He said administrative proceduresin Vietnam are still costly and time-consuming, making the countryless competitive than other countries in the region, discouragingforeign investors.
Other participants at the meetingsaid the Government needs to consider ensuring uniform administrativeprocedures in all 63 provinces and cities.
In many provinces, redundant and overlapping procedures are still common, they said.
Research done by the Justice Ministry's Administrative ProcedureControl Agency found that it took 155-340 days for getting an investmentlicense for projects in the nation's industrial parks, economic zonesand export processing zones.
The agency suggested that this is shortened to between 125-180 days.
It also recommended that the time taken to get an investment licencefor a project that uses land outside industrial parks, economic zonesand export processing zones is reduced to 335-450 days instead of thecurrent 580-865 days.
The meeting was jointlyorganised by the agency and the International Finance Corporation, theprivate sector funding arm of the World Bank.-VNA
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