Accordingly, Ha Noi will strive to maintain and exceed the business environment targets achieved in 2019, while remaining among the top 10 cities and provinces nationwide regarding the Provincial Competitive Index (PCI) this year.

The city will also work towards retaining the electronic business registration rate of 100% and the electronic tax declaration and payment rate of over 98%; making sure that 100% of tax refund dossiers are inspected in accordance with regulations and handled on schedule; maintaining the timescale of 14 days for asset ownership and use rights registration; and ensuring 100% of administrative procedures of departments, agencies and the People’s Committees of districts, towns, wards, communes and townships are provided online at levels 3 and 4.

In addition, Ha Noi will strive for 100% of schools, hospitals, power companies, water supply and drainage companies, environmental sanitation companies, and telecommunication and post companies in urban areas collecting tuition, hospital fees, and electricity and water bills via non-cash methods, through coordination with banks and organisations that provide intermediary services.

Ha Noi will proactively create a favorable business and investment environment for enterprises in coping with the COVID-19 pandemic, as well as in rehabilitating their investment, production and business activities after the disease is under control. Furthermore, the city will create motivations to strengthen investment attraction, both domestic and foreign investment, while preparing conditions to stand ready for new opportunities and the wave of shifting investment outside China, from countries which are signatories to the Viet Nam-EU Free Trade Agreement (EVFTA).

The municipal Department of Planning and Investment is tasked with providing advice and implementing measures to maintain and further promote the city’s performance in the Enterprise Support Services indicator, as well as to improve its Market Access indicator in the PCI.

By Vien Nhu