However, the public has also raised concerns that these laws overlap with other laws, causing difficulties for both state agencies and enterprises.
Appointed to compiling the revised laws on investment and business, the Central Institute for Economic Management (CIEM) held a conference to collect opinions from the business community on August 11th.
At the event, representatives from local authorities and businesses brought about issues related complicated procedures for licensing investments that need to hire land.
After open discussions, experts and enterprises made a number of recommendations for the revised laws on investment and business, which stressed the needs for further simplification of procedures.
These contributions will be considered by CIEM in compiling the revised laws before submitting to the National Assembly in the coming time.
