-
Vietnam needs to
quickly undertake public administration reform; government
agencies need to move towards transparency, simplicity and
speed, in order to ensure that the economy in general and
businesses in particular are able to react to constant changes
in the market.
Dr. Vu Tien Loc, Chairman and President,
Vietnam Chamber of Commerce and Industry
-
 The
Enterprise Law has removed 150 sub-licenses, but in fact, there
are still numerous cumbersome administrative procedures that
businesses still have to deal with. After registration, a
business still has to go through many procedures before it can
actually start operations, including applying for a company seal
at an approved place, registering for a tax code, applying for
and purchasing a red-invoice book, etc. It is worth mentioning
that businesses have to complete each procedure separately
before the next one can take place, hence the whole process
takes more than 50 days. There have been recent improvements,
such as the Ministry of Finance combining the tax code issuance
and invoice book purchase into one procedure, reducing the
startup period by 8-10 days. I think the Ministry could go one
step further and allow businesses to start the procedures of tax
code and invoice book purchase before completion of the seal
making process. Doing so would reduce the total start-up process
in Vietnam down to 25 days, as in Malaysia, Japan, and OECD
countries.
Mr. Vu Duy Thai, Deputy Director cum Secretary General,
Hanoi Industrial and Commercial Enterprise Association
-
Laws and
administrative procedures are meant to guide and facilitate
businesses activities. However, in Vietnam this is not always
the case. The common perception among government bodies is that
the existing laws are in place to control businesses rather than
to facilitate a better business environment. As a result,
Ministries often issue additional regulations and licenses to
make it more convenient for them to control businesses. We need
to change this perception, and procedures need to be more
business-friendly.
Dr. Nguyen Si Dzung, Vice Chairman, Office of the National
Assembly
>> More...
|
