New laws contribute to improving business climate
Chairman of the National Assembly (NA) Economic Committee Nguyen Van Giau said the country has made a step forward in completing institutions for the market economy with the promulgation of a series of laws including the Law on Land Use, Law on Business, Law on Real Estate Trading and Law on Construction.
He underlined the transparency, specificity and up-to-dateness of the laws, saying that they facilitate business operation and economic development.
Giau made the statement in an interview granted to Vietnam News Agency correspondents on the sidelines of the seventh Spring Economic Forum in Vinh City in central Nghe An province, hosted by the Vietnam Chamber of Commerce and Industry (VCCI).
He stressed the need for administrative reform and improved public service to ensure effective implementation of relevant policies.
He highlighted the “from words to actions” slogan, saying that improving the business climate is an urgent issue in the economy and among businesses.
Part of the forum’s agenda is to collect experts’ comments on a document verifying the government’s socio-economic development report to be submitted to the NA, Giau said.
He expressed his hope that with straight and constructive comments from experts, appropriate amendments will be made to policies and regulations, ultimately resulting in positive improvements in the issues brought forth at the forum.
International experts have said Vietnam’s legal reform process is a positive improvement and in accordance with the domestic context, the chairman said.-VNA