Under Prime Minister Nguyen Xuan Phuc's instruction, government agencies intend to cut over 60% of a total of 5,905 current business conditions, the government portal cited Head of Government Office Minister Mai Tien Dung as saying.
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Previously, the government had set target of removing 50% of total business conditions at all ministries and ministry-level agencies before October 31.
By the end of the monthly cabinet meeting in July, ministries and government agencies had removed a total of 900 business conditions or over 12% of the total number. However, ministries are now following strictly the government's instruction, Dung added.
It is, therefore, expected that the goal of removing at least 50% of business conditions is feasible, which can even go up to 60% of the total number.
Notably, the Ministry of Labor, War Invalids and Social Affairs (MOLISA) expects to cut 65% of business conditions under the ministry's management, the Ministry of Health 72%, and the Ministry of Culture, Sports and Tourism (MCST) 54%.
"The Government Office will review independently to determine whether the reform effort is just a formality, or to replace a business condition with another. Similarly, specialized inspection should be moved from prior-review to post-review, applying methods of developed countries and removing unnecessary business conditions," Minister Dung continued.
Finance and public security ministries set the trend
Recently, the Ministry of Finance (MoF) has proposed removing 51.4% of business and investment conditions under the ministry's administration and revising 16 decrees from various fields. The MoF is expected to reduce and simplify business conditions on lottery and casino business, betting on horse, dog racing and international football matches.
Specifically, the MoF decided to remove the minimum investment capital of VND1 trillion (US$43.03 million) and VND300 billion (US$12.90 million) for horse and dog racings, respectively, among others.
Moreover, the Ministry of Public Security excluded 60 products and goods subject to specialized inspection out of the total 65, which are in fields of fire prevention and fighting, management and use of weapons, explosives and combat gears (removing 92.31% of the total).
The public security ministry also intends to cut five out of the total 18 business conditions in field of fire prevention and fighting or 27.78%.
