March 27, 2025 | 15:45 GMT+7

Program on simplifying business administrative procedures approved

Vân Nguyễn -

The program targets to cut and simplify at least 30% of unnecessary investment conditions, and at least 30% of time required for processing administrative procedures, and reduce compliance costs by 30% in 2025.

Under the Government's Resolution No.66/NQ-CP, dated March 26, 2025, a program for cutting and simplifying administrative procedures related to production and business activities for 2025 - 2026 has been approved, according a report from the Government News.

Accordingly, in 2025, the Government targets to cut and simplify at least 30% of unnecessary investment conditions and at least 30% of time required for processing administrative procedures, and reduce compliance costs by 30%.

All administrative procedures related to businesses will be conducted online in a seamless, efficient, and transparent manner, minimizing paperwork. All procedures will be implemented without being restricted by local administrative boundaries within each centrally-run city or province.

In 2026, the Government will eliminate and simplify all of unnecessary, overlapping, or unclear investment conditions while removing all investment conditions for industries and sectors not listed in the conditional business sectors under the Investment Law.

Time required for processing administrative procedures and compliance costs will be reduced by half compared to 2024 while all administrative procedures specified in technical regulations and mandatory standards are publicly announced, reviewed, streamlined, and simplified.

Additionally, all of business reporting requirements will be conducted online and all of internal administrative procedures within each state agency will be governed on digital platforms. 

The resolution ordered ministries and ministerial-level agencies to speed up the implementation of measures to simplify internal administrative procedures. They are required to fully publish and disclose all procedures between the State administrative agencies on the national database on administrative procedures before April 30, 2025.

 

 

 

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