Illustrative image (Source: http://baoquangninh.com.vn)QuangNinh (VNA) – Doing business in Quang Ninh has become easier inrecent years, thanks to local authorities’ efforts to simplify administrativeprocedures.
Thenorthern coastal province has an automatic customs monitoring system and hasdigitised many administrative procedures.
Ithas simplified procedures related to business registration and construction licensing,reducing time and money for enterprises.
Theseefforts have helped reduce time of customs clearance for imported goods to only24 hours instead of 39 hours as previously.
Meanwhile,the time for individuals and organisarions to complete procedures to start businessis six days, a cut of three quarters of the time compared with regulations in GovernmentResolution 19. Meanwhile, the time for granting construction permits is no morethan 52 days, 68 days less than regulations in Government Resolution 19.
Thanks to the locality’s efforts to cut time spent processing administrative procedures,the locality’s investment environment has improved remarkably.
In2018, Quang Ninh granted and adjusted investment licences for 50 projects withtotal registered capital of more than 23.6 trillion VND (over 1 billion USD).
As many as 67.6 trillion VND was poured into the province in the year,including key infrastructure projects suchas Ha Long - Hai Phong and Ha Long - Van Don expressways, Van Don InternationalAirport, Hon Gai international port and FLCHa Long Bay Golf Club and luxury Resort, greatly contributing to the province’s development.-VNA
VNA
