|
US$8.9 million for new business reforms
A total of US$8.9 million has been provided to simplify the registration of new businesses throughout Vietnam.
A project to provide technical assistance to reform business registrations was signed on August 6 between the Ministry of Planning and Investment (MPI), the Norwegian Embassy and the United Nations Industrial Development Organisation (UNIDO).
In the first phase, the project will receive between US$4.2 – 5.2 million from the Norwegian Government and US$1 million from UNIDO.
According to Deputy Minister of Planning and Investment Truong Van Doan, the reforms will reduce the cost and time it takes to complete all business, tax, statistics and seal procedures by placing all pre-registration and registration requirements on one application form.
He added that the project will also provide the MPI with advice on how to establish a National Business Registration System at central level and offer full computerisation of business registration processes nationwide.
The Agency for the development of Small and Medium-sized Enterprises Development under the MPI will bear the responsibility of implementing the three-year project, in co-operation with the Tax Department under the Ministry of Finance, the Ministry of Public Security and the General Statistics Office at central level, as well as business registration offices in 63 provinces.
VOV
|
