VN sets concrete goals set for improving business environment/national competitiveness

The Government has set out concrete goals for improving the country’s business environment and national competitiveness for 2019-2021 period in line with international standards, according to its Resolution No. 02 adopted in early January.



No.

Name of index

Initiated by

Number of places up for 2019

Number of places up by 2021

I

General goals

1

Ease of Doing Business

World Bank

5-7

15-20

2

Global Competitiveness

World Economic Forum

3-5

5-10

3

Global Innovation

World Intellectual Property Organization

2-3

5-7

4

Logistics Performance

World Bank

5-10

5

Travel and Tourism Competitiveness

World Economic Forum

7-10

10-15

6

E-Government development

United Nations

10-15

(before 2021)

II

Specific goals for business environment improvement

7

Starting a Business

At least 5

20-25

8

Paying Taxes & Social Insurance

7-10

30-40

9

Dealing with Construction Permits

At least 1

2-3

10

Protecting Minority Investors

At least 5

14-19

11

Getting Electricity

3-5

5-7

12

Registering Property

5-8

20-30

13

Trading across Borders

3-5

10-15

14

Enforcing Contracts

At least 3

8-12

15

Resolving Insolvency

At least 3

10-15

III

Specific goals for competitiveness improvement

16

Burden of Government Regulation

At least 2

5 - 10 

17

Corruption Incidents

2-5

5-10

18

Quality of Land Administration

2-3

5-8

19

Infrastructure 

At least 1

3-5

20

ICT Adoption

At least 5

20-25

21

Quality of Vocational Training

At least 5

20-25

22

Market Capitalization

At least 5

10-15

23

R&D Expenditures

At least 2

6-10

24

Growth of Innovative Companies

At least 5

20-25

25

Companies Embracing Disruptive Ideas

At least 2

5-10



VGP 

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