Prime Minister Nguyen Tan Dung has asked for the acceleration of thereform of administrative procedures relating to business establishment,re-arrangement and dissolution, looking forward to gradually abolishingbarriers to the business and investment environment.
According an announcement of the office of the Government on September18, the Prime Minister requested cutting by half the average proceduralduration needed for business registration, re-arrangement anddissolution prior to December 31, 2014.
The Ministry ofPlanning and Investment (MoPI) was assigned to screen all proceduresthat disturbed businesses for removal while refining the process andformalities required for business dissolution to make it easy for thosewho wish to get out of the market.
In addition, the PM hasrequested speeding up the application of information technology andimproving the staff running business registration activities.
The national business registration information network must beexpanded further and the one-stop-shop mechanism must be multiplied toenable quicker market accession for businesses, he said.
The MoPI was asked to work together with the Ministry of Finance to run a system to issue businesses’ codes automatically.
At his recent working session with the MoPI, the PM stressed that atthe 11th Congress, the Party stated clearly that improving thenational competiveness and proactively integrating globally are aimed toserve the country’s fast and sustainable development as well as itsindustrialization and modernization.
“Institutionalimprovements and administrative reform is always the cornerstone of theGovernment’s affairs. Each ministry and locality needs to press aheadwith the screening work to make institutions and mechanisms complete,thus making it easier for investment attraction and competitivenessenhancement,” he said.
The Government chief alsoasked the MoPI to quicken the perfection of the Investment Law (Revised)and revise existing legal regulations to clarify the prohibitedbusiness lines and conditional ones.
As of the end ofJuly, 76 State-owned enterprises had been re-arranged, of which 55underwent equitisation, two were dissolved, 15 merged and three proposedto declare bankrupt. Only one enterprise was sold.
According to the Steering Committee for Enterprise Renewal andDevelopment, the goal of equitising 432 State-owned enterprises betweennow and the end of 2015 is feasible.-VNA
According an announcement of the office of the Government on September18, the Prime Minister requested cutting by half the average proceduralduration needed for business registration, re-arrangement anddissolution prior to December 31, 2014.
The Ministry ofPlanning and Investment (MoPI) was assigned to screen all proceduresthat disturbed businesses for removal while refining the process andformalities required for business dissolution to make it easy for thosewho wish to get out of the market.
In addition, the PM hasrequested speeding up the application of information technology andimproving the staff running business registration activities.
The national business registration information network must beexpanded further and the one-stop-shop mechanism must be multiplied toenable quicker market accession for businesses, he said.
The MoPI was asked to work together with the Ministry of Finance to run a system to issue businesses’ codes automatically.
At his recent working session with the MoPI, the PM stressed that atthe 11th Congress, the Party stated clearly that improving thenational competiveness and proactively integrating globally are aimed toserve the country’s fast and sustainable development as well as itsindustrialization and modernization.
“Institutionalimprovements and administrative reform is always the cornerstone of theGovernment’s affairs. Each ministry and locality needs to press aheadwith the screening work to make institutions and mechanisms complete,thus making it easier for investment attraction and competitivenessenhancement,” he said.
The Government chief alsoasked the MoPI to quicken the perfection of the Investment Law (Revised)and revise existing legal regulations to clarify the prohibitedbusiness lines and conditional ones.
As of the end ofJuly, 76 State-owned enterprises had been re-arranged, of which 55underwent equitisation, two were dissolved, 15 merged and three proposedto declare bankrupt. Only one enterprise was sold.
According to the Steering Committee for Enterprise Renewal andDevelopment, the goal of equitising 432 State-owned enterprises betweennow and the end of 2015 is feasible.-VNA
