Content and Expenditure Levels for Implementing the National Investment Promotion Program

The content and levels of support for the National Investment Promotion Program are detailed in Article 5 of Circular 31/2013/TT-BTC. The content expenditures include the expenses for the contents of the national investment promotion program as stipulated in Article 3, Chapter I of the Regulations on the development and implementation of the national investment promotion program issued together with Decision 26/2012/QD-TTg issued on June 8, 2012, by the Prime Minister of the Government of Vietnam, specifically:

Illustrative image (source: internet)

First: Support 100% of expenses for the contents regulated at Points a, b, c Clause 1, Clause 2, Point a Clause 3, Point b Clause 4, Points a and b Clause 5, Article 3 of the Regulations on the development and implementation of the national investment promotion program, including:

- Propaganda and publicity about Vietnam's investment environment- Formulation of orientations, policies, and strategies for investment promotion- Organizing investment promotion campaigns in key locations abroad by themes and fields to attract foreign direct investment to Vietnam and promoting investment by Vietnamese enterprises abroad in certain appropriate fields- Training investment promotion officers belonging to Ministries, sectors, and the People's Committees of provinces and centrally affiliated cities, Management Boards of economic zones, industrial parks, export processing zones, and high-tech zones through organizing survey trips, learning, and exchanging experiences with successful investment promotion organizations worldwide.- Other activities

Second: Support up to 70% of expenses for contents regulated at Point b, Clause 3, Article 3 of the Regulations on the development and implementation of the national investment promotion program for organizing investment promotion conferences and seminars in-country by regions, fields, and sectors aiming to attract investment into key economic sectors, regions, and sectors. For units invited to participate in conferences and seminars, support is provided for only 1 person/unit.

Third: For Point d, Clause 1, Point a, Clause 4, and Point c, Clause 5, Article 3 of the Regulations on the development and implementation of the national investment promotion program, the level of financial support is as regulated in Clause 3, Article 5 of Circular 31/2013/TT-BTC.

Fourth: For other investment promotion activities according to the Decision of the Prime Minister of the Government of Vietnam, the level of support follows the Decision of the Prime Minister of the Government of Vietnam and the provisions of this Circular.

More details can be found in Circular 31/2013/TT-BTC which takes effect from May 5, 2013.

Tue Ba

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