Vietnamese Minister of Industry and Trade Nguyen Hong Dien had working sessions with leaders of US organization and corporations to discuss bilateral trade.
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.
Newly established enterprises hit a four-month record in Vietnam, yet the number of business withdrawals still outpaces entries, signaling ongoing market challenges.
With a degree of global and local complexity set to continue, the government will adopt appropriate measures to take Vietnam forward, PM tells gathering.
Electricity of Vietnam (EVN) has sent a document to the Office of the Government and the Ministry of Planning and Investment (MPI) proposing the integration and sharing of information on business registration certificates through the National Public Service Portal. This will further simplify procedures for businesses using electronic services and contribute to further improve Vietnam’s business environment.
The Ministry of Finance (MoF) has said that collecting information on businesses using trading apps on mobile phones to support investment in financial products is quite difficult. Investors need to carefully research information about mobilizing organizations and ask partners to provide legal documents before making an investment, such as establishment and operational licenses, business lines, and so on. MoF suggested that investors research information on securities companies, fund management companies, and securities investment funds on the website of the State Securities Commission (SSC).