The information was released in VCCI’s latest document on last year’s
outcome of the implementation of the Government’s Resolution 35/NQ-CP on
business assistance and development by 2020.
The report said the businesses’ concerns mostly revolved around
administrative reform, including tax and customs procedures, and
environmental inspection. Firms also complained that a number of
inspections were not needed or unnecessarily prolonged, causing waste of
time and money for enterprises. Many regulations were complicated and
overlapped among different ministries and sectors.
They asked the State to improve the performance of funds for the
development of science-technology, and small- and medium-sized
enterprises. The also called for frequent review of conditional business
sectors in line with the Investment Law.
The business community voiced their hope for equal access to
resources and business opportunities, and asked for the serious
consultation of experts and target subjects during the process of
drafting and implementing laws and policies.
The community proposed measures to reduce business costs, including
suitable interest rate, and reduction of land leasing prices, fees at
some BOT (build-operate-transfer) projects, and logistic costs.
A number of comments asked for the protection of businesses’ rights
during bankruptcy procedure, and at civil courts, while calling for
higher fines to crack down on unhealthy competition, patent violations
and illegal inspections.
VCCI Chairman Vu Tien Loc said authorities at different level
handled concerns from the business community faster than they did in
2016, particularly after the issuance of the Prime Minister’s Direction
26/CT-TTg on June 6, 2017 on pushing the implementation of Resolution
35.
According to the report, the State Bank, the Ministries of Finance,
Construction, Transport, Planning and Investment, and Industry and
Trade, and People’s Committees of Hanoi and Thua Thien – Hue were among
agencies that provided the most prompt and effective feedback to firms’
requests.
Source: VNA