Measures sought to facilitate enterprises’ business, investment

Hanoi (VNA) – A workshop discussing measures to remove difficulties facing enterprises in implementing regulations and procedures related to business registration, construction license, asset registration, tax and social insurance was held in Hanoi on October 28.

The event was organized by the Central Institute for Economic Management (CIEM).

Addressing the event, former CIEM director Nguyen Dinh Cung said the workshop aims to propose ways to create a transparent business and investment environment, towards reducing costs and risks for enterprises and improving their confidence.

Nguyen Minh Thao, head of the CIEM’s Business Environment and Competitiveness Department, said in the last two years, Vietnam's competitiveness index continued to be improved, but slowly.

According to the CIEM, the results of the improvement of competitiveness rankings represent the Government's strong effort in recent years.

She said that Vietnam has recorded remarkable improvements such as reduction of conditional business lines, simplification of business conditions, change of technology management method in some fields, application of electronic transactions in processing administrative procedures and non-cash payment, and inspection reforms.

Dau Anh Tuan, head of the Legal Department of the Vietnam Chamber of Commerce and Industry, said Vietnam’s customs procedures have been improved but the sector need to better the work of professional inspection and the efficiency of the national one-stop-shop portal.

Participants also stressed the need for the reform of institutions, policies and administrative procedures; transparent implementation of tax administrative procedures and support for taxpayers; and promotion coordination among relevant agencies to implement tax administrative procedure reform./.