Hanoi removes 28 administrative procedures in investment

Hanoi’s authorities have decided to remove 28 administrative procedures in the field of investment.

Hanoi removes 28 administrative procedures in investment

Under Decision No.4324/QD-UBND by the municipal People’s Committee, 33 new procedures are issued and 53 others related to the establishment and operation of enterprises, bidding and non-refundable aid are amended.

The decision, which took effect on October 1, elaborates the issuance, amendment, supplementation and removal of administrative procedures in the establishment and operation of businesses in Vietnam.

It touches on Public Private Partnership investment, bidding to choose investors, official development assistance (ODA) capital, preferential loans of foreign sponsors and non-refundable assistance.

The establishment and operation of household businesses under the management of the Hanoi Department of Planning and Investment are also listed.

VNA

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