Local companies, however, using loans for importing of non-essential goods or investment in real estate and securities businesses, are not eligible to receive the subsidies, said Dung.
Dung also agreed to provide credit guarantees for companies with chartered capital of no more than 1.17 million dollars and employment of fewer than 500 workers. A loan guarantee fund worth 11.76 million dollars would be set up to ensure the credit flowing.
Regarding tax issues, the Prime Minister said that it is necessary to allow tax payment deferments, reductions and exemptions for businesses to remove obstacles hindering production and exports.
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