From 2024-25, the Ministry of Finance (MoF) will reduce and simplify administrative procedures relating to six lines of business under the ministry''s management.
Regarding public finance, reform efforts should focus on increasing revenue and reducing regular spending to spend more on development investment, along with fighting corruption and negative phenomena.
It aims to diversify its investment promotion efforts, including by holding regular meetings and interactions with large domestic and international companies to apprise them about its potential and investment climate.
Administrative procedure reform is the key to unlocking the full potential of the Europe-Viet Nam Free Trade Agreement (EVFTA), said participants at a conference on Tuesday.
Private Vietnamese firms have asked the Government to push administrative reform and build a favourable trade and investment climate to make Viet Nam one of the best places to do business in ASEAN.
Deputy Governor of the State Bank of Viet Nam (SBV) Dao Minh Tu said that SBV would continue to enhance administrative reform in the near future, with a focus on improving the business environment in monetary and banking fields, and...
More administrative reform is needed in the banking industry to make it easier for businesses and individuals to get credit, experts told a conference in HCM City on May 16.
Implementation of Free Trade Agreements (FTAs) has significantly reduced export tariffs for Viet Nam but national administrative reform, reduction of import-export expenditure and business environment renovation are the key factors to improve national competitiveness.
Promoting administrative reform in the finance and budget sector to favourable conditions for individuals and businesses was one of the key tasks being implemented by the Ministry of Finance. Minister of Finance Dinh Tien Dung talks to Vietnam News Agency...
The speed of red tape cutbacks for business conditions remains limited in spite of great efforts made by the Government and relevant ministries and sectors, experts said at a conference held by VCCI.
The Ministry of Construction has cut or simplified 85 per cent out of the 215 business and investment conditions, and eliminated five among the 17 conditional business lines.
The central city of Da Nang has been compiling simplified investment procedures to support European businesses with more transparency and a reduction in informal charges.
The Cuu Long (Mekong) Delta region have improved their rankings in the Provincial Competitiveness Index (PCI), the head of Viet Nam Chamber of Commerce and Industry (VCCI)’s legal department has said.
More efforts should be made to boost administrative reform in the banking system to further facilitate access to credit for micro, small and medium enterprises.