Investors in Vietnam are still facing difficulties caused by burdensome administrative procedures, especially for land use, the Prime Minister’s Advisory Council for Administrative Procedure Reform heard at a meeting in Hanoi on February 19.
Deputy Minister of Justice Le Thanh Long, who is also vice chairman of the council, said that the implementation of administrative procedures for investment projects is very complicated and time-consuming, thus hindering the development of the national economy.
He said that his ministry has coordinated with the council and other agencies in drafting a resolution on some major administrative reforms to improve the business and investment environment.
The resolution sets a target of cutting at least 40 percent of the implementation time and minimising the sum investors must spend to cover the procedures, he added.
At the meeting, the council members agreed that in 2014, the council will continue to study administrative regulations related to poor household certification, business dissolution, food safety and land use right registration, among others.-VNA
Deputy Minister of Justice Le Thanh Long, who is also vice chairman of the council, said that the implementation of administrative procedures for investment projects is very complicated and time-consuming, thus hindering the development of the national economy.
He said that his ministry has coordinated with the council and other agencies in drafting a resolution on some major administrative reforms to improve the business and investment environment.
The resolution sets a target of cutting at least 40 percent of the implementation time and minimising the sum investors must spend to cover the procedures, he added.
At the meeting, the council members agreed that in 2014, the council will continue to study administrative regulations related to poor household certification, business dissolution, food safety and land use right registration, among others.-VNA
