Unnecessary legal obligations removed for construction

by VTV422 July 2016 Last updated at 08:41 AM

VTV.vn - The Ministry of Construction has recently issued Decree 22 to remove several policies regarding investment into construction.

These policies addressed areas such as financial requirements, construction licensing and evaluation of construction skills. The authorities believed these to be over-complicated and sought to reduce regulatory pressure on the investors. This is in a bid to encourage businesses to invest and reenergize investment activity. With less unnecessary paperwork, the construction sector can now enjoy a more favourable investment environment.

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