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Official Gazette

Sunday, January 20, 2019
Tags: cut
Red tape to be cut nationwide in 2019 Red tape to be cut nationwide in 2019
2019 will be a busy year for ministries looking to cut business prerequisites, and firms should contribute to making the process more efficient, said Nguyen Dinh Cung, Director of the Central Institute for Economic Management.
Measures sought to raise efficiency of competitiveness improvement Measures sought to raise efficiency of competitiveness improvement
Deputy Prime Minister Vu Duc Dam has recently chaired a meeting in Hanoi to review five years of implementing Resolution 19 regarding the enhancement of the business environment and national competitiveness, as well as measures to boost its efficiency in 2019.
Revised duty policies expected to boost import-export activities Revised duty policies expected to boost import-export activities
With a view to removing barriers and difficulties in import and export activities, the Ministry of Finance has recently issued Circular 95/2018/TT-BTC, annulling a number of circulars on import and export duties.
Vietnam seeks FDI in new technology-based sectors Vietnam seeks FDI in new technology-based sectors
With around USD 184 billion disbursed over the past 30 years since the enactment of the Law on Investment in 1987, the inflow of foreign direct investment has significantly contributed to the country’s total social investment capital.
Ministry continues to slash investment business conditions Ministry continues to slash investment business conditions
The Ministry of Industry and Trade (MIT) on October 11 issued Decision 3720/QD-BCT, removing and simplifying some 200 business conditions out of total 560 ones under its management for the 2019-20 period.
NA deputies talk debt sea economy NA deputies talk debt, sea economy
During a discussion on the country’s current debt, NA deputies urged the Government to tighten the management of investment funds, as well as prioritize projects that help link different regions of the country and those with good return of investment.
WB economist assesses FDI in Vietnam WB economist assesses FDI in Vietnam
Soon after the National Assembly passed the Law on Foreign Investment in Vietnam in 1987, the country started witnessing Foreign Direct Investment inflows which have made considerable contributions to the national economy. To mark the 30th year of Vietnam’s FDI attraction, Vietnam News Agency talked to Sebastian Eckardt, lead economist at the World Bank Vietnam.
Tax rates for petrol oil to rise from next year Tax rates for petrol, oil to rise from next year
Environmental protection tax rates for petrol and oil will increase from the beginning of 2019, according to a resolution on environmental protection tariff adopted at the 27th meeting of the National Assembly (NA) Standing Committee that concluded on September 20 after nine working days.
Government makes strides in reducing business conditions Government makes strides in reducing business conditions
The first half of 2018 saw great efforts of the Vietnamese Government in realizing its commitments to building market economy institutions in the country, especially removing legal hurdles for businesses. There have emerged some positive, significant “institutional reform” trends which are highlighted below.
Government poised to cut costs for businesses Government poised to cut costs for businesses
Vietnam would cut or simplify at least half of business conditions and lessen requirements in the areas of investment, land, construction, tax payment and social insurance so as to reach a mark equaling the average level of ASEAN-4 countries in the World Bank’s Doing Business survey by 2020.

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