Logistics firms to enjoy swifter licensing process
26/10/2011 09:46 am
Laws - The Government issued Decree No 89/2011/ND-CP on October 10, amending Decree No 87/2009/ND-CP of October 2009 on the licensing of logistics businesses.
Under the new decree, the time limit for granting a business licence to an international transport business has been reduced from 10 working days to seven. The licence is valid for five years from the day it is granted. If the licence appplication is denied, the Ministry of Transport will make a written response within three working days clearly stating the reasons.
The decree takes effect on November 25.
Under the new decree, the time limit for granting a business licence to an international transport business has been reduced from 10 working days to seven. The licence is valid for five years from the day it is granted. If the licence appplication is denied, the Ministry of Transport will make a written response within three working days clearly stating the reasons.
The decree takes effect on November 25.
Source: VNS
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