Simplify administrative procedures in investment
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Simplify administrative procedures in investment (19/10/2019)
Quang Nam issued the Decision 3225/QĐ-UBND approving the plan to simplify administrative procedures in investment under the management of Quang Nam's People Committee. Speacifically, the procedures of "Join capital, purchase capital of business of foreign investors" will be reduced from 15days to 10days.
At the same time, Quang Nam will dissolve some other procedures such as: "Appraisal and approval of feasibility study reports, economic and technical reports"; "Appraisal and approval of amendments and supplements to the feasibility study report, the economic-technical report". According to Clause 10, Article 2, Decree No. 120/2018 / NDCP dated September 13, 2018 of the Government, the Department of Planning and Investment is no longer functioning to appraise contruction projects. 
 
PPC assigned the Deparment of Planning and Investment to draft a document to simplify and upgrade administrative procedures and make a implementation plan. 
 

Translator: Nhat Ha

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