From now until late 2025, Vietnam aims to eliminate at least 30% of business-related conditions; and cut processing time for administrative procedures and compliance costs by at least 30%.
Prime Minister Pham Minh Chinh stressed the need to promote public investment as a catalyst for private investment, as well as to boost overall social and foreign investment.
NA Chairman Tran Thanh Man stressed that social housing has become an increasingly urgent issue, especially in urban areas and industrial zones. However, he noted that the implementation of social housing projects still faces obstacles due to inflexible mechanisms, prolonged administrative procedures, and a lack of appealing incentives for investors.
The “friendly authority” model in the northern province of Bac Giang has initially proven effective. The vision is to make government offices more civilized, polite, and friendly, innovating the working style of grassroots-level authority, toward satisfying the needs of citizens and businesses.
Authorities of Ha Long city of the northern province of Ha Long on August 15 piloted the implementation of administrative procedure at post offices in the locality.
Prime Minister Pham Minh Chinh urged the business community and associations to take specific solutions and join hands with ministries, sectors and localities to remove difficulties, towards promoting economic recovery and sustainable development.
Vung Tau city authorities in the southern province of Ba Ria – Vung Tau have taken on a project promoting the digital transformation of the government, economy and society, according to Tran Ba Viet, director of the municipal Department of Culture and Information.
The 2020 Law on Environmental Protection, which took effect at the beginning of 2022, has timely institutionalized many new policies of the Party and State related to environmental protection.
New regulations in the draft Law on Insurance Business (amended) will help businesses reduce costs and take the initiative in business activities thanks to simplified administrative procedures.
Public investment disbursement of the central city of Da Nang was estimated to reach 3.4 trillion VND (over 149 million USD) as of August, according to the municipal Department of Planning and Investment.
A workshop on promoting investment from the Republic of Korea (RoK) in the southern province of Binh Duong was held in the form of an online conference on November 20.
The northern mountainous province of Yen Bai granted in-principle approval for 15 investment projects worth a total 3 trillion VND (nearly 130 million USD) during a meeting with investors on March 1.
A trade facilitation programme worth over 21.7 million USD funded by the United States Agency for International Development (USAID) was launched in Hanoi on July 10.
The industry and trade sector in HCM City is targeting a growth rate of 8-8.5 percent in the industrial production index (IPI) and 10 percent growth in the total retail sales of goods and services for 2018, according to the HCM City Department of Industry and Trade.
Vietnam should implement polices to increase its export volume through its border gates with China by taking advantage of the Vietnam-China Border Trade Agreement, experts said.
The Government launched a system to receive and give feedback to citizens’ petitions and recommendations related to policies and administrative procedure processing at http://nguoidan.chinhphu.vn.
The industry and trade sector accounts for up to 80 percent of the country’s Gross Domestic Product (GDP). It has been considered as one of key sector for State management on the economy.
The simplification of administrative procedures has been considered a breakthrough in administrative reform over the past five years, since a resolution in the field was issued by the Government.
Most people interviewed in a recent survey said that only 50 percent of rest rooms at hospitals in Vinh Phuc, Phu Tho, Thanh Hoa and Binh Dinh provinces were satisfactory.
