Over 400 business conditions have been removed in the recently passed Laws on Investment last year, according to the deputy minister of planning and investment (MPI) Tran Duy Dong.
The amendments to the Law on Enterprise and Law on Investment must include stronger solutions to thoroughly and comprehensively reform State-owned enterprises.
The amendments to enterprise and investment laws should be aimed at promoting the development of the private sector, a conference held in Ha Noi was told on Wednesday.
Around 3,000 business conditions under circulars have expired since
July 1, 2016, and have been replaced by 50 new decrees. This was a
breakthrough in the local business environment and was good news for the
local business community. But local enterprises were still...
While the Ministry of Finance has not decided on a date for issuing
sovereign bonds worth US$3 billion on the international market to
refinance the country''s debts.
Investing abroad through trading securities will be regulated by a decree which has been drafted by the State Bank of Viet Nam to clarify Investment Law 2014.
To attract more investment from Vietnamese and foreign investors into
public projects, the Government has issued a Decree detailing a number
of articles in the Bidding Law on investor ion.
The Law on Investment 2014 (coming into effect on July 1st, 2015) shall
contain significant changes, in comparison with existing provisions,
specifically in investment forms, new regulations on Investment
Registration Certificate, and projects entitled for investment
incentives.
The Minister of Planning and Investment, Bui
Quang Vinh, spoke to reporters about changes made to the amended Law on
Enterprise and Law on Investment, both recently approved at the eighth
session of the 13th National Assembly.
The amended Law on Investment will have regulations for the strict
management of projects with large amounts of registered capital,
according to Deputy Minister of Planning and Investment Nguyen Chi Dung.
The State should provide more detailed regulations and guidance on
handling overseas investment activities for local enterprises in the
latest draft amending the Law on Investment, said an expert.