Suffering from declined overseas shipments, export businesses in some industries now need more assistance from the Government to navigate difficulties and challenges, insiders have said.

The Ministry of Finance (MoF) plans to implement several policies to support the business sector and people, and promote the country's economic growth in 2024, according to Minister Ho Duc Phoc.

The Hai Phong Economic Zone Authority (HEZA) on August 10 organised an investment promotion with supporting supporting businesses of the Republic of Korea’s multinational conglomerate corporation LG.

A business information portal was launched on December 23 with a view to helping address difficulties faced by enterprises, assisting policymaking, and proposing support measures for the development of businesses.

Vietnam’s GDP growth forecast for this year has been lowered to 2-2.5%, according to the World Bank's October 2021 Vietnam Macro Monitoring.

Enterprises in Hanoi have been receiving support to overcome difficulties caused by the COVID-19 pandemic.

The Prime Minister Nguyen Xuan Phuc has issued Decision 1322/QD-TTg approving the national programme to support businesses to improve productivity and quality of products and goods in the 2021-30 period.