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Update news administration reform
VietNamNet Bridge - Ten years ago, FPT University had to wait only nine months from the time of the school establishment approval to the opening of the first training course.
Though Vietnam has managed a modest rise in its overall score, it still is at the bottom position in the region in the latest ranking by the US-based Heritage Foundation in terms of economic freedom.
VietNamnet Bridge - Despite reform, thousands of sub-licenses still exist, affecting businesses’ performance.
VietNamNet Bridge - A survey by the Vietnam Chamber of Commerce and Industry (VCCI) has found that businesses operate under the regulation of 7,000 sub-licenses or 7,000 business conditions.
VietNamNet Bridge - Policies change so regularly and unpredictably that businesses are confused, because their actions could be legal today but illegal tomorrow.
VietNamNet Bridge - The Ministry of Planning and Investment (MPI) plans to simplify the procedures on business registration but lawyers say this may do more harm than good.