Business community’ voices help improve climate
Updated : Monday, January 08, 2018 3:04 PM (GMT+0700)

TheVietnam Chamber of Commerce and Industry (VCCI) reported that it had passed1,152 petitions from the business community to relevant State agencies as ofthe end of November 2017, and 954 of which had received replies.

 
Illustrative photo - Source: VNA

The information was releasedin VCCI’s latest document on last year’s outcome of the implementation of theGovernment’s Resolution 35/NQ-CP on business assistance and development by2020.

The report said thebusinesses’ concerns mostly revolved around administrative reform, includingtax and customs procedures, and environmental inspection. Firms also complainedthat a number of inspections were not needed or unnecessarily prolonged,causing waste of time and money for enterprises. Many regulations werecomplicated and overlapped among different ministries and sectors.

They asked the State toimprove the performance of funds for the development of science-technology, andsmall- and medium-sized enterprises. The also called for frequent review ofconditional business sectors in line with the Investment Law. 

The business communityvoiced their hope for equal access to resources and business opportunities, andasked for the serious consultation of experts and target subjects during theprocess of drafting and implementing laws and policies.

The community proposedmeasures to reduce business costs, including suitable interest rate, andreduction of land leasing prices, fees at some BOT (build-operate-transfer)projects, and logistic costs. 

A number of comments askedfor the protection of businesses’ rights during bankruptcy procedure, and atcivil courts, while calling for higher fines to crack down on unhealthycompetition, patent violations and illegal inspections. 

VCCI Chairman Vu Tien Locsaid authorities at different level handled concerns from the businesscommunity faster than they did in 2016, particularly after the issuance of thePrime Minister’s Direction 26/CT-TTg on June 6, 2017 on pushing theimplementation of Resolution 35.

According to the report, theState Bank, the Ministries of Finance, Construction, Transport, Planning andInvestment, and Industry and Trade, and People’s Committees of Hanoi and ThuaThien – Hue were among agencies that provided the most prompt and effectivefeedback to firms’ requests.

Source:VNA

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