Ending regulatory abuse will give more space for innovation: expert

Ending regulatory abuse will give more space for innovation: expert

Vietnam needs to overcome regulatory abuse as the more laws we have, the greater the compliance costs and the narrower the space for innovation and creativity, writes Dr. Nguyen Si Dung, former vice chairman of the National Assembly Office and a senior expert in political science.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam PM vows to cut bureaucracy as GDP growth falls short of target

Vietnam PM vows to cut bureaucracy as GDP growth falls short of target

The Vietnamese government plans to streamline outdated regulations and cumbersome administrative procedures to support businesses and boost economic growth, Prime Minister Pham Minh Chinh said, as the country faces the reality of not hitting its growth target for this year.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

WB advises streamlining procedures to boost Vietnam growth

WB advises streamlining procedures to boost Vietnam growth

Streamlining administrative procedures and removing regulatory hurdles could help promote activities and investments for economic growth, the World Bank said in its June edition of Vietnam Macro Monitoring.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Quang Ninh named most competitive province for sixth straight year

Quang Ninh named most competitive province for sixth straight year

Northern Vietnam's Quang Ninh province topped the annual Provincial Competitiveness Index (PCI) in 2022 for the sixth consecutive year with a score of 72.95 out of 100.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC pledges to speed up business licensing

HCMC pledges to speed up business licensing

Ho Chi Minh City has pledged to speed up the issuance of business licenses in cases where ministerial authorities have delayed the process, said mayor Phan Van Mai.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Binh Dinh province offers top tax incentives to attract investors

Binh Dinh province offers top tax incentives to attract investors

The central coastal province of Binh Dinh is offering top tax incentives, developing infrastructure, and reducing administrative procedures to lure investors.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Red tape remains big investor concern

Red tape remains big investor concern

I am glad that we have achieved significant success in reducing administrative procedures in many ministries and agencies, particularly at the Ministry of Finance, in recent years. It was highly valued by both domestic and international businesses.

Opinion - Mon, Dec 22, 2021 | 11:30 am GMT+7