Funding Sources of the Vietnam Chamber of Commerce and Industry (VCCI)

Le Trang

10:17, 11/07/2024

The Ministry of Finance of Vietnam has promulgated Circular No. 133/2015/TT-BTC guiding the financial management mechanism for the Vietnam Chamber of Commerce and Industry.

Sources of Funding for Vietnam Chamber of Commerce and Industry (VCCI) include:

1. Operating Capital of VCCI includes:

- Capital allocated from the state budget during operational processes; state capital received from other sources; the value of assets attached to the land and other items calculated as state capital according to legal regulations.

- Supplementary capital from annual operational results according to regulations.

- Other types of capital as per current legal provisions.

2. VCCI is allocated annual operating expenses from the state budget for the following purposes:

- Ensuring operational expenses of the Committee specializing in relations with Taiwan.

- Supporting expenses for promotional activities.

- Supporting operational and investment expenses for constructing physical facilities.

- Other activities that the state budget ensures or supports financially.

Details are available at Circular 133/2015/TT-BTC effective from October 20, 2015.

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