The average duration for customs clearance for exports last year stood at 38.4 hours, a decline by 57.38 hours compared to 2019, according to a survey of an inter-sectoral working group.
A workshop was held in the central city of Da Nang on July 17 to discuss ways to improve the effectiveness of support policies for businesses affected by the COVID-19 pandemic.
The Vietnamese Government is working out measures to further improve the business environment for the country to jump 8-18 steps from the current 68th place in the World Bank’s Doing Business Rankings.
The Vietnamese Government has issued a resolution on continuing with solutions and tasks to improve the business environment and increase national competitiveness in 2018 and beyond.
Indonesia, the largest economy in Southeast Asia, has jumped 15 places from 106th position to 91th position among 190 economies in the World Bank (WB)’s Ease of Doing Business Index 2017.