Hanoi promulgates new administrative formalities in business establishment and investment (19:12 05/10/2021)

HNP - The Hanoi People's Committee issued Decision No. 4324/QD-UBND on October 1 on the issuance, amendment, supplementation and removal of administrative procedures in the establishment and operation of businesses in Vietnam, Public Private Partnership investment, bidding to choose investors, official development assistance (ODA) capital, preferential loans of foreign sponsors and non-refundable assistance.

The decision also listed new administrative procedures in the establishment and operation of home businesses under the management of the municipal Department of Planning and Investment.

Under the new document, 33 new procedures are issued and 53 others related to the establishment and operation of enterprises, bidding and non-refundable aid are amended.

The municipal authorities decided to remove 57 administrative procedures, including 28 in the field of investment.

By Tran Huong

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