15:42 | 11/06/2018 Economy- Society
(VEN) - From rice exports to duty free sales, from the electricity market to measurement standards, Minister of Industry and Trade Tran Tuan Anh has approved a plan to slash a series of procedures and conditions in a bid to facilitate trade and business in Vietnam in 2018.
Decision 1408/QD-BCT signed in late April relates to 54 administrative procedures in 10 areas including energy, electricity, competitiveness management, trade promotion, food safety and import-export. Twelve procedures will be abolished altogether and 42 are to be streamlined and simplified.
For example, the ministry will remove the requirement to obtain a license for tobacco imports for duty free trading, which has been in effect since 1998.
Procedures related to the confirmation of registration for promotion campaigns that use a lucky draw are also slated to be removed. Traders are allowed to choose one of three methods to register for the promotion, including by post, via online public service, and directly registering at the headquarters of a state management agency. The duration of the promotion registration will be cut from the current seven to five working days prior to the commencement of promotion activities.
In terms of food safety, food trading, manufacturing and processing establishments applying for food safety certificates granted by the Ministry of Industry and Trade or the departments of industry and trade will no longer be required to supply business registration certificates.
Regarding rice export conditions, the Ministry of Industry and Trade will continue to reduce the processing time from 15 to 10 working days for the issuance or adjustment of certificates of eligibility for rice exporters, and abolish the provision on the new issuance of the certificate of eligibility for rice export business to replace certificates nearing expiration.
The Ministry of Industry and Trade will also abolish the procedures for registration to participate in the electricity market. Administrative procedures in other sectors including goods, measurement standards, competition management, alcohol trading and energy will also be removed and simplified.
The Ministry of Industry and Trade implemented its first administrative restructuring in December 2016, during which
123 administrative procedures out of a total 443 were simplified or annulled. Last year, the ministry continued to cut
and simplify 183 administrative procedures.