THE PRIME MINISTER
--------
No. 32/CT-TTg
SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
----------------
Hanoi, December 07, 2012
 
DIRECTIVE
ON THE REMOVAL OF THE BARRIERS AND THE COMPLETION OF MECHANISMS AND POLICIES ON IMPROVING THE INVESTMENT EFFICIENCY
During the past years, the investment and the raise of investment efficiency has achieved important results, boosted the production and export, raised the science and technology, developed infrastructure, created employments and generate incomes for employees, created new production capacity for the economy, contributed to the achievement of socio-economic development target that was set out. However, the efficiency of investment during the past period is not high, and has not created enough motives to boost the economic growth and macroeconomic stability, one of the main reason is some barriers derived from the economic structure, the system organization and economic management, the input elements of production, and the organization of the State management mechanism have affect the growth of investment efficiency.
Reviewing and discarding the formalities and regulations that obstruct the fulfillment of the requirements for intensifying the attraction and efficient use of investment capital for the economy are the tasks given to Vietnam recently. The Prime Minister request the Ministries, ministerial-level agencies, the agencies affiliated to the Government, or the central agencies, People’s Committees of central-affiliated cities and provinces, the economic corporations, state-owned general companies, shall in one hand organize the implementation of mechanism, policies, and solutions related to investment and the raise of investment efficiency, on the other hand reviewing and discarding the unsuitable regulations that obstruct the attraction and efficient use of investment resources of Vietnam; and implement the following solutions:
1. The Ministry of Planning and Investment shall lead and cooperate with other Ministries, agencies and local authorities in:
a) Summarizing and assessing the implementation of the 10th Central Resolution 6, on the completing the market economy during the integration into the world's economy, and send report to the Government in Q4 2013.
b) For the projects of investment funded by the State budget, Government bonds, and national target programs: