Continue to improve the business environment

​In the context that the Covid-19 pandemic has had a great impact on the economy recently, the recovery process of enterprises in particular and the manufacturing industries in general requires stronger determination in streamlining the administrative procedures, and creating an open and favorable environment for the process of recovery and development. Produced at an enterprise in Bien Hoa.​

Production at an enterprise in Bien Hoa City

Simplify administrative procedures

Since 2014, Vietnam has announced an annual program to reduce administrative procedures to improve the business environment. As a result, over the years, Vietnam has been considered an attractive investment destination and a dynamic economy with great openness and high growth rate in the world. From the reform efforts, Vietnam's position on prestigious global rankings has been raised.

However, under many influences, especially due to the impact of the Covid-19 pandemic, there has been a slowdown in the speed of improving the business environment in Vietnam. On the global rankings, some improvement indicators have not been sustainable and there are many specific indicators that Vietnam's quality and ranking are still low or not improved, even down. In 2021, compared to 2020, many indicators decrease or decrease in rank such as: innovation decreases by 2 levels (from 42nd to 44th); sustainable development points down and ranks down (from 49th to 51st); property rights reduced both points and ranks (from 78th to 84th); perception of corruption dropped 8 levels (from 96th to 104).

From the last months of 2021, Vietnam has gradually normalized back to socio-economic activities. The strategy of safe living together, applying flexible measures to prevent and control the Covid-19 epidemic has helped businesses gradually recover. To sustain and develop in the post-Covid-19 era, the business community needs more determination in improving the business environment, helping investors enter the market, and expand production. Surveys by the Vietnam Chamber of Commerce and Industry (VCCI) as well as the Ministry of Planning and Investment have recognized that the business community's greatest desire is to simplify administrative procedures, ensure transparency and clarity in transactions. policy; fairness and friendly attitude of enforcement officers. Enterprises believe that the solution to administrative procedure reform is a sustainable, long-term solution and also acts as a support package for businesses, especially in investment procedures, land, and environment.

Adjust the key tasks in the right place

According to Vice Chairman of Dong Nai Business Association Chau Minh Nguyen, the support from the State during the outbreak of the Covid-19 epidemic has created favorable conditions for enterprises to restore their production and business. Currently, businesses face many difficulties at the same time, from labor shortage to finance and also problems that were rarely encountered before such as: broken goods supply and demand chains, broken partners and freight rates. transportation increased many times. Therefore, the parallel task is to both improve the business environment and immediately implement the newly issued support policies so that businesses can have more resources.

According to economic experts, the biggest job to be done this year will be to cut down the list of investment and conditional business lines and remove overlaps, contradictions, unreasonableness and other problems. legal provisions in investment and business activities. Select a number of key reform issues and contents for the 2022-2025 period, such as: management reform, specialized inspection of exported and imported goods; remove barriers to investment and business due to overlapping, conflicting, unreasonable and different legal regulations; cutting down the list of investment lines, conditional business and reforming business conditions; reform of land and real estate registration; develop e-commerce and promote cashless payments; continue to support enterprises to restore production and business, and overcome the negative impacts of the Covid-19 epidemic.