Enhancing Legal Support for SMEs

10:40:50 AM | 6/4/2021

In response to the Government’s Decree 55 on legal support for small and medium-sized enterprises (SMEs), the Department of Justice of Yen Bai province has advised the Provincial People's Committee to facilitate SMEs to get accurate, prompt and complete access to legal information and provided legal advice for local enterprises.

The department has hosted three training workshops with professional training on capacity building and legal support for enterprises; disseminated and exchanged legal provisions on business investment specified in the Law on Enterprises, the Law on Investment, and the Law on SME Support for agencies, organizations and people in charge of legal support for enterprises and business communities in the province. One of the popular activities is “Biz Coffee”. The program is designed as a dialogue between entrepreneurs and authorities to exchange proposals, hardships and problems, and to disseminate business laws and policies to businesses.

To carry out the process and procedures of drafting and promulgating legal documents, specialized agencies affiliated to the Provincial People’s Committee have coordinated with the Department of Justice to propose 28 resolutions of the Provincial People’s Council and 83 decisions of the Provincial People's Committee, suggest legal documents and implement the order and procedures for formulation and promulgation of legal documents under the jurisdiction of the Provincial People’s Council and the Provincial People’s Committee, fully adhere to the legal process and ensure quality. Therefore, in 2019, Yen Bai province was amongst the best performers of “legal document making and enforcement index”.

In the coming time, the Department of Justice will continue to update and post legal documents issued by the Provincial People's Council and the Provincial People’s Committee pertaining to SMEs on the national law database; organize legal knowledge training programs for leaders and persons in charge of legal affairs for SMEs as well as legal conferences and forums to provide information and advice on investment and business activities of SMEs, thus helping raise awareness of regulatory compliance and legal consultation of enterprises.

Source: Vietnam Business Forum