The government requests to review business conditions under the market principles of the Organization for Economic Co-operation and Development (OECD), proposing the abolition of restrictive competition conditions.
This is also the latest direction of the Government and Prime Minster (PM) regarding business conditions. The OECD consists of developed countries in the world such as USA, Canada and Western European countries. According to experts, the OECD has set the standards for the quality of legal documents.
This task has been assigned to the Ministry of Planning and Investment (MPI) at the resolution of the Government's July regular meeting, which has been released. The MPI must report to the Government by December 2014 on the above contents.
Many business conditions are deemed unreasonable, unnecessary, hindering enterprises. The PM requests the Ministries to review, synthesize and submit report to the PM by August 25, then to propose specific solutions to facilitate the enterprises’ production and business.
Earlier, in late July, the PM requested the Vietnam Chamber of Commerce and Industry and the Central Institute for Economic Management to submit their latest report on reviewing the business conditions to the MPI and Ministry of Justice.
According to VCCI, out of 243 conditional business lines, there is currently a total of 5,719 business conditions (often referred to as sub-license). Among them, the Ministry of Industry and Trade has 27 conditional business lines with 1,220 business conditions. The Ministry of Construction has at least 17 conditional business lines with 106 business conditions.
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