Business establishment procedures to be accelerated

Prime Minister Nguyen Tan Dung has given instructions to speed up the reform of administrative procedures for individuals and business operations.
Prime Minister Nguyen Tan Dung has given instructions to speed up thereform of administrative procedures for individuals and businessoperations.

He made this request during a working session on theadministrative procedure reform with officials from the Ministry ofPlanning and Investment in Hanoi on September 9, with a particularfocus on processes relating to the establishment and dissolution ofbusinesses, and the implementation of investments.

The PMstated it was the Government’s key task to improve the institutionalframework and push the administrative reform, adding that ministries andlocalities needed to continue to review the measures they implementedto attract investments and increase competitiveness.

According to the leader, improvements to the business environment and anincrease in national competitiveness contributed substantially toVietnam ’s rapid and sustainable development, as well asindustrialisation and modernisation.

A one-stop-shop approachto administrative procedures has shortened processing timesignificantly, Dung said, calling for an acceleration of implementationefforts.

PM Dung proposed ministries and sectors put forthspecific measures to perfect the legal framework for investments andbusinesses, with a particular focus on reforming administrativeprocedures; removing barriers to investment; reforming market accessprocedures; implementing investment projects; and facilitating businessoperations in all areas of the economy.

The ministryreported it had been working with the Ministry of Finance and theMinistry of Public Security since 2007 to implement the one-stop-shopapproach to business registration, tax registration and other proceduresrelating to the establishment of new businesses.

In 2010, thenational business registration system was established, aiming tofundamentally reform the business landscape of Vietnam.-VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.