Japanese enterprises complain about high production costs and cumbersome procedures

Japanese enterprises complain about high production costs and cumbersome procedures

VCN - Japanese enterprises have suggested the authorities should simplify administrative procedures and the licensing process to help them shorten time and save costs for production, trading and investment activities in Vietnam.
2019 business results: Why did somebusinesses suffer big losses?

2019 business results: Why did somebusinesses suffer big losses?

VCN - Although many businesses reported losses in 2019, experts still think there are many bright spots in the picture of businesses in general.
Draft amended Labour Code: Enterprises worry about increasing costs

Draft amended Labour Code: Enterprises worry about increasing costs

VCN- Regarding the regulation of working hours in a week, businesses proposed not cutting the working time to 44 hours/week and keeping the current standard working hours as 48 hours/week.
Logistics costs are difficult to reduce due to the deviation of investment from transport infrastructure

Logistics costs are difficult to reduce due to the deviation of investment from transport infrastructure

VCN - World Bank: Reducing the investment rate for road infrastructure by 2-3% will not cause much impact on transport efficiency.
The Finance sector continues cutting costs for businesses

The Finance sector continues cutting costs for businesses

VCN - The spirit of administrative procedure reform of the Finance sector has been implemented continuously, stably, strongly and effectively for many years
Ministry of Finance issues a plan to cut costs for enterprises

Ministry of Finance issues a plan to cut costs for enterprises

VCN - The Ministry of Finance has issued a plan to implement the Government's Resolution No. 139 / NQ-CP of November 9 2018, on promulgating the Action Plan to cut costs for enterprises.
2018: Continuing to reduce costs for businesses

2018: Continuing to reduce costs for businesses

VCN- Prime Minister Nguyen Xuan Phuc said that in 2018, the Government continues to strongly implement the policy of “reducing costs for businesses”.
Specialized inspections: Enterprises spent tens of billions of dollars for storage

Specialized inspections: Enterprises spent tens of billions of dollars for storage

VCN - This is one of the evidence that the Ministry of Planning and Investment (MPI) mentioned in the report on the implementation of Resolution 19 in 2017
It costs 12,208 billion VND for 5 specialized examination subjects

It costs 12,208 billion VND for 5 specialized examination subjects

VCN- Only 5 areas of field inspection: plant quarantine, animal quarantine, energy efficiency inspection, food safety inspection, import license and requirements and the equivalent demands related to the Ministry of Health, Agriculture and Rural Developme
Costs not controlled will cause damage to enterprises

Costs not controlled will cause damage to enterprises

VCN - Currently, despite changes in thinking from message of the facilitating government, the fact that according to enterprises, formal and informal costs are big problems which that have existed for a long time and still remained the burden on enterpri
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