The Ministry of Finance will reduce and simplify 176 administrative procedures under its management. (Photo: vneconomy)
Hanoi (VNA) – The Ministry of Finance recently issued DecisionNo.2141/QD-BTC on reducing and simplifying 176 administrative procedures underits management.
Thirteen fields, including taxation, customs, state treasury, securities,insurance and public assets are subject to the effort. Up to 148 procedureswill be removed while 28 others will be simplified.
Thus, total administrative procedures under the management of the financeministry are slashed to 839, with 291 in taxation, 178 in customs, 148 insecurities, 12 in state treasury, and 210 in other sectors.
In the coming time, the ministry will continue to keep a close watch on thesimplification of administrative procedures, and stringently control theissuance of new ones.
Besides, it will put forth IT application in processing administrative procedureswhile providing online public services at level-3 and level-4 category, whichallows people, businesses and management units to perform administrativeformalities, submit required forms, handle documents and payments, as well asreceive results online.
Also, the ministry will carry out the one-stop mechanism in processingadministrative procedures, meeting the demand of the Fourth IndustrialRevolution.
Administrative reform is billed as a motive to bolster socio-economicdevelopment by creating favourable conditions for both local people andbusinesses and ensuring the business climate is sound for enterprises to betterintegrate into the global economy.-VNA
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The Ministry of Finance will reduce and simplify 176 administrative procedures under its management. (Photo: vneconomy) 
