3 Prohibited Acts in the Utilization of Non-refundable Aid not Classified as ODA

Nguyen Trinh

14:13, 10/07/2024

The Government of Vietnam has issued Decree 80/2020/ND-CP on the Management and Utilization of Non-refundable Aid Not Part of Official Development Assistance from Foreign Agencies, Organizations, and Individuals for Vietnam.

Prohibition of the Following Three Acts in the Use of Non-Refundable Aid, Not Part of Official Development Assistance (ODA) Provided by Foreign Agencies, Organizations, and Individuals for Vietnam:

- Using aid for the purposes of money laundering, terrorism financing, tax evasion, infringing upon national security and social order and safety, destroying the great national unity; violating social ethics, customs, traditions, and national cultural identity;- Using aid to seek profit sharing, personal gain, not for humanitarian purposes, socio-economic development, not for community benefits;- Acts of corruption, causing loss and wastefulness in the management and use of aid.

Details can be found in Decree 80/2020/ND-CP, effective from September 17, 2020.

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