MoT to remove 67% business conditions
The Transport Minister Nguyen Van The has signed Decision No.767 to remove and simplify 384 out of 570, or 67.36% business conditions under the Ministry of Transport (MoT)`s administration.
Under the decision, the airline industry is top of the list for business conditions removal, with up to 74.36%, followed by railways with 73.08%.
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The Transport Minister's decision also stated related agencies subject to removing and simplifying business conditions to modify the regulations to submit to the government for approval before October 30.
"The process of modifying laws and regulations should take into account enterprises' suggestions; so that the removal and simplification do not incur additional business conditions, causing difficulties for enterprises," The urged in the Decision.
The Decision requested the Legal Department to monitor and supervise the implementation of this Decision, and timely report to the Minister of difficulties arising during the process.
At present, the MoT has 28 conditional business lines stipulated in five laws, (Civil Aviation Law, Law on Rad Traffic, Vietnam Maritime Code, Law on Inland Waterway Navigation, and Law on Railway Transport), which are regulated in details at 20 government decrees in form of 570 business conditions.
Following the Resolution No.01 of the government on implementing the economic-socio development in 2018, in which ministries are tasked with removing and simplifying 50% of their respective business conditions, the MoT had instructed related agencies to review and remove obsolete business conditions.
The effort is in line with removing conditions incompatible with regulations at Article 7 of the Investment Law, causing difficulties for enterprises during the process of market entry, such as conditions on scale and the requirement for capital, or conditions interfering to enterprises' internal operations.
The Ministry of Finance previously has removed 50% out of 370 business conditions under the ministry's administration. For the time being, the ministry will continue reviewing and evaluating business and investment conditions under 21 fields and sectors subject to the MoF's administration.
Last September, the Ministry of Industry & Trade announced a similar move in removing 675 business conditions under its state management responsibility. After reduction, the remaining business conditions are 541, instead of 752. This is the first time in history of the industry & trade sector, that there are such a high number of business conditions to be removed.
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