Under-the-table fees block Vietnam enterprises’ way

 vietnamnet – Last update 12:00 | 14/04/2017

VietNamNet Bridge – If embezzlement continues, breakthrough reforms initiated by local authorities will not bring the desired effects, Dang Dinh Dao from the Institute for Economics & Development Studies has said.

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VCCI, in its 2016 PCI report, pointed out that there are still many ‘big stones’ that block enterprises’ way, including lack of transparency, difficulties to access land, unfair environment and under-the-table fees.

State management agencies have established ‘one-stop-shop’ units to ease administrative procedures that people and businesses have to follow. However, the units still cannot help. Businesses still have to spend three months on procedures which can be completed in one month.

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