Fast track gains seen in tax, customs procedures

The finance ministry will build on the successes it has recorded last year in implementing a Resolution on improving the business improvement, Ngô Hữu Lợi, head of its Legal Department, tells the Vietnam News Agency. What are general results of the Finance Ministry implementing Resolution 19/2016/NQ-CP last year? The Government renews the Resolution every year to continue to improve the business environment and raise national competitiveness, especially through tax and customs reforms. In 2016, the finance ministry achieved many practical results in implementing the Resolution. First, online tax declarations, payments and refunds continued to accelerate, helping reduce tax payment period from 537 hours to 117 hours.

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