Hanoi should focus on improving its infrastructure system while hastening administrative reforms to attract investors eyeing Vietnam amid the global production shift, experts have said.
Reforming administrative procedures and improving infrastructure quality are decisive factors in capitalising on the EU-Vietnam Free Trade Agreement (EVFTA), heard a dialogue between officials of Ho Chi Minh City and the European Chamber of Commerce in Vietnam (EuroCham) on July 28.
VOV.VN - Vietnam has a golden chance of taking full advantage of the benefits from the European Union – Vietnam Free Trade Agreement (EVFTA) and attracting foreign direct investment (FDI) from EU firms who are seeking to invest in open, competitive, and business-friendly markets.
VOV.VN - Chairman of the Government Office and Chairman of the Advisory Council for the Administrative Procedure Reform Mai Tien Dung and Chairman of the European Chamber of Commerce in Vietnam (EuroCham) Nicolas Audier co-hosted a dialogue with the European business community in Hanoi on June 30.
VOV.VN - 2020 would be a year of new breakthroughs in economic institutional and administrative reforms, insiders have believed.
A recent survey conducted by the Vietnam Chamber of Commerce and Industry (VCCI) on tax procedure reform and business satisfaction showed that tax inspections were down a slight 0.58 points compared with the 2016 figure.
Deputy Prime Minister Vuong Dinh Hue on August 1 asked ministries to speed up the connection of administrative procedures under their management to the national single window (NSW) as the work remains slow.
The central city of Da Nang ranked fourth amongst the 63 cities and provinces nationwide in the national public administration reform ranking, scoring 83.7 points, the municipal People’s Committee announced on July 31.
Hanoi maintained its second place nationwide in the 2018 Public Administration Reform (PAR) index with a combined score of 83.98 percent, according to the PAR Index 2018 report.
The Hanoi State Treasury must collect VND1.3 trillion (around US$55.5 million) per day for the budge to fulfill the target set for the whole year, said its director Dao Thai Phuc at a recent meeting.
Only 15% of business and investment conditions have been cut or simplified since the start of the year despite the fact that a deadline set by Prime Minister Nguyen Xuan Phuc is approaching.
The Hanoi Department of Transport will provide a level-four online service for issuing international driving licences from the first quarter of 2018 as part of the city’s administrative reforms to save time and money for citizens.
VOV.VN - Developing public administrative centers is part of Vietnam’s administrative reforms. Modern and friendly centers of this kind in Quang Ninh have created breakthroughs in streamlining administrative procedures.
VOV.VN - National Assembly deputies on October 30 discussed ways to streamline and improve the performance of the state apparatus.
Vice Chairman of the Ho Chi Minh City People’s Committee Le Van Khoa asked relevant departments to improve management and take measures to tackle factors that could create the conditions for a property market bubble.
The Government Inspectorate of Vietnam reported that the inspection sector discovered economic irregularities involving more than VND59.4 trillion and 4,000ha of land in 2016.
Most departments, agencies and grassroots organisations in the central city of Danang have applied the ‘one-stop shop’ software system to manage procedures, with 97% of daily in and out documents using the software.
The Central Highlands province of Lam Dong is seeking investments for 53 projects worth US$2.8 billion in transport, industrial zones, bio-technology, and hi-tech farming, in addition to food processing and tourism.
Vietnam’s Social Insurance Agency (VSIA) will pay heed to engaging more social insurance participants and making administrative reforms in the last six months of the year, as heard a conference held in Ho Chi Minh City on June 24.
VOV.VN - Increasing promotion activities and improving the business environment to attract capital investment, especially FDI, are top priorities for Hanoi’s economy.