The Ministry of Finance recently issued a decision on reducing and simplifying 176 administrative procedures under its management.

Thirteen fields, including taxation, customs, state treasury, securities, insurance and public assets are subject to the effort. Up to 148 procedures will be removed while 28 others will be simplified.

Thus, total administrative procedures under the management of the finance ministry are slashed to 839.

In the coming time, the ministry will continue to keep a close watch on the simplification of administrative procedures, and stringently control the issuance of new ones.-VNA