Sat. Jan 11th, 2025

Hanoi (VNA) –
The Ministry of Industry and Trade (MoIT) plans to streamline 464 to 612
conditions for establishing new businesses, equivalent to some 38.15 to 50.3
percent of the total business conditions. 

This was the information released by Minister of Industry and Trade Tran Tuan
Anh at a meeting late last week.

Specifically, the ministry’s administrative reform team together with
representatives of departments submitted a report to the minister on reviewing
and simplifying business conditions, proposing a roadmap to reduce business
procedures and conditions, as well as specific monitoring options.

Accordingly, the working group proposed two options.

First, the working group proposed to cut 464 conditions, equivalent to 38.15
percent of total business conditions. In particular, 180 of 350 conditions for
the food business sector were recommended to be cut.

Second, it suggested 612 conditions be removed, equivalent to 50.3 percent,
from total 17 sectors. In particular, the food business sector would see 331
out of 350 business conditions eliminated. 

The 17 business sectors for which procedures to set up businesses would be
simplified include petrol, gas, chemicals and alcohol, as well as
cigarettes, food, electricity and franchising; along with logistics, commercial
inspection, multilevel-marketing and e-commerce.

Therefore, after reduction, total remaining conditions are 752 if option one is
chosen and 604 conditions if option two is applied.

As for the food business sector, Nguyen Sinh Nhat Tan, Director of the
ministry’s Legislation Department, said option one was proposed based on the
current regulations of the Food Safety Law 2010, thus there would not be many
changes. 

However, if option two was implemented, it would be very time-consuming, as in
this case, it would be necessary to regulate standards for different types of
food businesses, which would be foundations for business performance
examination and supervision. 

Minister Anh requested that authorities evaluate the impact of the
simplification of administrative procedures on business operations and the
people.

“The results of this review will show us that efforts to remove business
conditions are indeed on the right path, necessary and helpful in tackling
difficulties for businesses,” minister Anh emphasised.

The reduction of business conditions and the removal of difficulties for
enterprises would be a key task throughout the process of administrative
reform, the improvement of the institution and the creation of a transparent
investment environment, he added.

At the meeting, the minister asked departments to continue reviewing other
regulations and business conditions for removal and report back to him
on September 21 for a final decision. 

Earlier, the Government required ministries to review business conditions
following market mechanisms of OECD and proposed that those hindering
competitiveness be removed.-VNA 

By vivian