The Ministry of Industry and Trade’s draft proposal on the petrol business which states that distributors are not allowed to trade petrol with each other but only permitted by buy petrol from wholesalers, has met objections.
Director of the Administrative Procedures Control Agency Ngo Hai Phan said that the results of simplification of business regulations had not met the Government’s requirements.
The Vietnamese Government has hastened reforms but more renovations in State management are needed to facilitate businesses and effectively manage new business models.
The Government entrusted the Ministry of Planning and Investment (MPI) to draft a law to foster revisions of business regulations in the future. MPI''s Deputy Minister Dang Huy Dong talks to Vietnam News Agency reporter Quoc Huy about related developments.