Deputy PM emphasises joint efforts to improve the national business climate
Speaking at a conference to launch of the Government’s Resolution No.19 in 2017 in Hanoi on March 10, Deputy Prime Minister (PM) Vu Duc Dam highlighted the role of the Government in guiding the implementation, and called on the business community to have confidence to improve the national business climate.
The Deputy PM asked for a concerted effort and responsibility of all Vietnamese enterprises to further improve the national business climate and competitiveness in line with the spirit of the Government’s Resolution No.19.
This is the fourth time in the four consecutive years the Government has issued a Resolution on tasks to improve the business climate and national competitiveness, showing the country’s strategic breakthrough effort in institution reform, with the focus on administrative procedures.
This work has contributed to Vietnam’s improved business environment ranking done by the World Bank (WB) in 2016, now standing at 82nd from the 91st – the highest improvement level since 2008.
The Vietnamese Government required ministers and leaders of ministry-level agencies, government units, centrally-run municipal and provincial People’s Committees to devise action plans before February 28 to execute the resolution.
Municipal and provincial authorities were asked to launch one-stop shop models to simplify and reduce time for administrative procedures involving taxes and fees.
Vietnam is aiming to reach the level of ASEAN 4 countries (Singapore, Malaysia, Thailand and the Philippines) later this year in terms of business environment; become one of the top 70 and 80 countries in terms of start-ups and protection of minority investors, respectively; and among the top 30 countries listed by the World Bank in transparency and access to credit.
By 2020, Vietnam aims to be listed among the top 40 countries ranked by the World Economic Forum in access to loans, achieving the average level of ASEAN 4 countries in competitiveness and that of ASEAN 5 (Malaysia, Vietnam, Indonesia, Thailand and the Philippines) in terms of the Global Innovation Index released by the World Intellectual Property Organisation.
In the field of e-government, comprehensive reform will be delpoyed in telecommunications infrastructure, human capital and online service indexes, so that the country will be ranked among the top 80 countries in the UN e-government ranking.
By the end of this year, most public services involving citizens and businesses will be launched at Level 3 and Level 4 which allows online payments and applications.
Deputy PM Vu Duc Dam highlights the role of the Government in guiding the implementation of the Government’s Resolution No.19.
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This work has contributed to Vietnam’s improved business environment ranking done by the World Bank (WB) in 2016, now standing at 82nd from the 91st – the highest improvement level since 2008.
The Vietnamese Government required ministers and leaders of ministry-level agencies, government units, centrally-run municipal and provincial People’s Committees to devise action plans before February 28 to execute the resolution.
Photo for illustration
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Municipal and provincial authorities were asked to launch one-stop shop models to simplify and reduce time for administrative procedures involving taxes and fees.
Vietnam is aiming to reach the level of ASEAN 4 countries (Singapore, Malaysia, Thailand and the Philippines) later this year in terms of business environment; become one of the top 70 and 80 countries in terms of start-ups and protection of minority investors, respectively; and among the top 30 countries listed by the World Bank in transparency and access to credit.
By 2020, Vietnam aims to be listed among the top 40 countries ranked by the World Economic Forum in access to loans, achieving the average level of ASEAN 4 countries in competitiveness and that of ASEAN 5 (Malaysia, Vietnam, Indonesia, Thailand and the Philippines) in terms of the Global Innovation Index released by the World Intellectual Property Organisation.
In the field of e-government, comprehensive reform will be delpoyed in telecommunications infrastructure, human capital and online service indexes, so that the country will be ranked among the top 80 countries in the UN e-government ranking.
By the end of this year, most public services involving citizens and businesses will be launched at Level 3 and Level 4 which allows online payments and applications.
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