In section 9, the Governor of the State Bank of Vietnam is requested to instruct credit institutions and commercial banks to review and consolidate the damages incurred by borrowers, implement interest rate support policies, and extend or restructure loans to facilitate the recovery of business activities.
In section 10, the Minister of Finance directs the effective implementation of policies on deferral, exemption, and reduction of taxes, fees, and charges, etc. for organizations, individuals, and enterprises affected by storms and floods in accordance with legal provisions; insurance businesses are requested to promptly compensate for losses to insurance buyers in a timely, complete manner, in accordance with contractual agreements and legal regulations;…