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Economic Sector

Last updated: Friday, May 26, 2017

 

Continued Maximum Support for Business Community

Posted: Monday, January 23, 2017


According to rankings of Public Administration Reform (PAR) Index, at a meeting reviewing administrative reform of the Government held on August 17, 2016, the Ministry of Finance continued to be the runner-up among 19 ministries and ministerial agencies in PAR Index.

This result demonstrated efforts and initiatives of the ministry’s units in carrying out consistent and comprehensive solutions from institutional reform, administrative procedure reform, organisational reform, personnel quality improvement and public finance reform to public administration modernisation. The ministry actively implemented Resolution 19-2016/NQ-CP and Resolution 35/NQ-CP of the Government. Tax and customs sectors fulfilled annual plans for administrative procedure simplification, including the abolition of 92 administrative procedures and definition of 16 new procedures.

Tax sector: New look
In 2016, with continuous efforts in performing tax collection tasks, reforming administrative procedures and improving the business environment, the tax service sector put on a new face prettified by better perceptions of tax officials, taxpayers and the public in taxing work. The sector continued to replicate online tax declarations to nearly 560,000 enterprises, and received 34,000 sets of declaration documents, or more than 99.7 per cent of operational businesses. Electronic tax payment service was applied to over 538,000 registered enterprises. Over VND328 trillion of taxes was collected via the Electronic Tax Payment Information Portal in the first 11 months of 2016. Electronic tax refund was being piloted in the fourth quarter in 13 tax departments, including Hanoi, Dong Nai, Da Nang and Ho Chi Minh City. The ease of doing business in Vietnam climbed nine places in the doing business index released by the World Bank (WB) and the tax service had a considerable contribution. In 2016, the tax sector collected more tax than assigned by the National Assembly and the Ministry of Finance (VND809.5 trillion versus VND755 trillion).

These figures illustrated the outcomes of continuous efforts for radical changes in perception, inspection, prevention, violation handling, and reception of petitions from taxpayers. The sector planned to apply information technology to at least 95 per cent of tax declaration and payment forms. In particular, the tax service undertook concerted solutions such as applying electronic communication throughout the tax agency system; researching and building a business household database for application in the tax sector; and introducing solutions to build and carry out electronic tax declaration and payment plans for business individuals. The General Department of Taxation (GDT) also continued to expand the scope of electronic tax declaration and payment to save time and costs for businesses and restrict direct interactions between tax officials and taxpayers in the process of tax declaration and payment.

In a report on assessment of the enforcement of the Resolution 19/NQ-CP of the Government in 2016, the Ministry of Planning and Investment noted that “Among 10 indicators of business environment, the reform in tax payment had positive changes and received high appreciation from the business community. The application of electronic tax declaration and payment and the application of self-declaration and self-responsibility mechanism significantly reduced the time for businesses and improved legal compliance for them. Besides, the sector effectively carried communications on new policies, processes and procedures. According to calculations by the Ministry of Finance, the time that taxpayers needed to fulfil tax procedures was 110 hours a year in 2016 as expected in the Resolution 19.

Customs sector: Businesses are centre of administrative reform
The customs sector applied electronic customs procedures in all 34 customs units; completed the automated electronic payment via the VNACCS/VCIS system at Customs Departments nationwide; and officially connected the National Single Window (NSW) to 10 out of 14 ministries with 36 procedures. The sector settled over 204,000 sets of records for more than 8,200 registered enterprises on the NSW Portal. Reform efforts helped reduce costs and duration of carrying out administrative procedures relating to finance, tax and customs for people and businesses. In the Top 10 customs events in 2016 announced recently, more than a half of events related to administrative reform for the sake of facilitating the business community. Remarkably, the General Department of Customs (GDC) issued the 5-year information technology application plan for 2016-2020 issued under Decision 1018/QD-BTC of the Ministry of Finance dated May 12, 2016. The plan was a decisive factor for completing the customs reform and modernisation plan for 2016-2020 and the Vietnam Customs Development Strategy to 2020 was a driving force to administrative reform in accordance with the general policy of the Government of Vietnam in the context of deeper economic integration.

The Government issued Decision 1969/QD-TTg on action plan for implementation of the WTO Trade Facilitation Agreement (TFA). TFA was ratified by WTO member countries at the 9th WTO Ministerial Conference in Bali, Indonesia in December 2014. To date, 96 out of 109 WTO member states adopted this agreement, scheduled for going into effect in early 2017. This is a very important agreement to promote international trade and reduce the time and cost of cross-border trade transactions. According to studies by the World Bank, TFA will help reduce transaction costs by 20 per cent for businesses in Vietnam, facilitate investment and create jobs for local human resources. On October 13, 2016, the Prime Minister approved the plan for preparation and implementation of WTO TFA for the purpose of fully and comprehensively applying the pact and facilitating legitimate trade with Vietnam’s partners. The supervision and establishment of the National Steering Committee for ASEAN Single Window and National Single Window and trade facilitation will help boost trade as well as cross-border shipment.

Le Hien








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