Over 273 million USD saved annually thanks to removal of business conditions
Reductions in business conditions and related administrative procedures have helped save about 18 million workdays, or 6.3 trillion VND (273.4 million USD), each year, Minister and Chairman of the Government Office Mai Tien Dung said.
Minister and Chairman of the Government Office Mai Tien Dung speaks at the national teleconference between the Government and localities on December 28 (Photo: VNA)
Hanoi (VNA) - Reductions in business conditions and relatedadministrative procedures have helped save about 18 million workdays, or 6.3trillion VND (273.4 million USD), each year, Minister and Chairman of theGovernment Office Mai Tien Dung said.
At a national teleconference between the Government and localities onDecember 28, he said an additional 239 business conditions have been abolishedthis year.
During 2016-2020, the country removed 3,893 of its 6,191 businessconditions, 6,776 of 9,926 commodities subject to specialised inspection, and30 administrative procedures related to specialised checks. It also handled1,501 items subject to overlapping specialised examination.
Such efforts by ministries, agencies, and localities have greatlycontributed to Vietnam’s improved positions in international rankings, Dungsaid.
The country ranks 70th among 190 economies in the World Bank’sDoing Business report, jumping 20 places between 2016 and 2020; 67th among 141 countries in the Global Competitiveness Report, up 10 places in2018-2019; and 42nd among 131 economies in the Global InnovationIndex and first among 29 countries with the same income level in the Index.
In terms of e-Government building, he added, the Government and thePrime Minister have issued many legal documents, programmes, strategies, andplans to provide a legal corridor for the building of e-Government towards adigital Government, economy, and society.
In the UN’s E-Government Development Index 2020, Vietnam was in 86th position among 193 countries and territories, up two places from 2018. It hascontinually secured higher rankings between 2014 and 2020, from 99th to 86th. The country has been listed among countries with high levelsof e-Government development and higher than the global average, the officialnoted./.
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Reforms of checks on imported products will help improve the business climate while reducing time and costs, which will give significant room for growth, Minister and Chairman of the Government Office Mai Tien Dung has said.
In recent times, thousands of business conditions, product categories subject to customs checks, and administrative procedures have been cut and simplified in accordance with Government Resolution 68, facilitating production and business activities, significantly contributing to improving the investment and business environment and national competitiveness.
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Minister and Chairman of the Government Office Mai Tien Dung speaks at the national teleconference between the Government and localities on December 28 (Photo: VNA) 
