Representatives from ministries, business associations and expertsgathered at a conference in Hanoi on June 18 to review theimplementation of a Government resolution on improving the businessenvironment and national competitiveness, also known as Resolution 19.
Director of the Central Institute for EconomicManagement (CIEM) Nguyen Dinh Cung said the event aims to evaluate theprogress of the resolution and collect recommendations on addressingobstacles during implementation to be submitted to the Prime Minister.
Representatives from the CIEM Department for BusinessEnvironment and Competitiveness held that remarkable improvements havebeen seen in business start-up procedures since last year.
The Law on Enterprise 2014 allowed firms to finish their businessregistrations in three days instead of six, as set by the Resolution,while the investor protection index was raised by 105 spaces, reachingthe average level of ASEAN countries, they noted.
Meanwhile, Vietnam remained slower than other ASEAN countries in termsof power access despite a 12-space rise last year, while a similarsituation is occurring in tax and social insurance payments despite a27-space improvement.
A stagnant point in theimplementation of the resolution is the duration of resolving bankruptcyand business dispute procedures, they added.
Asscheduled, ministries and localities should have issued a plan of actionto realise the resolution by the end of April this year. However, theMinistry of Planning and Investment reported that so far, it hasreceived plans from only 11 ministries and 11 localities. The other 14ministries and 52 localities have failed to finish their plans on time,including Ho Chi Minh City .
Furthermore, the submitted plans have not clarified specific measures and targets.
During the conference, participants also proposed that relevantministries promptly review regulations on import and export goods toreduce time and costs for businesses during customs clearance process.
They also asked for guidelines in meeting technical standards from a number of strict markets./.
