According to the report, cconsidering 2017 is the year of cutting costs for enterprises, the Prime Minister’s working team examined specialized management ministries to reduce administrative procedures and costs that still caused troublesome for firms.
Right after the examination, the remaining impediments and limitations were changed positively.
Taking the Ministry of Industry and Trade (MoIT) as an example, it last month decided to remove 675 out of 1,216 business and investment conditions under its management during 2017-18.
The cut that was the highest-ever record in the MoIT’s history has been announced after a two-week review of business conditions in fields and sectors managed by MoIT, accounting for 55.5 percent of the total current business conditions.

The Ministry of Industry and Trade has pioneered efforts to simplify investment and business conditions to facilitate business development.

According to MoIT Minister Tran Tuan Anh, the streamlining of business conditions will be the core of the ministry’s administrative reform process in the coming time, aiming to improve the legal system as well as investment and business environment.
After scrutinizing 27 fields and sectors under its management (excluding car manufacture and import), the MoIT has decided to ease conditions for doing business and making investment in 17 fields and sectors, including petrol and oil; gas; explosive precursors; liquor; cigarette; food; electricity; temporary import for re-export of frozen food; commercial franchise; logistics; industrial precursors; goods exchanges; commercial assessment; multi-level marketing; e-commerce; and industrial explosives (including also disposal activities).
Meanwhile, investment and business conditions will be kept unchanged for the remaining 10 fields and sectors, namely activities involving the use of industrial explosives or explosive precursors; rice export; temporary import for re-export of excise tax-liable goods; temporary import for re-export of goods on the list of used goods banned or suspended from import or export; mineral trading; goods sale and purchase of FDI enterprises; oil and gas activities; energy auditing and technical inspection of machinery and equipment subject to strict requirements on occupational safety; and production of military uniforms for foreign armed forces.
In a recent meeting with MoIT, Minister Mai Tien Dung, Head of the Government Office, on behalf of Prime Minister, praised the ministry’s strong determination to abrogate unnecessary investment and business procedures.
Dung said that the MoIT should continue checking the list of goods to prevent overlapping management. As guided by the prime minister, each type of goods should be managed by only one specific ministry and sector. The time required for warehousing goods for customs clearance should also be reduced. Mutual recognition of inspection results should be increased among countries that have signed free trade agreements, especially among G7 countries.
At the same time, he said, the MoIT should promote specialized inspections of imported food products and propose a common principle for amending legal documents.
Besides the MoIT, the Ministry of Health has also started implementing risk management, moving from pre-check to post-check, the Government said.