Vietnam aims for improved business environment, more new firms
Vietnam plans to strongly improve its business environment and rapidly increase the number of newly-established firms, according to a draft resolution on tasks and solutions to improve the business environment and national competitiveness in 2022 delivered by Deputy Prime Minister Le Minh Khai at the Government’s online meeting with localities on January 5.
Hanoi (VNA) – Vietnam plans to strongly improve its business environment and rapidly increase the number of newly-established firms, according to a draft resolution on tasks and solutions to improve the business environment and national competitiveness in 2022 delivered by Deputy Prime Minister Le Minh Khai at the Government’s online meeting with localities on January 5.
The resolution aims to increase Vietnam's position on international rankings regarding business environment and competitiveness to catch up with the development of the Fourth Industrial Revolution and enhance the country’s resilience amid COVID-19.
Its objectives also include removing difficulties and obstacles brought by COVID-19, and giving timely support to people and enterprises in recovery process.
The resolution sketchs out goals for eight indicators to 2025, three more than those stated in similar resolutions in previous years, focusing on sustainable development, asset rights and cyber security. Specific targets for 2022 were also delivered.
According to Deputy PM Khai, in order to realise the resolution, the Government will assign more responsibilities to ministries in improving the indicators, while working with international organisations to provide information serving the evaluating and ranking activities.
The Government will request ministries and agencies to strengthen business environment improvement towards reducing administrative procedures, time and cost for businesses, removing overlaps in legal regulations, and speeding up management reform in all fields.
Along with directing the implementation of measures to strengthen digital transformation in line with administrative reform, the Government will improve the efficiency of online public services and speed up the expansion of cashless payment and e-commerce, while applying information technology to make administrative procedures more transparent, mobilising the engagement of businesses and people in the building of government, and encouraging the sharing of data for State management and socio-economic development.
Khai asked ministers and heads of ministry-level and State agencies as well as leaders of localities to define the improvement of business environment as a priority, and bear responsibility before the Government and the PM on the implementation results.
They were also requested to monitor the progress of programmes, plans and resolutions in the field, while strengthening communications on the work/.
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Vietnam’s business environment has become safer and fairer for all economic sectors, with improved public administrative service delivery and declining informal fees, Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc told a workshop in Hanoi on April 20.
Ministries, sectors and localities have scrapped specific planning schemes on goods, products and services to simplify business conditions and create a fair investment environment.
A programme on economic recovery and development is scheduled to be submitted to the National Assembly's extraordinary session in late 2021, heard the Government’s regular press conference on December 2.
The Government’s online conference with localities convened on January 5, reviewing performance last year and discussing the implementation of the Party Central Committee’s conclusion and the National Assembly’s resolution on socio-economic development tasks in 2022.
Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
Giang said he believes that building on the solid foundation nurtured over the past half-century and the strong determination of both nations, the Comprehensive Strategic Partnership will continue to grow in a more robust, comprehensive, and extensive manner, thus bringing more practical benefits to the two nations' people.
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According to the Ministry of Public Security, Hoan, formerly Deputy Minister of Labour, Invalids and Social Affairs, is under investigation for allegedly taking bribes in connection with a case involving the Hoang Long Construction and Manpower Supply JSC and related units.
Chairing a national conference on the organisation of the examination on June 18, the PM highlighted the historical significance of the examination, as the restructuring of provincial-level administrative units is underway and the two-tier local administration model is set to officially begin operations on July 1.
Right on the same day, the ministry issued its highest-level travel warning, urging Vietnamese citizens not to travel to Israel or Iran, and advised those already in these countries to swiftly consider evacuation or relocation plans.
From the struggles against colonialists and imperialists to the period of Doi moi (renewal) and international integration, the Vietnamese revolutionary press has always played a pioneering role on the ideological and cultural front, he said.
The Party leader's working session with the standing boards of the Party Committees of HCM City, Ba Ria – Vung Tau and Binh Duong, the VNA General Director's remarks on the occasion of the 19th OANA General Assembly, the launch of new NIC - Google initiatives aimed at bolstering AI entrepreneurship and digital literacy in Vietnam are among news highlights June 18.
Vietnam and Indonesia reaffirmed their commitment to strengthening cooperation in combating terrorism as it remains a threat to peace, security, and stability across their respective nations, the broader region, and the international community.
The Vietnamese representative also emphasised the shared responsibility of relevant parties to build trust, enhance cooperation, and jointly manage the risks of conflict, thus safeguarding long-term peace and stability in the East Sea.
The National Assembly on June 18 passed the law amending and supplementing a number of articles of the Law on Product and Goods Quality, with 408 out of 420 participating deputies voting in favour, accounting for 85.36% of the total.
The Party leader asked the new HCM City to embrace a multi-centre and integrated urban ecosystem where each development pole functions as a link complementary to and intelligently connected with each other in a harmonious whole.
The resolutions issued by the PM as well as ministries and ministry-level agencies reassign responsibility for 346 administrative procedures - 18 from district to provincial levels, 278 to commune level, and 50 eliminated.
Legislators are due to pass several amended laws, including the Law amending and supplementing several articles of the Law on Economical and Efficient Use of Energy, and the Law amending and supplementing several articles of the Law on Product and Goods Quality.
Vietnamese localities' readiness to implement the two-tier local administration model, the evacuation of 18 Vietnamese citizens from Iran, Petrovietnam's 11th ranking in the 2025 Fortune Southeast Asia 500 are among news highlights on June 17 evening.
The General Secretary underlined the resolve to achieve a growth rate of at least 8% in 2025, laying the groundwork for double-digit growth in the following period. He noted that these are mandatory targets, with no alternative path to success.
Restructuring and improving the quality of officials, civil servants, and public employees is no longer a choice, but an urgent requirement to transition from administrative management to governance in service of the people.
The Vietnamese Embassy in Israel has advised Vietnamese people living there to proactively prepare and seek ways to leave the country via land border crossings, especially toward Jordan or Egypt, when security and safety conditions allow.
National leaders chair the meeting (Photo: VNA) 
