Ms. Huynh Thi Ngoc Dao, Chief of Office of the Management Board of Ho Chi Minh City High-Tech Park (SHTP), announced that the park has been granted authorization to issue environmental permits, approve construction projects, and decentralize other procedures. Under Resolution 98, SHTP has been given the authority to handle licensing, appraisal, and approval of environmental impact reports as well as appraise and approve construction conditions for investment projects according to the 1/500 planning.
During a business meeting conference on April 16, Ms. Dao highlighted the re-establishment of an on-site one-stop mechanism for administrative procedures in project investment and construction processes. Previously, SHTP directly handled these tasks, but changes in specialized laws required their transfer to specialized agencies, causing delays in investment projects. The lengthy administrative procedures have impacted the progress of projects in the high-tech park, affecting the efficiency of investment in industries that require quick product development and market entry.
By implementing this on-site one-stop shop mechanism, SHTP aims to expedite project implementation particularly in key fields like semiconductor microchips, aerospace, and biotechnology. As SHTP works towards streamlining procedures for inspecting and sanctioning units violating environmental laws and resolving construction issues in the park, industry stakeholders such as Ms. Ho Thi Thu Uyen, Head of Ho Chi Minh City High-Tech Park Business Association see SHTP’s commitment to improving administrative procedures as crucial.
Streamlining on-site administrative procedures is seen as essential in enhancing management efficiency and competitiveness among high-tech zones in attracting investments. The changes in administrative procedures are highly anticipated by enterprises operating in the park as they aim to facilitate smooth project operations and increase overall efficiency.
In conclusion, SHTP’s move towards decentralization will help streamline processes for investing and constructing businesses within the park. With an on-site one-stop shop mechanism for administrative procedures and a commitment to improving efficiency through better regulation policies, SHTP is setting itself up for long term success within Vietnam’s rapidly growing technology sector.