Building the correct legal framework is one of the major challenges holding back start-up businesses and now the government is looking at easing red-tape and giving an easier ride to both young companies and the private sector.
Red tape must be removed for domestic logistics firms to develop and compete in a market which had great potential, driven by a boom in international trade, but was now dominated by foreign rivals, attendees were told at a conference...
The ministries that are lagging behind in efforts to cut red tape for businesses must submit draft decrees on their reforms to the Prime Minister before the end of October, ordered the Minister, Chairman of the Government Office Mai Tien...
Red tape is the main hurdle to the development of the mechanical engineering industry in HCM City, businesses in the sector told city authorities at a meeting on Wednesday.
Prime Minister Nguyen Xuan Phuc has asked all ministries, departments and provinces to promote growth by easing the hurdles that businesses face and by helping cut down their bureaucratic expenses.