Business registration applications in Ho Chi Minh City that are not processed by relevant departments within two days will be automatically approved, vice chairman Tran Vinh Tuyen said as the city steps up its commitment to facilitating a favorable business environment.
Business registrations submitted to district administrations or the municipal Department of Planning and Investment should be forwarded within one day of their submission to relevant Departments for review, the vice chairman said.
Business registrations in the lodging and tourism sectors are to be reviewed by the Department of Tourism; massage services by the Department of Health; karaoke bars and dance clubs by the Department of Culture and Sports; and petroleum and chemical-related businesses by the Department of Industry and Trade.
The respective departments are to approve or reject the applications within two working days.
Should no response be given during that period, the registration is considered approved and the Department of Planning and Investment or district administrations will then be authorized to license the business.
The departments in charge of reviewing business registrations will be held accountable by the municipal People’s Committee for their approval, Tuyen said.
Source: Tuoitrenews.vn
Key words: Ho Chi Minh City, to impose, two-day rule, business registration processing
