The Government checked more than 5.000 procedures to decrease the expenses for enterprises


Minister and director of Government’s Office, Mr, Mai Tien Dung said that Government shall decrease the input expense for enterprises because total of unsold administrative formalities are now up to 5,719 sets.

 The spokeman of Government said that, in the morning of August 3rd, under the instruction of Prime Minister Nguyen Xuan Phuc, Government discussed reducing input cost for business, taxes and fees such as road tolls through BOT station, to reduce customs procedure and fees as well as administration...; At the same time the Government confirmed the determination to achieve growth of 6,7% this year.

The spokeman of Government added, the Prime Minister has assigned the Ministry of Finance continue to study and remove difficulties for businesses through policies on taxes, fees ... to help businesses cut back cost, develop the market, compete effectively.

Along with that, ministries and localities continue to speed up the reform of administrative procedures, focus on solving difficulties, creating favorable conditions for business development, especially promoting the progress of implementation of Resolution 19, Resolution 35, and Directives of the Prime Minister, such as strengthening tax declaration and payment; step by step to reduce the rate of specialized inspection of the customs clearance period from 30-35% to 15%; to reduce costs associated with import-export procedures to reduce the burden on businesses.

The Prime Minister assigned the State Bank to reduce the lending interest rates to reduce the cost of capital for businesses; At the same time, to consider and study the appropriate mobilization of gold and foreign currency sources among the population. To focus on credit for priority sectors (agriculture, export, supporting industries, small and medium enterprises, hi-tech enterprises ...); to guarantee to increase credit as plan to growth promotion.


CollectorPham Thi Ngoc Chon        Translator:  Nguyen Tran Thai Hoa