Tuesday, October 15 2019

VietNamNews

New resolution for a better business environment

Update: January, 02/2019 - 09:00
Clients at the State Treasury in Nam Từ Liêm District, Hà Nội. State agencies will increase the provision of online public services at the highest level this year. — VNA/VNS Photo Hoàng Hùng
Viet Nam News

HÀ NỘI – The Government on Tuesday a resolution setting targets for improving business environment and national competitiveness for 2019 through to 2021.

This resolution, No 02/NQ-CP, replaced Resolution 19 which has been implemented for five years. The renumbering of the resolution demonstrated the Government’s priority in fostering the quality of Việt Nam’s business environment.

The objective of the resolution is to improve Việt Nam’s positions in international rankings on business environment tracked by the World Bank (WB), World Economic Forum (WEF), World Intellectual Property Organisations (WIPO) and United Nations (UN). This has great importance given the rapid development of the Industry 4.0.

Việt Nam has set targets to improve its rankings by up to seven positions in the WB’s Doing Business Index in 2019 and 15-20 places by 2021; three to five positions in WEF’s Global Competitiveness in 2019 and five-10 places by 2021; and two to three spots in WIPO’s Global Innovation in 2019 and five to seven places by 2021.

The country’s rankings in WB’s Logistics Performance, WEF’s Tourism Competitiveness and UN’s E-Government Index would be increased by five-10 places this year and 10-15 grades by 2020.

In addition, Việt Nam is targeting to be among ASEAN 4 with the best business environment by 2021.

To ensure the success, the Government requests a stronger commitment and responsibility of assigned ministries in supervising the implementation of solutions to improve the overall rankings and component indices tracked by international organisations.

Five ministries are assigned for this task including Ministry of Planning and Investment (MPI), Ministry of Science and Technology, Ministry of Industry and Trade, Ministry of Culture, Sports and Tourism and Ministry of Information and Communications.

Four priorities

Improving business environment will focus on four key priorities, including simplifying procedures; continuing reforms in specialised inspections and connecting the National Single Window Portal; promoting electronic payment and providing e-public services at level four (highest level); and developing innovation ecosystems and supporting startups.

Regarding the first task on simplifying procedures for doing business, the Government has requested ministries and ministerial-level agencies to continue reviewing and submitting to the Government the plans for abolishing and simplifying unclear and unnecessary business conditions before 2019’s third quarter.

The ministries also need to speed up the drafting of the relevant laws under revision and submit it to the Government for submission to the National Assembly; thoroughly implement the approved plan for removing business obstacles; and fully publicise the business conditions that has been eliminated and simplified in 2018.

For reforms in specialised inspections, the State agencies have to follow the principles of risk management based on evaluation and analysis of corporate compliance and volumes of goods, shifting to post-inspection, mainly at the stage of goods circulation in the domestic market; increasing transparency in the list of goods subject to specialised inspection with clear HS codes; and applying online service at the highest level.

In the first quarter, the ministries must fully announce on their websites the list of goods which are no longer under specialist inspection (along with HS code). Before June, the authorities must complete the review and reduce 50 per cent of the goods subject to specialised inspection and publicise this list.

This year, specialised inspection procedures should be carried out by one single focal point for a product or goods.

In the resolution, the Government also emphasised the task of promoting electronic payment and providing online public services following which at least 30 per cent of public services should be done online at the highest level and allow people and businesses to make cashless payments.

State agencies must develop innovative ecosystems, encourage and support creative startups. This policy will put enterprises at the centre, strengthen the role of universities in research and development, and promote the establishment of private research institutes, especially in the field of science and technology.

Leaders of the provinces have to monitor and direct provincial departments to properly implement this policy and handle the staff and agencies who fail to comply with the new regulations.

The Ministry of Planning and Investment and Ministry of Finance preside and assess the performance and actual impact of the reforms on the sectors and enterprises in 2018 and report to the Prime Minister and Government in June this year. – VNS

 

Issuance of the resolution on the use of public assets to pay for Building-Transfer (BT) investors

The Government has issued Resolution 160/NQ-CP on the use of public assets to make payment for investors involving the Building-Transfer (BT) infrastructure development.

Specifically, BT construction contracts which were signed before January 1, 2018 but the payment have yet to be completed will continue following the law effective at the signing time, ensuring the compliance with the law on management and use of public assets.

For the contracts signed from January 1, 2018 which have the terms of use of public assets for payment, ministries and local departments are requested to review the contracts to ensure the compliance of the law on use of public assets in 2017 and other relevant laws on land, State budget. In case the content complies with the law, the payment will continue follow the provisions stipulated in the BT contract. If not, it must be negotiated and adjusted according to the above-mentioned regulations.

For the BT projects that have completed the selection of investors in accordance with the law before this resolution takes effect but contracts have yet to be signed, the competent authorities conduct negotiation and signing BT contracts to ensure the compliance with the law on management and use of public assets in 2017 and laws on land and the State budget.

The Government request ministries, its departments and local People’s Committees to review the signed BT contracts and have to adjust or cancel the contracts if they find violations and promptly recover any loss of State assets. – VNS

 

 

 

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