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MoIT to streamline hundreds of regulations

The Ministry of Industry and Trade (MoIT) plans to streamline 464 to 612 conditions for establishing new businesses, equivalent to some 38.15 to 50.3 percent of the total business conditions.
MoIT to streamline hundreds of regulations ảnh 1The Ministry of Industry and Trade plans to streamline 464 to 612 conditions for establishing new businesses, equivalent to some 38.15 to 50.3 percent of the total business conditions. (Photo: dantri.com.vn)
Hanoi (VNA) -The Ministry of Industry and Trade (MoIT) plans to streamline 464 to 612conditions for establishing new businesses, equivalent to some 38.15 to 50.3percent of the total business conditions. 

This was the information released by Minister of Industry and Trade Tran TuanAnh at a meeting late last week.

Specifically, the ministry’s administrative reform team together withrepresentatives of departments submitted a report to the minister on reviewingand simplifying business conditions, proposing a roadmap to reduce businessprocedures and conditions, as well as specific monitoring options.

Accordingly, the working group proposed two options.

First, the working group proposed to cut 464 conditions, equivalent to 38.15percent of total business conditions. In particular, 180 of 350 conditions forthe food business sector were recommended to be cut.

Second, it suggested 612 conditions be removed, equivalent to 50.3 percent,from total 17 sectors. In particular, the food business sector would see 331out of 350 business conditions eliminated. 

The 17 business sectors for which procedures to set up businesses would besimplified include petrol, gas, chemicals and alcohol, as well ascigarettes, food, electricity and franchising; along with logistics, commercialinspection, multilevel-marketing and e-commerce.

Therefore, after reduction, total remaining conditions are 752 if option one ischosen and 604 conditions if option two is applied.

As for the food business sector, Nguyen Sinh Nhat Tan, Director of theministry’s Legislation Department, said option one was proposed based on thecurrent regulations of the Food Safety Law 2010, thus there would not be manychanges. 

However, if option two was implemented, it would be very time-consuming, as inthis case, it would be necessary to regulate standards for different types offood businesses, which would be foundations for business performanceexamination and supervision. 

Minister Anh requested that authorities evaluate the impact of thesimplification of administrative procedures on business operations and thepeople.

"The results of this review will show us that efforts to remove businessconditions are indeed on the right path, necessary and helpful in tacklingdifficulties for businesses,” minister Anh emphasised.

The reduction of business conditions and the removal of difficulties forenterprises would be a key task throughout the process of administrativereform, the improvement of the institution and the creation of a transparentinvestment environment, he added.

At the meeting, the minister asked departments to continue reviewing otherregulations and business conditions for removal and report back to himon September 21 for a final decision. 

Earlier, the Government required ministries to review business conditionsfollowing market mechanisms of OECD and proposed that those hinderingcompetitiveness be removed.-VNA 
VNA

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