Guideline on Investment, Construction, and Procurement of Fixed Assets in Inspection Activities

The Ministry of Finance promulgates Circular 49/2018/TT-BTC guiding the financial management mechanism for the Vietnam Register.

The investment, construction, procurement of fixed assets to meet the activities of providing inspection services shall be implemented according to the provisions of Article 24 of the Law on Management and Use of State Capital Invested in Production and Business in Enterprises.

In which:

- For the investment, procurement of fixed assets conducted by the Vietnam Register, the construction investment process must comply with the provisions of the construction law, the bidding law, and other relevant legal regulations;- For the investment, procurement of external fixed assets brought into use, the Vietnam Register must comply with the provisions of the bidding law and other relevant legal regulations;- For the investment, procurement, and use of means of transportation for work purposes for leadership positions and general work purposes, the Vietnam Register must ensure that the procurement and use standards and norms are met, ensuring transparency, saving, efficiency according to current regulations.

See additional related regulations in Circular 49/2018/TT-BTC effective from July 6, 2018.

- Thanh Lam -

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