too many bad debts in enterprises, the State Bank are proposed to establish a company selling and purchasing debts to handle bad debts in the banking system with an amount of VND100 trillion. This is an initiative to help resolve bad debts causing bad effects on the banking system. If this problem were resolved, this would be convenient for businesses and banks.
However, the major problem needed to be considered is the beneficiary subject when establishing a company selling and purchasing debts. Moreover, it is difficult to identify the subject who bears the burden of companies selling and purchasing debts.
Therefore, it is necessary to consider the implementation, the beneficiary object of policies.
The
government has set a target for GDP growth in 2012 of 6.5 percent, but
GDP growth in the first six months this year reached only 4.38 percent.
Can this goal become reality?
It is also necessary to consider
the reality of the solution package supporting enterprises, reducing
credit and lowering interest rates. In terms of the VND29 trillion
package, the Government announced tax reduction and deferral for
businesses operating this year. However, some enterprises that are not
working cannot have a chance to recover due to receiving no support. Thus, the contribution to GDP growth of businesses will be hard to wait.
It should not to give a hard target and a GDP growth figure. Evaluating the current economic situation and seeking measures to solve these difficulties in the current economy are very important.
The
figure of GDP growth is not a problem. The ability of removing
difficulties of enterprises and the recovery ability of enterprises and
economic sectors could decide the future of the country and the lives of people in long-term./.
Source: VEN