Specifically, the ministry will review 345 business investment conditions to abolish and amend 118 conditions accounting for 34 percent. Of the current number of 508 administrative procedures, 287 ones will be eradicated and simplified accounting for 56.5 percent.
In addition, the ministry will cut 18 out of 40 procedures in specialized inspection.
The time of solving administrative formalities will reduce from 24 hours according to the Law on Plant Protection and Quarantine to four hours to road and airway and 10 hours to seaway.
In the upcoming time, the ministry will gather legal documents related to administrative procedures to remove unsuitable and issue new ones to meet management requirements and create transparency for businesses.
For the last past, the ministry has slashed administrative procedures from over 1,000 to 508 as present.