Prime Minister Nguyen Tan Dung has given instructions to speed up the reform of administrative procedures for individuals and business operations.

He made this request during a working session on the administrative procedure reform with officials from the Ministry of Planning and Investment in Hanoi on September 9, with a particular focus on processes relating to the establishment and dissolution of businesses, and the implementation of investments.

The PM stated it was the Government’s key task to improve the institutional framework and push the administrative reform, adding that ministries and localities needed to continue to review the measures they implemented to attract investments and increase competitiveness.

According to the leader, improvements to the business environment and an increase in national competitiveness contributed substantially to Vietnam ’s rapid and sustainable development, as well as industrialisation and modernisation.

A one-stop-shop approach to administrative procedures has shortened processing time significantly, Dung said, calling for an acceleration of implementation efforts.

PM Dung proposed ministries and sectors put forth specific measures to perfect the legal framework for investments and businesses, with a particular focus on reforming administrative procedures; removing barriers to investment; reforming market access procedures; implementing investment projects; and facilitating business operations in all areas of the economy.

The ministry reported it had been working with the Ministry of Finance and the Ministry of Public Security since 2007 to implement the one-stop-shop approach to business registration, tax registration and other procedures relating to the establishment of new businesses.

In 2010, the national business registration system was established, aiming to fundamentally reform the business landscape of Vietnam.-VNA