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Official Gazette

Tuesday, July 14, 2020

Prime Minister asks for greater efforts to support enterprises

Updated: 16:56’ - 01/06/2017
The Prime Minister has recently issued a directive to continue effectively implementing Resolution 35/NQ-CP dated May 16, 2016, on supporting and developing enterprises through 2020.

In Directive 26/CT-TTg, the Prime Minister admits that despite some positive results, the implementation of Resolution 35 is still below expectations: many policies and mechanisms currently in application remain inappropriate, some solutions implemented are not practical enough, there exists a gap between policies and policy implementation regarding administrative procedures for import and export, taxation, customs, sub-licensing, access to land, capital and natural resources, and the coordination among ministries, sectors and localities in guiding enterprises remains ineffective.

To address these problems, the Prime Minister requests the Ministry of Planning and Investment to create an inter-agency connection between investment procedures and procedures for land, construction, bidding and environmental protection; and organize training courses to help enterprises build their governance capacity and improve their financial transparency.

The Ministry of Finance is tasked to revise the regulations on tax and customs administration toward improving the interconnection between relevant ministries and agencies in order to reduce the implementation time and cost for enterprises. In the third quarter of 2017, the ministry will have to submit to the National Assembly a draft law revising a number of the laws on taxes.

The Government leader also assigns the Ministry of Natural Resources and Environment to revise regulations on land recovery, ground clearance, land allocation, land lease, land use purpose change, land valuation method and improvement of access to land by SMEs.

The Ministry of Justice will revise regulations on registration of secured transactions with a view to creating favorable conditions for enterprises and individuals to make mortgages for loans at commercial banks.

The Ministry of Science and Technology will provide support to enterprises for renewing technologies and applying scientific and technological advances under national programs on science and technology.

The Vietnam Chamber of Commerce and Industry will gather recommendations and inquiries of enterprises before reporting them on a monthly and quarterly basis to the Prime Minister and the Government.- (VLLF)

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