Gov't issues new resolution on improving national competitiveness

Government issues new resolution on improving national competitiveness

The Government on January 1 issued a resolution setting targets for improving the business environment and national competitiveness for 2019 through to 2021.
Government issues new resolution on improving national competitiveness ảnh 1Clients at the State Treasury in Nam Tu Liem district, Hanoi (Photo: VNA)
Hanoi (VNA) -The Government on January 1 issued a resolution setting targets for improving thebusiness environment and national competitiveness for 2019 through to 2021.

Theresolution, No 02/NQ-CP, replaced Resolution 19 which has been implemented forfive years. The renumbering of the resolution demonstrated the Government’spriority in fostering the quality of Vietnam’s business environment.

Theobjective of the resolution is to improve Vietnam’s positions in internationalrankings on business environment tracked by the World Bank (WB), World EconomicForum (WEF), World Intellectual Property Organisations (WIPO) and UnitedNations (UN). This has great importance given the rapid development of theIndustry 4.0.

Vietnamhas set targets to improve its rankings by up to seven positions in the WB’sDoing Business Index in 2019 and 15-20 places by 2021; 3-5 positions in the WEF’sGlobal Competitiveness in 2019 and 5-10 places by 2021; and 2-3 spots in theWIPO’s Global Innovation in 2019 and 5-7 places by 2021.

Thecountry’s rankings in the WB’s Logistics Performance, WEF’s TourismCompetitiveness and UN’s E-Government Index would be increased by 5-10 placesthis year and 10-15 grades by 2020.

Inaddition, Vietnam is targeting to be among ASEAN 4 with the bestbusiness environment by 2021.

Toensure the success, the Government requests a stronger commitment andresponsibility of assigned ministries in supervising the implementation ofsolutions to improve the overall rankings and component indices tracked byinternational organisations.

Fiveministries are assigned for this task including Ministry of Planning andInvestment (MPI), Ministry of Science and Technology, Ministry of Industry andTrade, Ministry of Culture, Sports and Tourism and Ministry of Information andCommunications.

Improvingthe business environment will focus on four key priorities, including simplifyingprocedures; continuing reforms in specialised inspections and connecting theNational Single Window Portal; promoting electronic payment andproviding e-public services at level four (highest level); and developinginnovation ecosystems and supporting startups.

Regardingthe first task on simplifying procedures for doing business, the Government hasrequested ministries and ministerial-level agencies to continue reviewing andsubmitting to the Government the plans for abolishing and simplifying unclearand unnecessary business conditions before 2019’s third quarter.

Theministries also need to speed up the drafting of the relevant laws underrevision and submit it to the Government for submission to the NationalAssembly; thoroughly implement the approved plan for removing businessobstacles; and fully publicise the business conditions that has been eliminatedand simplified in 2018.

Forreforms in specialised inspections, the State agencies have to follow theprinciples of risk management based on evaluation and analysis of corporatecompliance and volumes of goods, shifting to post-inspection, mainly at thestage of goods circulation in the domestic market; increasing transparency inthe list of goods subject to specialised inspection with clear HS codes; andapplying online service at the highest level.

Inthe first quarter, the ministries must fully announce on their websites thelist of goods which are no longer under specialist inspection (along with HScode). Before June, the authorities must complete the review and reduce 50 percentof the goods subject to specialised inspection and publicise this list.

Thisyear, specialised inspection procedures should be carried out by one singlefocal point for a product or goods.

Inthe resolution, the Government also emphasised the task of promoting electronicpayment and providing online public services following which at least 30 percentof public services should be done online at the highest level and allow peopleand businesses to make cashless payments.

Stateagencies must develop innovative ecosystems, encourage and support creativestartups. This policy will put enterprises at the centre, strengthen the roleof universities in research and development, and promote the establishment ofprivate research institutes, especially in the field of science and technology.

Leadersof the provinces have to monitor and direct provincial departments to properlyimplement this policy and handle the staff and agencies who fail to comply withthe new regulations.

TheMinistry of Planning and Investment and Ministry of Finance preside and assessthe performance and actual impact of the reforms on the sectors and enterprisesin 2018 and report to the Prime Minister and Government in June this year.-VNA
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.