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Official Gazette

Saturday, July 11, 2020

Government resolves to improve the 2017 business environment

Updated: 08:00’ - 16/02/2017
Tasks and solutions to improve the business environment and national competitiveness this year have been highlighted in the Government’s Resolution No. 19 issued on February 6.

The resolution targets to cut the time for completing tax and social insurance premium payment procedures to under 168 hours/year and the time limit for licensing construction and completing the relevant procedures, including the appraisal of preliminary and technical designs, to 120 days.

The Government has issued Resolution No. 19 to boost business climate__Photo: Internet

According to the resolution, by the end of 2017, most public services provided for citizens and businesses will be launched at level 3 or level 4 which facilitates online fee payment and dossier submission and notification of dossier processing results.

Regulations on certification of technical regulation conformity and quality management that are no longer compliant with current laws should be revised toward abrogating unnecessary administrative procedures, shortening the time for completing the administrative procedures for imports and exports, and increasing post-customs clearance inspection.

In addition, regulations on import of used machinery, equipment and technology lines will be revised with new criteria for permitting the import of such items based on their age (counted from the date of manufacture to the date of import) and fields they will be used. The age limit of 10 years will no longer be applicable.-(VLLF)

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