The workshop was jointly held by the VietnameseGovernment’s Office and the British Embassy in Vietnam.
The experts also talked about how to ease the administrativeburden and made recommendations for Vietnam in this regard.
Rachel Holloway, a reform specialist from the British Departmentfor Business, Energy & Industrial Strategy, stressed the need to maximiseinterests and minimise costs from the implementation of such regulations aswell as barriers to market access.
This is a long process, not a sprint, so it needs to establishclear accountability mechanisms and set priorities, she said.
According to Ngo Hai Phan, Director of theAdministrative Procedures Control Agency at the Government’s Office, said theOffice has proposed the Government issue Resolution No. 68/NQ-CP on a programmereducing and simplifying regulations relating to business activities for the 2020-2025period.
The programme is intended to fine-tune at least 20percent of the regulations, and cut at least 20 percent of relevant costs, he said,adding that the Government has approved the contents regarding businessactivities under the management of the ministries of health, construction,transport, and information and communications, and the State Bank of Vietnam,with a total of 666 business conditions cut or simplified.
British Ambassador to Vietnam Gareth Ward lauded theVietnamese Government’s Office for its strong commitment to improve the businessenvironment, attract foreign investments, and boost exports, innovationand growth.
There would be more British projects in Vietnam thanksto the enforcement of the Vietnam-UK Free Trade Agreement and a better business environment, hesaid.
The ambassador said Resolution 68 is a major reformprogramme of Vietnam, which helps to improve the local business environmentwith ambitious goals, and even would help the country save billions of USdollars./.