= Doing Business reform making it easier to do business.
= Doing Business reform making it more difficult to do business.
DB2013:
Starting a Business:
Vietnam made starting a business easier by allowing companies to use self-printed value added tax invoices.
DB2012:
Protecting Investors:
Vietnam strengthened investor protections by requiring higher standards of accountability for company directors.
DB2011:
Starting a Business:
Vietnam eased company start-up by creating a one-stop shop that combines the processes for obtaining a business license and tax license and by eliminating the need for a seal for company licensing.
Dealing with Construction Permits:
Vietnam made dealing with construction permits easier by reducing the cost to register newly completed buildings by 50% and transferring the authority to register buildings from local authorities to the Department of National Resources and Environment.
Getting Credit:
Vietnam improved its credit information system by allowing borrowers to examine their own credit report and correct errors.
DB2010:
Paying Taxes:
Vietnam has relieved the tax burden on business by reducing both the corporate income tax and the value added tax, and eliminating the surtax on income from the transfer of land use.
Trading Across Borders:
Increasing competition in the logistics industry along with application of new customs administration procedures as part of the WTO membership reform program have reduced delays to trade in Vietnam.
DB2009:
Getting Credit:
The public credit registry in Vietnam extended the historical credit information distributed from 2 to 5 years, partially explaining a 32% increase in coverage to more than 8 million individuals and firms.
DB2008:
Getting Credit:
Vietnam expanded the range of assets that can be used as collateral and allowed them to be generically described.
Protecting Investors:
Vietnam strengthened investor protections by increasing disclosure requirements in regular transactions and in case of related-party transaction.