The new Laws on Business and Investment are expected to help strongly improve the business and investment environment of Viet Nam. — Photo baodautu.vn

HA NOI (Biz Hub) — The Prime Minister has decided to set up a task force to enforce the Business and Investment Laws.

Minister of Planning and Investment Bui Quang Vinh was appointed as head of the group.

Under the PM's decision, the group's deputy heads include Chairman of the Viet Nam Chamber of Commerce and Industry Vu Tien Loc, Deputy Minister of Planning and Investment Dang Huy Dong, Vice Chairman of the Government Office Kieu Dinh Thu and Deputy Minister of Justice Dinh Trung Tung.

The group is responsible for consulting and helping the PM to direct the full and consistent implementation of the laws on business and investment.

Specifically, it will guide and co-ordinate with ministries, agencies and People's Committees at the provincial level to help enforce the laws, act as a consultant to help the PM deal with obstacles that emerge while enforcing the laws, and help the PM supervise the implementation of regulations on conditional businesses.

It will also be in charge of organising and reviewing legal regulations related to business and investment activities and proposing amendments and supplements, when necessary.

The revised laws on business and investment took effect in July this year. — VNS