Agriculture sector acts to lure more investments
Updated : Wednesday, January 10, 2018 9:49 AM (GMT+0700)

TheMinistry of Agriculture and Rural Development (MARD) will continue reformingadministrative procedures and improving the business environment to lure moreinvestments into the sector this year, particularly hi-tech and organicagriculture.

 
Illustrative photo - Source: VNA

According to Deputy Ministerof Agriculture and Rural Development Ha Cong Tuan, the MARD will review 508administrative procedures and propose simplifying or cutting out 287 out ofthese administrative procedures, or 56.5 percent.

It will also review a total345 business and investment conditions and propose that 118 of which be amendedand cut out, equivalent to 34.2 percent.

Eighteen out of 40specialised inspection procedures will be reviewed, while quarantine andclearance time will be shortened from 24 hours to no more than four hours forgoods transported by land or air and no more than 10 hours for thosetransported by sea.

The ministry will continuethe second phase of the National Single Window and ASEAN Single Windowmechanisms at its five units, aimed at streamlining administrative procedures.

In 2017, the MARD activelyimplemented Resolution 35/NQ-CP on supporting anddeveloping enterprises by 2020, and Resolution 19-2017/NQ-CP on thefurther implementation of key tasks and measures to improve the businessenvironment and enhance the national competitiveness in 2017, with avision to 2020, according to Tuan.

It focused on connectingenterprises on the basis of sectors, value chains, and scales, and betweenlocal and international firms, while providing assistance for social businessesand startups.

Level 4 online publicservices were offered at the ministry’s Department of Plant Protection andDepartment of Livestock Production, one-stop-shop online administrativeprocedure services were launched to support enterprises, and interactiveservices were enabled on the online portal of the ministry and its units’websites to timely receive and address petitions.

The sector saw an increasingnumber of newly established firms with 1,955 companies in 2017, raising thetotal number of businesses investing in agriculture to 5,700.

Many major groups pouredbillions of USD into hi-tech and organic agriculture as one of their keyorientations and gained significant achievements in the sector.

Source:VNA

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