Vietnam mulls second support package for vulnerable individuals, firms during COVID-19
(VOVWORLD) - The Ministry of Labor, Invalids, and Social Affairs has proposed a second support package, worth 650 million USD, for individuals and firms affected by the COVID-19 pandemic.
 Jobless people in Hanoi's Ha Dong district receive financial support. (Photo: thuvienphapluat.vn) |
Allocation of the second package will be based on the experience of the first package of 2.6 billion USD, according to Nguyen Thu Huong, Oxfam senior governance program manager.
“Additional financial aid is vital to prevent workers from plunging into poverty. This second package will target more pandemic-hit individuals to realize the Government’s slogan ‘no one left behind’ in the fight against COVID-19,” Huong said.
The new aid package mainly targets businesses and human resource development. If approved, it is expected to be available between September and December this year.