Business

MoIT continues to streamline business procedures

Minister of Industry and Trade Tran Tuan Anh has signed Decision No.1408/QD-BCT approving plans to streamline 54 administrative procedures and conditional business lines this year.
MoIT continues to streamline business procedures ảnh 1The Ministry of Industry and Trade reduces the time for obtaining the necessary documents to export rice from 15 working days to 10. (Photo: VNA)

Hanoi (VNA) – Minister of Industry and Trade Tran Tuan Anh has signedDecision No.1408/QD-BCT approving plans to streamline 54 administrativeprocedures and conditional business lines this year.

This is the first administrative procedure simplification in 2018 and the thirdof its kind in the industry and trade sector.

Of the total procedures, 41 will be trimmed while another 12 administrativeprocedures will be on the chopping block, covering ten fields, includingenergy, electricity, competitiveness management, trade promotion, food safetyand import-export.

The ministry will simplify and cut eight administrative procedures in foodsafety. Relating to Decree 109 on rice export, which has been a topic of debatein past years, the ministry reduced the time for obtaining the necessarydocuments to export rice from 15 working days to 10, and .

Regarding import-export activities, the ministry will remove the requirement toobtain a licence for tobacco imports for duty free trading. The licence hasbeen applied since 1998.

The ministry also reduces the time for granting certificates of free sale (CFS)for imported and exported goods.

Also, the ministry reviewed and agreed to remove nine administrative proceduresrelating trade promotion activities.

In the past two years, the Ministry of Industry and Trade has made a bigshakeup in line with the Party and State’s spirit of tectonic movements andrenovation to create favourable conditions for citizens and businesses todevelop the economy.

The ministry’s first administrative restructuring was implemented in December2016, during which 123 administrative procedures out of the total 443 weresimplified or annulled.

Last year, the ministry continued to cut and simplify 183 administrativeprocedures out of the total 451 at that time. The procedures under itsmanagement had increased from 443 in 2016 to 451 in 2017 as some sectors underother ministries’ management were transferred to the ministry.

The ministry has been praised for cutting 402 categories out of 702import-export products, which were under special check-ups.-VNA

VNA
# Minister of Industry and Trade Tran Tuan Anh#Decision No.1408/QD-BCT#streamline 54 administrative procedures#conditional business lines#Decree 109 on rice export#certificates of free sale#Vietnam News Agency#Vietnamplus
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