Close to the limit of insolvency According to the director of Sao Viet car company, production and business revenue is almost zero, but every day still has to bear countless expenses such as bank interest; rent for factories, warehouses, salaries to support officials, employees, drivers; road maintenance fees … A series of passenger transport enterprises are in the “swallowing” scene. “Before the epidemic, on average, each month we spent about 3 billion dong on salaries and bonuses for drivers and employees. However, today, even though there is no revenue, we still have to “burden” nearly 1 billion dong/month “- Mr. Bang stated. Not only road transport, the air transport market has suffered the most severe decline ever, prompting the Ministry of Planning and Investment to issue a warning that the solvency of enterprises is declining close to the limit of insolvency. maths. For example, the national airline of Vietnam (Vietnam Airlines), it is expected that the loss of the first quarter of 2021 will be at VND 4,800 billion and in the first six months of the year may reach VND 10,000 billion. Currently, the amount of overdue debt has reached VND 6,240 billion and is in a very difficult situation. Vietnam Airlines has more than 9,000 employees who are on unpaid leave and temporary suspension of labor contracts. Most transport businesses are facing great difficulties due to the Covid-19 epidemic Vietnam Railways Corporation (VNR) also lost 50% of passenger transport revenue in the past 5 months due to people restricting travel, the railway industry had to cut many passenger trains. Mr. Nguyen Cong Hung, Chairman of the Hanoi Taxi Association, said that the number of passengers decreased by 80%-90%, revenue fell seriously, and workers’ lives were difficult. A series of taxi companies are facing the risk of bankruptcy, and bad debts are at high risk of increasing in the banking system. Therefore, recently, the Taxi Associations of Hanoi, Da Nang and Ho Chi Minh City have jointly signed a document to send to the Prime Minister, proposing to support taxi transport enterprises to overcome difficulties before the Covid-19 pandemic. Proposing many solutions Facing the above situation, the Prime Minister has just assigned the Ministry of Transport to consider and propose policies and solutions to support passenger transport enterprises facing difficulties due to the Covid-19 epidemic. to border gates and between regions in the domestic market. According to Mr. Tran Bao Ngoc, Director of the Transport Department (Ministry of Transport), since the outbreak of the epidemic, the Ministry of Transport has proposed policies and solutions to support transport enterprises in difficulty. Regarding the solution to remove the vehicle inspection cycle, Mr. Ngoc said that the Ministry of Transport is amending Circular No. 70/2015 in the direction of adjusting the inspection cycle of passenger cars of all kinds up to 9 seats with transportation business. , adjusted from 18 months to 24 months for the first cycle and from 6 to 12 months for the recurring cycle. In addition, the Ministry of Transport also proposed that the Government delay the time of sanctioning transport enterprises that do not install surveillance cameras due to the impact of the Covid-19 epidemic. Regarding the proposal to exempt road maintenance fees until the end of this year, Mr. Ngoc said that in order to remove difficulties for those affected by the Covid-19 epidemic, Circular 112/2020 of the Ministry of Finance allows to reduce collect road user fees from January 1 to June 30, 2021. “The Ministry of Transport has proposed to the Government to reduce value-added tax to 0%, reduce 50% of corporate income tax for industries seriously damaged by the epidemic. Besides, delay payment of tax amount for 6 months for 6 months. arrears until December 31, 2021 and there is no fee for parking, parking and picking up passengers at the airport, train station, port and 50% discount on service prices through the bus station for passenger cars. sign for new registered vehicles for transport business until December 31,” said Mr. Ngoc. It is still difficult to access support policies As a large passenger transport enterprise in Quang Ninh province, Mr. Doan The Xuyen, director of Phuc Xuyen Co., Ltd., said that the company has over 300 vehicles that have stopped working but still have not been exempted from road maintenance fees because of cumbersome procedures. . For example, to be exempted under the regulations of the Ministry of Finance, the vehicle must stop working for 30 days or more, then return the badge and be certified by the Department of Transport. “You can stop for less than 30 days to be able to run again, then you have to apply for a new badge. Many businesses still have to pay even though the car is not running because they are afraid of procedures,” said Xuyen.

The registry examines the incoming vehicle for registration. (Photo: Hoang Hung/VNA) In the written response to the Vietnam Automobile Transport Association and the three-region taxi association, the Ministry of Transport agreed to allow car inspection cycle will increase from 18 months to 24 months to remove difficulties for transport businesses affected by the COVID-19 epidemic. Currently, the Ministry of Transport is directing agencies and units to advise on finalizing the draft Circular amending Circular No. 70/2015 regulating the inspection of technical safety and environmental protection of vehicles. road motorized traffic. “The inspection cycle of passenger cars of all kinds up to 9 seats with transportation business will be adjusted from 18 months to 24 months for the first cycle and from 6 to 12 months for the periodic cycle,” said the leader. The Ministry of Transport said. For the proposal to have appropriate policies and mechanisms for BOT investors to reduce road use fees according to Circular No. 112/2020 of the Ministry of Finance, the Ministry of Transport said Circular No. 112/2020. of the Ministry of Finance stipulating the rate of road use fee (toll collected per vehicle) for automobiles doing transport business of transport enterprises, transport business cooperatives, and transport business households. “The collection of road service fees is not specified in Circular No. 112/2020, so investors do not have to follow the guidance of this Circular,” the leader of the Ministry of Transport affirmed. . On the other hand, a number of investment projects in the form of public-private partnerships managed by the Ministry of Transport have reduced road user service fees; BOT projects have not been considered to increase road use prices, although it is time to increase prices in the last 3 years in order to share and harmonize the interests of the State-people-enterprises. Moreover, BOT investors are also businesses and are also affected by COVID-19 epidemic due to the reduction of vehicle traffic through the station, revenue will be reduced, affecting the financial balance of the enterprise; increase in interest expense and operating expenses of the business. Regarding the proposal for exemption from submission road maintenance fees By the end of this year, according to leaders of the Ministry of Transport, this agency is coordinating with the Ministry of Finance to comment on amendments to Circular 112/2020 and related circulars to assist in removing difficulties for production and business in response to the COVID-19 epidemic chaired by the Ministry of Finance. Previously, in 2020, the Ministry of Finance coordinated with relevant ministries and agencies to develop and issue Circular No. 112/2020/TT-BTC dated December 29, 2020 providing for the extension of the reduction period. fees and charges (mainly reducing fees in the field of transportation (road use fees; fees, aviation fees…) until the end of June 30, 2021 to support and remove remove difficulties for production and business, ensure social security in response to the COVID-19 epidemic.