Vietnam Ministry of Tourism: Reduction of fee for travel business amid Covid-19 threat

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Illustrative photo by Asiabestasiatour.

According to the proposal, the Ministry of Finance should give a one-year exemption of two fees starting on April 1, regarding the change and re-grant of the Domestic and International Tour Operator Business Licenses; the change and re-grant of Domestic and International Tour Guide Licenses.

The cost of the change and re-grant of the Domestic and International Tour Operator Business Licenses are VND2 million and VND1.5 million respectively.

The fee of the change and re-grant of Domestic and International Tour Guide Licenses is VND650,000; while the payment for On-site attractions guides is VND200,000.

As of December 15, the country has 2,648 international tour operator businesses and 26,854 tour guides, including 17,038 international tour guides, 9,129 domestic tour guides.

Not only tourism, textile industryalso needs help from the government to handle the loss causing by the Covid-19.

There are 6,800 enterprises and 2.8 million employees working in the textile industry in Vietnam. The consumption scale of the whole Vietnamese textile and apparel industry reaches about US$45 billion, of which export makes the lion’s share of the consumption capacity.

However, since the Covid-19 broke out in China the beginning of this year, the industry in Vietnam has been in difficulties due to the shortage of raw materials for production.

The US and EU markets, where Covid-19 is devastating, halt importing textile products from Vietnam between 3 weeks to a month, leading to the dilemmatic situation for enterprises to not only stabilize their businesses but also ensure employees’ works.

Specifically, VSS General Director required social security agencies to work with the Departments of Labor, Invalids and Social Affairs and the Departments of Finance of provinces and cities to report to the Chairperson of the Provincial/Municipal People’s Committee to review and guide business entities with 50% of insured employees laid off to make a report on delayed payment of social insurance premiums to the retirement and death allowance fund. Accordingly, this will start from the month proposed by businesses to June this year.

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