The draft law on amendments and supplements of laws on business and investment drew attention from Cabinet members at the Government’s regular meeting in Hanoi on August 1.
Hanoi (VNA) – The draft law on amendments and supplements of laws on business and investment drew attention from Cabinet members at the Government’s regular meeting in Han🍷oi on August 1.
The draft law was compiled to revise and supplement some articles in the 11 current laws, including Law on Investment, Law on Enterprises, Law on Land, Law on Construction, Law on Environmental Protection, Law on Fire Prevention and Fighting, Law on Tax Management, Law on Corporate Income Tax, Law on Urban Planning, Law on Advertising, and Law on Housing.
The revision and supplementation of the aforesaid legal documents mean to continuously improve the business investment environment which is transparent, equal, safe, and friendly to people and entrepreneurs.
The draft law will continue to cut down on the number of conditional business sectors and unnecessary business conditions while improving investment encouragement and protection policy, and addressing shortcomings in business operation.
Special attention will be put to bettering administrative procedures and reforming the management of business investment activities.
Prime Minister Nguyen Xuan Phuc said the draft law is meant to remove any barriers for businesses to operate effectively.
In addition to tightening State management, it is necessary to create a favourable environment according to the market economy, he said.
The Prime Minister directed the Ministry of Justice to coordinate with the Ministry of Planning and Investment to collect various opinions from organisations and individuals to soon complete the draft law and submit to the National Assembly for approval to push business activities and economic growth.
Cabinet members will discuss the socio-economic performance in July and the first seven months of this year at the Government’s regular meeting on August 2.-VNA
The Ministry of Planning and Investment gathered feedback on its draft strategy for small- and medium-sized enterprises (SMEs) development during 2016-2020 at a workshop on January 6.
The Government’s point of view in steering socio-economic affairs is to persistently pursue the goal of macro-economic stability to create foundations for sustainable development.
Scrutiny of business and investment laws is needed to adjust or remove incompatible regulations to serve the long-term development of enterprises, heard a workshop in Hanoi on July 22.
Prime Minister Nguyen Xuan Phuc required the Cabinet members as well as ministries and agencies of the 2016-2021 tenure to swiftly roll out their working plans.
Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
Giang said he believes that building on the solid foundation nurtured over the past half-century and the strong determination of both nations, the Comprehensive Strategic Partnership will continue to grow in a more robust, comprehensive, and extensive manner, thus bringing more practical benefits to the two nations' people.
Highlighting the transformative potential of the draft law in revitalising Vietnam’s railway industry, Hoang Van Cuong, a deputy of Hanoi, expressed his support for Article 39, which empowers the Prime Minister to issue a list of railway-related goods and services to be assigned or ordered from domestic enterprises for production.
According to the Ministry of Public Security, Hoan, formerly Deputy Minister of Labour, Invalids and Social Affairs, is under investigation for allegedly taking bribes in connection with a case involving the Hoang Long Construction and Manpower Supply JSC and related units.
Chairing a national conference on the organisation of the examination on June 18, the PM highlighted the historical significance of the examination, as the restructuring of provincial-level administrative units is underway and the two-tier local administration model is set to officially begin operations on July 1.
Right on the same day, the ministry issued its highest-level travel warning, urging Vietnamese citizens not to travel to Israel or Iran, and advised those already in these countries to swiftly consider evacuation or relocation plans.
From the struggles against colonialists and imperialists to the period of Doi moi (renewal) and international integration, the Vietnamese revolutionary press has always played a pioneering role on the ideological and cultural front, he said.
The Party leader's working session with the standing boards of the Party Committees of HCM City, Ba Ria – Vung Tau and Binh Duong, the VNA General Director's remarks on the occasion of the 19th OANA General Assembly, the launch of new NIC - Google initiatives aimed at bolstering AI entrepreneurship and digital literacy in Vietnam are among news highlights June 18.
Vietnam and Indonesia reaffirmed their commitment to strengthening cooperation in combating terrorism as it remains a threat to peace, security, and stability across their respective nations, the broader region, and the international community.
The Vietnamese representative also emphasised the shared responsibility of relevant parties to build trust, enhance cooperation, and jointly manage the risks of conflict, thus safeguarding long-term peace and stability in the East Sea.
The National Assembly on June 18 passed the law amending and supplementing a number of articles of the Law on Product and Goods Quality, with 408 out of 420 participating deputies voting in favour, accounting for 85.36% of the total.
The Party leader asked the new HCM City to embrace a multi-centre and integrated urban ecosystem where each development pole functions as a link complementary to and intelligently connected with each other in a harmonious whole.
The resolutions issued by the PM as well as ministries and ministry-level agencies reassign responsibility for 346 administrative procedures - 18 from district to provincial levels, 278 to commune level, and 50 eliminated.
Legislators are due to pass several amended laws, including the Law amending and supplementing several articles of the Law on Economical and Efficient Use of Energy, and the Law amending and supplementing several articles of the Law on Product and Goods Quality.
Vietnamese localities' readiness to implement the two-tier local administration model, the evacuation of 18 Vietnamese citizens from Iran, Petrovietnam's 11th ranking in the 2025 Fortune Southeast Asia 500 are among news highlights on June 17 evening.
The General Secretary underlined the resolve to achieve a growth rate of at least 8% in 2025, laying the groundwork for double-digit growth in the following period. He noted that these are mandatory targets, with no alternative path to success.
Restructuring and improving the quality of officials, civil servants, and public employees is no longer a choice, but an urgent requirement to transition from administrative management to governance in service of the people.
The Vietnamese Embassy in Israel has advised Vietnamese people living there to proactively prepare and seek ways to leave the country via land border crossings, especially toward Jordan or Egypt, when security and safety conditions allow.
At the meeting (Photo: VNA)
