The Ministry of Industry and Trade wants 3,299 rules imposed by ministries removed.
Under the Law on Investment 2014, only the National Assembly, the Assembly's Standing Committee and the government, and not ministries, can set rules for business.
“When the Law on Investment 2014 takes effect on July 1, 3,299 irrational business conditions will be removed,” said the Ministry of Planning and Investment.
The ministry said the ministries of Finance, Industry and Trade, Agriculture and Rural Development, and Transport, have the highest number of irrational procedures and fees.
Nguyen Dinh Cung, director of the Central Institute for Economic Management (CIEM), said fees and procedures are a burden on companies and create barriers for exporters.
Pham Thanh Binh, a specialist from the USAID Governance for Inclusive Growth (GIG) Program, said many exporters complain about irrational fees, which eat up their profits.
