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|Each will receive a monthly allowance of VND1.8 million ($77) (Photo: Luat Vietnam)|
Accordingly, the proposal would cover contract employees, part-time workers and those on unpaid leave or have reduced income as a result of the COVID-19 pandemic’s impacts on the country.
Phuc also requested that businesses ensure they have enough funds to pay their affected employees. Those without enough funds would be allowed to borrow from the Vietnam Bank for Social Policies (VBSP) at preferential interest rates, and the State Bank of Vietnam would be required to supply the VBSP with more funds.
Also under the proposal, the poor would receive a monthly allowance of VND1 million ($43), while social protection beneficiaries and those with meritorious services would receive VND500,000 per month. Household businesses that have had to suspend operation and suffer difficulties due to COVID-19 would also be supported with VND1 million per month.
The allowances would be provided over at least three months (until June), and would be taken from the central government and local administrations' budgets, with the total estimated at VND28-30 trillion ($1.2- 1.3 billion).
Phuc said that the current emergency situation requires the government to ensure basic living standards for the people, especially for laborers, the poor, the weak, part-time workers and those who have lost their jobs, as COVID-19 has heavily impacted on not only production, businesses, and state budget revenue but also the people's lives.
However, he also stressed that the proposed scheme would "only support the affected people, without overlooking anyone and without letting it be taken advantage of."
As of Thursday afternoon, Vietnam had recorded 222 COVID-19 cases, of which 64 had been discharged from hospitals.
Globally, the COVID-19 pandemic has spread to over 200 countries and territories, claiming over 47,200 lives.
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