On September 20, 2021, the Chairman of the Provincial People's Committee signed the Decision approving the plan to simplify administrative procedures in investment in Vietnam under the management function of the Department of Planning and Investment.
Accordingly, at present, the administrative procedure set
in the investment field in the province consists of 22 procedures under the management
functions of the Department of Planning and Investment (DPI), issued together
with Decision No. 2391/QD-UBND dated June 16, 2021 of the Chairman of the
Provincial People's Committee, of which there are 10 procedures under the
approval authority of the Provincial People's Committee with processing time of
32 days (according to the Investment Law and related documents). The Chairman
of the Provincial People's Committee (PPC) granted unanimous approval for a
reduction of 7 days and therefore the total time to carry out the procedures goes
from 32 days to 25 days.
The Chairman of the Provincial People's Committee also
assigned the DPI to assume the prime responsibility and coordinate with
relevant agencies in the application of the simplified implementation plan for
10 administrative procedures approved in the Decision.
In 2021, Vietnam is experiencing the fourth pandemic with
complicated progress. As required by the central government, Binh Dinh province
has been deploying robust and synchronous solutions in the prevention and
control of the pandemic. The motto of combining "dual goals" is
followed; therefore, disease prevention and control, and protection of people's
health are a priority and socio-economic recovery and development are a crucial
task.
Accompanying businesses in the province, in August 2021,
the Provincial People's Committee held a conference to discuss solutions to deal
with difficulties and promote production and business for businesses under the
influence of the COVID-19 pandemic. The conference was chaired by the Secretary
of the Provincial Party Committee Ho Quoc Dung and the Chairman of the PPC
Nguyen Phi Long and it was attended by leaders of departments, associations and
enterprises. At this conference, the DPI proposed to cut down the processing
time of investment procedures and to consider that as one of the important
supports for investors in Binh Dinh.
In the upcoming time, Binh Dinh province will continue to
promote administrative reform, application of technology in handling procedures
related to investment activities. Also, it is important to boost investment
promotion in place, supporting licensed projects, reducing difficulties for
investors to accelerate project disbursement.