SBV continues to cut administrative procedures, creating favorable conditions for businesses in 2025

Accordingly, the plan aims to immediately cut and simplify administrative procedures related to production and business activities, ensuring the abolition of at least 30% of unnecessary investment and business conditions; reducing at least 30% of the processing time of administrative procedures, and 30% of the cost of complying with administrative procedures. In addition, 100% of administrative procedures related to enterprises are carried out online, smoothly, seamlessly, effectively, ensuring transparency, and minimizing paperwork. In addition, decentralization and delegation of authority in handling administrative procedures under the management of the State Bank are promoted. 100% of internal administrative procedures between the State Bank and state administrative agencies and internal administrative procedures within the State Bank are reviewed, procedures, processing time, implementation costs are reduced, and amended and perfected to be consistent with the implementation of streamlining and restructuring the apparatus, while ensuring smoothness and efficiency.

Headquarters of the State Bank

The Governor requests that the Heads of units under the State Bank of Vietnam be responsible for organizing the implementation to ensure the timely completion of the tasks assigned in the plan issued with the decision. The State Bank Office is responsible for taking the lead in implementing and urging the implementation of the plan; reporting to the Governor of the State Bank of Vietnam on necessary measures to ensure the effective completion of the plan. In the process of implementing the tasks, if there are any difficulties or problems, the units should promptly report to the Office for synthesis and reporting to the Governor for direction and handling.

Source: https://thoibaonganhang.vn/nhnn-tiep-tuc-cat-giam-thu-tuc-hanh-chinh-tao-thuan-loi-cho-doanh-nghiep-trong-nam-2025-162747.html