Legal steps for operating ODA projects are simplified to accelerate the disbursement of the soft foreign loans after amendments to nine laws took effect earlier this month, according to the Ministry of Planning and Investment (MPI).
Prime Minister Nguyen Xuan Phuc requested all localities and sectors to continue simplifying administrative procedures while chairing a conference of the Government’s Steering Committee for Administrative Reform in Hanoi on February 21.
The Ministry of Industry and Trade (MoIT) is currently taking the lead in the removal of business conditions and goods from the list of those subject to specialised examination, according to a report.
The speed of red tape cutbacks for business conditions still remains limited in spite of great efforts made by the Government and relevant ministries and sectors.
Reforms in taxation procedures have elicited increased satisfaction from enterprises over the last two years, but they continue to expect further simplification, a survey by VCCI has found.
Despite efforts to hasten administrative reforms, there is still room for further reduction in customs procedures, and businesses expect more simplification.
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