The local business environment has not witnessed strong reforms although the government has made efforts to improve the same over the past years, according to experts.
The business environment in Viet Nam has improved significantly this year and, as a result, the belief in the future of doing business and the desire to participate in the market is strengthened, heard a conference.
A list of best and worst legal regulations of 2016 compiled by the Viet Nam Chamber of Commerce and Industry (VCCI) has been received by relevant ministries with varying degrees of acknowledgement and skepticism.
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July 1, 2016, and have been replaced by 50 new decrees.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...