Business prerequisites still too costly: CIEM
CIEM estimated there were more than 5,000 business prerequisites in around 400 legal documents.
To date, 542 prerequisites were amended, 771 removed and 111 replaced, but 29 new conditions were released.
Phan Duc Hieu, CIEM Deputy Director, said the deregulation push failed to meet the Government’s goal of cutting 50% of prerequisites.
He added that many business prerequisites, despite being amended, remained vague and lacked transparency.
According to Hieu, several removed regulations do not bring any changes. Some cause more difficulties for businesses.
“Deregulation is just a small part. What’s more important is the quality of regulations,” he said.
According to Nguyen Minh Thao from the CIEM’s Business Environment and Competitiveness Committee, unnecessary prerequisites remained popular, hindering business operation.
Many prerequisites were amended in name only while several were compiled into one document, Thao said, adding some were amended but in fact not simplified.
Dau Anh Tuan, head of the Vietnam Chamber of Commerce and Industry (VCCI)’s Legal Department, said deregulation still focused on simplification while little attention was paid to completely removing prerequisites.
“The deregulation must create real breakthroughs,” Tuan stressed, adding that to improve deregulation, it was necessary to listen to contributions from enterprises.
Experts at the conference proposed an independent organisation to measure the quality of deregulation.
The Government issued Resolution 139/NQ-CP on November 9 to introduce an action programme to cut costs for enterprises.
The Government asked ministries and local management agencies to strengthen reforms, especially in cutting unreasonable costs and creating favourable conditions for enterprises.
By 2020, the deregulation in investment, land, construction, tax payments and social insurance should reach the average score of ASEAN 4 in the World Bank’s Doing Business report.
Related News
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
32nd Việt Nam Expo promises to boost business linkages
14:19 | 03/04/2023 Import-Export
32nd Vietnam Expo promises to boost business linkages
14:45 | 31/03/2023 Import-Export
Latest News
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export
HCM City’s industrial production index down 0.9% in Q1
14:47 | 04/04/2023 Import-Export
More News
Fisheries exports estimated at 1.85 billion USD in Q1
14:45 | 04/04/2023 Import-Export
Quang Ninh aims to attract quality FDI inflows
14:43 | 04/04/2023 Import-Export
Exports face many difficulties
13:29 | 04/04/2023 Import-Export
Manufacturing enterprises increase their competitiveness thanks to digital transformation
13:28 | 04/04/2023 Import-Export
Prevention of price risks before news that Indonesia increases rice imports in reserve
09:52 | 03/04/2023 Import-Export
Japanese investors highly appreciate Vietnamese property market
17:41 | 02/04/2023 Import-Export
Seafood enterprises propose to remove obstacles from exporting to the EU
10:34 | 02/04/2023 Import-Export
Need to effectively use tools to prevent exchange rate risks in import and export field
10:32 | 02/04/2023 Import-Export
Increase competitiveness when export turnover comes from domestic enterprises
20:38 | 01/04/2023 Import-Export
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export