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business environment

Update news business environment

A call to scrap Vietnam's tangled investment approval system

Cumbersome processes and administrative gridlock have blocked USD 235 billion worth of investment projects across Vietnam.

PM orders overhaul to improve business environment

The dispatch further highlights the need for comprehensive measures to enhance governance capacity, accelerate socio-economic progress, and improve the investment and business landscape.

Cutting administrative procedures to facilitate businesses’ operations

To create an attractive business environment, at least 30% of the time and costs for administrative procedures must be cut, and unnecessary business conditions removed, as directed by Party General Secretary To Lam.