Business, investment laws should be examined: workshop

Scrutiny of business and investment laws is needed to adjust or remove incompatible regulations to serve the long term development of enterprises heard a workshop in Hanoi on July 22.
business investment laws should be examined workshop New law for business in pipeline
business investment laws should be examined workshop PM: VN ministries must make laws faster
business investment laws should be examined workshop Ten laws take effect in 2016
business investment laws should be examined workshop
Business, investment laws should be examined.

According to the VCCI, 37 laws on business and investment need to be revised and adjusted to avoid contradictions and overlaps, including the Commercial Law, the Law on Investment, the Law on Enterprises, the Law on Land, the Law on Construction, the Law on Environmental Protection, and the Law on Science and Technology.cent years, such as by building the Law on Investment and Law on Enterprises in 2014, and promulgating Resolution No.19 on bettering the business climate and enhancing the national competitive edge, along with Resolution No.35 on supporting businesses.

The Law on Corporate Income Tax, the Law on Value Added Tax, the Law on Special Consumption Tax, the Law on Tax Management, the Law on Management and Use of State Capital Invested in Production and Business and Enterprises, the Law on Advertising, and the Law on Housing should be overhauled, too.

Head of VCCI’s Legal Department Dau Anh Tuan said the examination of business and investment laws aims to remove barriers and overlaps among legal documents, through which push forward the reform of administrative procedures and create equal opportunities for business players.

business investment laws should be examined workshop Fiscal policy takes effect in July

VCN- A few of new circulars of the Ministry of Finance will take effect on May 7, ...

Such legal documents as the Law on Accounting, the Law on Cinema, the Law on Telecommunications, and the Law on Prices also needs revision, he said, pointing to some shortcomings in the fields.

Source: VOV

Related News

The Government plans to borrow maximum of VND676,057 billion and repay debt of VND453,990 billion in 2024

The Government plans to borrow maximum of VND676,057 billion and repay debt of VND453,990 billion in 2024

VCN – The Loan and Public debt payment plan in 2024 and the 3-year public debt management program for 2024 - 2026 have been approved by Deputy Prime Minister Le Minh Khai in Decision No. 260/QD-TTg.
Personal Income Tax Law to be amended in 2025

Personal Income Tax Law to be amended in 2025

VCN - On March 29, answering questions from the press at the Ministry of Finance's regular press conference for the first quarter of 2024, the leader of the Department of Management and Supervision of Tax, Charges and Fees Policy (Ministry of Finance) said, continue to focus on drastically implementing solutions to support businesses that the National Assembly and the National Assembly Standing Committee have approved; At the same time, closely monitor the situation to research and advise competent authorities on appropriate solutions.
Good management of public debt creates room to implement expansionary fiscal policy

Good management of public debt creates room to implement expansionary fiscal policy

VCN - Public debt safety indicators continue to be strictly controlled in the safe limit. With a lower debt level than the current ceiling rate, and a favorable debt structure, Vietnam has a lot of room to implement expansionary fiscal policy to allocate loans for large projects as an economic growth engine.
Accelerate development of Stock market in 2024

Accelerate development of Stock market in 2024

VCN - At the Conference on developing the stock market in 2024 held on February 28, Prime Minister Pham Minh Chinh said that it is necessary to take measures to upgrade Vietnam’s stock market from frontier market to emerging market, especially focusing on resolving obstacles to meet criteria by strictly honoring commitments.

Latest News

The processing and manufacturing industry increased by 6.3% in 4 months

The processing and manufacturing industry increased by 6.3% in 4 months

VCN - Continue the recovery momentum from the end of 2023, industrial production in April and the first 4 months of 2024 continues to show a positive trend. Of which, the processing and manufacturing industry increased by 6.3%.
Corporate profits enter recovery cycle

Corporate profits enter recovery cycle

VCN - The recently released Q1 2024 business results update by SSI Securities Corporation shows that corporate profits may have overcome the most challenging period and entered a phase of recovery and more stable growth.
Focusing on the "readiness" factor waiting for foreign investors in the high-tech field

Focusing on the "readiness" factor waiting for foreign investors in the high-tech field

VCN - According to a representative of the Ministry of Planning and Investment (MPI), investment by foreign corporations and businesses depends on many factors, but it is necessary to focus on factors related to Vietnam's readiness.
Exploiting the potential of Dong Nai

Exploiting the potential of Dong Nai's largest seaport

VCN - Phuoc An Port - the largest seaport in Dong Nai is expected to come into operation in July 2024, which will contribute to a significant increase in the amount of goods arriving at Dong Nai seaport. In order to meet the needs of import and export and create favorable conditions for businesses, customs management units in the area also need to change their model.

More News

Hanoi calls for investments in six urban areas projects

Hanoi calls for investments in six urban areas projects

Hanoi is calling for investment in six urban areas projects in Dong Anh district worth a total of 34 trillion VND (1.3 billion USD).
The food industry aims to green packaging

The food industry aims to green packaging

VCN - Greening food packaging is not only a trend but also a strategic transformation of businesses to meet environmental requirements. Therefore, businesses need to focus on using environmentally friendly packaging materials that are easy to recycle while ensuring product quality.
"The key" to growth motivation for enterprises

"The key" to growth motivation for enterprises

VCN - Unlocking growth motivations is an urgent requirement from the Government to help enterprises and the economy quickly recover. But unlocking the driving motivations must be accompanied by drastic reforms in institutions and the business environment to create conditions and increase confidence for enterprises to step forward.
Exports of four localities achieve tens of billions of USD

Exports of four localities achieve tens of billions of USD

VCN - By the end of April, there are four localities and cities reaching an export turnover of US$10 billion or more, according to the statistics of General Department of Vietnam Customs.
Rapid greening of the logistics sector to avoid being "eliminated"

Rapid greening of the logistics sector to avoid being "eliminated"

VCN - In the current context, if criteria for greening the logistics sector are not quickly and immediately implemented, businesses will face significant difficulties in the future and gradually be "eliminated" from domestic and global business, trade, and import-export activities.
25 out of 28 northern localities report positive industrial production

25 out of 28 northern localities report positive industrial production

As many as 25 out of 28 northern localities reported positive annual growth in industrial production in the first four months of 2024, heard the 10th meeting of industry and trade sectors from 28 northern cities and provinces in Hanoi on May 17.
Dong Nai remains magnet for foreign investors

Dong Nai remains magnet for foreign investors

Industrial parks in the southern province of Dong Nai continued to see a strong influx of foreign direct investment (FDI) in the first months of this year, which has surpassed the yearly target by nearly 20%.
Vietnamese steel affirms position in world market

Vietnamese steel affirms position in world market

The steel industry has affirmed its position by reaching the Top 12 in the world in terms of crude steel production. Not only is the production output growing rapidly, but Vietnamese steel products are also gradually becoming more diverse, according to the Vietnam Steel Association (VSA).
Five commodities worth billion dollar exported to China

Five commodities worth billion dollar exported to China

VCN - By the end of April, there were four commodities exported to the Chinese market with the turnover of US$1 billion or more.
Read More

Your care

Latest Most read
The processing and manufacturing industry increased by 6.3% in 4 months

The processing and manufacturing industry increased by 6.3% in 4 months

Continue the recovery momentum from the end of 2023, industrial production in April and the first 4 months of 2024 continues to show a positive trend.
Corporate profits enter recovery cycle

Corporate profits enter recovery cycle

The recently released Q1 2024 business results update by SSI Securities Corporation shows that corporate profits may have overcome the most challenging period and entered a phase of recovery
Focusing on the "readiness" factor waiting for foreign investors in the high-tech field

Focusing on the "readiness" factor waiting for foreign investors in the high-tech field

VCN - According to the Deputy Minister, investment by foreign corporations and businesses depends on many factors, including three main factors.
Exploiting the potential of Dong Nai

Exploiting the potential of Dong Nai's largest seaport

Phuoc An Port - the largest seaport in Dong Nai is expected to come into operation in July 2024, which will contribute to a significant increase in the amount of goods arriving at Dong Nai seaport.
Hanoi calls for investments in six urban areas projects

Hanoi calls for investments in six urban areas projects

Hanoi is calling for investment in six urban areas projects in Dong Anh district worth a total of 34 trillion VND (1.3 billion USD).
Mobile Version