Business

Experts discuss measures to improve business environment

A conference was held in Hanoi on January 21 to discuss measures to improve the domestic business environment and competitiveness of the economy as well as orientations for the next five years.
Experts discuss measures to improve business environment ảnh 1An overview of the conference (Photo: http://aus4reform.org.vn/)
Hanoi (VNA) – A conference was held in Hanoi onJanuary 21 to discuss measures to improve the domestic business environment andcompetitiveness of the economy as well as orientations for the next five years.

Participants at the event highly evaluated the efficiency ofreducing business conditions so far, as well as issues relating to the inclusionof the conditions in relevant regulations.

Addressing the event, part of the Australia SupportsEconomic Reform in Vietnam (Aus4Reform) programme, Deputy Director of the CentralInstitute for Economic Management (CIEM) Phan Duc Hieu said that the event is achance for participants to seek measures to support business and productionactivities, and identify obstacles in the field.

Nguyen Minh Thao, head of the CIEM Department for BusinessEnvironment and Competitiveness Research, said that as of the end of 2019, morethan 30 documents on business conditions were issued, cutting more than 50percent of business conditions.

Many conditions that are ambiguous and make too deepinterference into business operations were abolished, she said.

She noted that along with the cutting of overlappedconditions, many conditions have been adjusted to facilitate businessactivities, increasing transparency and giving more attention to the voice ofthe business community.

However, Thao held that there is much to do to improve thequality of business, including the further revision of business conditions.

Meanwhile, Dau Anh Tuan, Director of the Legal Department ofthe Vietnam Chamber of Commerce and Industry (VCCI), said that reducing businessconditions should be made more drastically.

Tuan also highlighted the significance of reform from thegrassroots level as well as the role of local administrations in the field.

He suggested that management agencies should clarify theirdetail responsibilities and foster connections to build shared database andbetter serve businesses.

Tuan also underlined the need for the agencies to speed updigitalization and pay more attention to environmental protection in businessactivities, and support to enterprises to recover from the COVID-19 pandemic.

Nguyen Dinh Cung, former Director of CIEM, said that obstacleshindering business and investment activities may return if reform efforts arenot made in a regular and strong manner./. 
VNA
#Aus4Reform #business environment #business conditions #CIEM #Vietnam Chamber of Commerce and Industry (VCCI) #Vietnam #Vietnam news #Vietnam News Agency
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