More business conditions need to be removed to create momentum for enterprises

More business conditions need to be removed to create momentum for enterprises

Besides reducing business conditions, a number of ministries and sectors have continued to issue and enforce new business conditions with stricter requirements that cause difficulties for enterprises, said Deputy Minister of Planning and Investment Tran Duy Dong.
"Hunger" for capital is affecting the "health" of businesses

"Hunger" for capital is affecting the "health" of businesses

VCN - A representative of a fruit import-export business in Ben Tre shared that the loan interest rate has increased by 2 %/year for both VND and foreign currency loans.
VCCI: Control mechanism on additional business conditions necessary

VCCI: Control mechanism on additional business conditions necessary

The improvement of the business investment environment can only be done effectively if it is coordinated with the control of proposals on business investment and new business conditions.
400 business conditions axed last year: MPI deputy minister

400 business conditions axed last year: MPI deputy minister

Over 400 business conditions were cut in the recently passed Law on Investment last year, according to Deputy Minister of Planning and Investment (MPI) Tran Duy Dong.
Draft decree specifies a number of articles of the Securities Law: Towards cutting business conditions

Draft decree specifies a number of articles of the Securities Law: Towards cutting business conditions

VCN- In the past 10 years, Vietnam's stock market has developed dramatically, gradually becoming an important medium and long-term capital mobilisation channel of the economy.
Cutting business conditions: "removing old, adding new"

Cutting business conditions: "removing old, adding new"

VCN- According to the report on "Flow of business legal regulations 2019" released by the Vietnam Chamber of Commerce and Industry (VCCI), since 2016, the list of conditional business lines has been reviewed, amended and supplemented.
Cutting down business conditions of labour industry: “backward in reform” and “systemised in implementation”

Cutting down business conditions of labour industry: “backward in reform” and “systemised in implementation”

The administrative reform and cutting business conditions by the Ministry of Labour, War Invalids and Social Affairs in recent times is still systemised
98 percent of administrative procedures’ dossiers are solve via online

98 percent of administrative procedures’ dossiers are solve via online

In the first six months of 2019, the Customs sector handled nearly 6.3 million dossiers, 98 percent of which were processed via the internet
Business law: No escape of removing thinking

Business law: No escape of removing thinking

VCN- In order to make assessments and recommendations on business laws in Vietnam in 2018, on January 15, Vietnam Chamber of Commerce and Industry (VCCI) organized a Conference to review business laws 2018.
Looking back on the effort of reforming administrative procedures of Finance sector in 2018

Looking back on the effort of reforming administrative procedures of Finance sector in 2018

Putting efforts after an enduring process in 2018, the Finance sector has achieved comprehensive results in administrative procedure reform.
The Ministry of Finance is researching for cutting down and simplifying 29 business conditions about Customs field

The Ministry of Finance is researching for cutting down and simplifying 29 business conditions about Customs field

The Ministry of Finance is continuously researching for completing and presenting to the Government the issuing of some Decrees on cutting down and simplifying 29 business conditions
Cutting down business conditions: Still weighing on the simplification

Cutting down business conditions: Still weighing on the simplification

VCN- According to Mr. Phan Duc Hieu, Deputy Director of CIEM, the regulations on business conditions are of low quality, but the State management agencies still considered it a key tool for the State management.
117 business conditions in Finance sector shall be reduced and simplified

117 business conditions in Finance sector shall be reduced and simplified

VCN- This Decree amends and supplements 14 decrees providing for business conditions in the sectors of accounting, auditing, lotteries, prize-winning electronic games for foreigners, credit rating service, casino, betting, service for voluntary pension fu
It is necessary to avoid the "disguise" phenomenon of business conditions

It is necessary to avoid the "disguise" phenomenon of business conditions

VCN- In the first 6 months of the year, many options (of about 11 ministries) were released with the expected result of reduction and simplification of over 50% of total business conditions to facilitate greater convenience for enterprises.
Amending Decree 68/2016/NĐ-CP towards the direction of reform and simplification procedures

Amending Decree 68/2016/NĐ-CP towards the direction of reform and simplification procedures

General Department of Vietnam Customs organized a conference for taking comments from local Customs and enterprises about a draft Decree for amending and supplementing Decree 68/2016/NĐ-CP
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