Danang Hi-Tech Park
Dinh Vu


Last updated: Wednesday, July 18, 2018


Working together to Spur Business Development

Posted: Monday, June 19, 2017

The Prime Minister recently issued Directive 26/CT-Ttg on effective implementation of Resolution 35/NQ-CP in the spirit of the Government siding with business.

After more than one year of enforcement, the Resolution has produced some encouraging results like creating positive changes in the thinking and awareness of the public administration apparatus in the spirit of serving and supporting business development, gradually removing difficulties and problems of enterprises; improving the business and investment environment, and creating more favourable conditions for production and business expansion and rapid growth.

However, the enforcement of Resolution 35 has not produced all the outcomes as expected due to some inappropriate mechanisms and policies. The implementation of some solutions has yet to meet practical expectations. There is a wide gap between policy spirit and reality in many aspects, such as administrative procedures concerning export, import, taxation, customs, licences, resources and overlapping inspections. The coordination among ministries, branches and localities is inconsistent in supporting businesses.

To further enhance the carrying-out efficiency of the Resolutions of the 5th Central Party Congress (12th term) and address existing issues after one year of executing Resolution 35, the Prime Minister requested ministers, heads of ministry-level agencies, heads of Government agencies, chairpersons of Provincial/Municipal People’s Committees to focus on effectively directing and executing tasks and solutions in 2017 - 2018.

Specifically, the Ministry of Planning and Investment will work with relevant agencies to complete the draft Law on SME Support and directive decrees in the second quarter of 2017; and work with other ministries, agencies, and localities to enforce policies and programmes in support for small and medium-sized enterprises (SMEs) after the law is passed by the National Assembly.

The directive assigned the ministry to work with relevant ministries and agencies to compose decrees with a view to forging connected procedures on investment, land, construction and bidding, environment, and submit them to the Government in the third quarter of 2017; annually work with relevant ministries, agencies, business associations, commercial banks to hold training supportive courses for SMEs to improve their governance competence and financial transparency to have an easier access to credit; and perfect the list of State-owned enterprises (SOEs) subjected to State capital withdrawal in the 2017-2020 period, which will be submitted to the Government in June 2017.

The Prime Minister’s directive requested the Ministry of Finance to review and amend regulations on interconnected tax and customs management with a view to cutting time and costs for business and report on a plan to draft amended laws on taxes to the Prime Minister to submit it to the National Assembly for approval in the third quarter of 2017. The ministry will work with related ministries, agencies, and localities to tighten management and collect tax; prevent losses; and research simple accounting mechanisms for highly effective application in small businesses, particularly those upgraded from business households, which will be reported to the Government and submitted to the National Assembly in the third quarter of 2017.

The Prime Minister also asked the Ministry of Finance to work with the Government Office to urge ministries concerned to amend and supplement decrees, circulars and decisions on specialised inspection of exported and imported goods as per Resolution 19-2017/NQ-CP and Decision 2026/QD-Ttg; coordinate with the Ministry of Natural Resources and Environment to study and propose amendments and supplements to provisions of the draft Law amending and supplementing the Land Law 2013 towards administrative simplicity, publicity and transparency of land reclamation, site clearance, land allocation, land lease, land-use purpose conversion; complete draft decrees of the Government on agricultural insurance, compile decrees on invoices and electronic proofs; and reimburse value added tax electronically.

In addition, the Prime Minister also requested the Ministry of Natural Resources and Environment, the Ministry of Industry and Trade, the Ministry of Health, the Ministry of Justice, the Ministry of Transport, the Ministry of Culture, Sports and Tourism, the Ministry of Science and Technology, the Ministry of Agriculture and Rural Development, the Ministry of Information and Communications, the State Bank of Vietnam (SBV) and other bodies concerned to collaborate with relevant ministries and branches to review documents, amend regulations on business community support in the spirit of "Government siding with business".

As for the Vietnam Chamber of Commerce and Industry (VCCI) - the implementing agency, the Prime Minister requested it to continue to gather recommendations and opinions from enterprises, analyse and clarify them and related documents to propose settlement and report to the Government on a monthly and quarterly basis; report on the implementation of commitments signed by Provincial/Municipal People's Committees and the VCCI, and report it to the Prime Minister quarterly and post it on VCCI's websites.

Quynh Anh

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