MoIT mulls comments on trade infrastructure draft decree

15:56 | 05/07/2018 Economy- Society

(VEN) - The Ministry of Industry and Trade will study the comments it has received from other ministries, departments, localities and organizations regarding its draft decree on the development and management of commercial infrastructure, with a view to revising and completing it soon.

moit mulls comments on trade infrastructure draft decree

Some of the feedback reflects concern that the revised decree would add red tape and burden business activity rather than simplifying it. However, Nguyen Van Hoi, deputy director of the Domestic Market Department under the Ministry of Industry and Trade, said the draft decree is designed to create a legal corridor and a transparent and favorable environment for development of various types of commercial infrastructure, including markets, supermarkets, trade centers, shopping malls, convenience stores and related business activities. It will not create more business conditions and not generate sub-licenses, hindering business activities of enterprises, he added. “It will remove barriers and solve difficulties for enterprises, improve the business investment environment and better meet the needs of consumers”.

The draft decree is meant to remedy shortcomings and address developing forms of commerce such as shopping malls, updating two previous documents that created a legal framework for the development and management of distribution systems (Decree 02/2003/ND-CP dated January 14, 2003 and Decree 114/2009/ND-CP dated December 23, 2009).

In November 2017, the Ministry of Industry and Trade was appointed by the prime minister to review and evaluate the implementation of these two decrees.

The draft decree is expected to overcome obstacles and inadequacies arising from the actual implementation of the current types of commercial infrastructure while ensuring continuity of appropriate regulations in order to create a comprehensive legal corridor for the development and management of commercial infrastructure.

In addition, the draft decree will contribute to accelerating the development of various types of commercial infrastructure towards modernization, preserving and promoting traditional cultural values, ensuring goods carry clear details of origin, supporting market access and facilitating consumption of Vietnamese goods.

According to economists, some rigid rules, such as the requirement of having an area of 250-10,000sq.m, opening and closing hours, and the number of sales promotional programs pose difficulties for enterprises. However, Nguyen Van Hoi said the ministry would consider and revise its draft decree in order to create optimal conditions for enterprises.

Phuong Lan