Guiding the procedures for investment in an information technology application project in Vietnam

10:01, 08/09/2019

Recently, the Government of Vietnam has officially issued Decree No. 73/2019/NĐ-CP on management of state investment in information technology application.

According to Decree No. 73/2019/NĐ-CP of Vietnam’s Government, procedures for investment in an information technology application project comprise the following phases:

- Investment preparation;

- Investment realization;

- Investment completion.

trinh tu dau tu du an dau tu ung dung CNTT, Nghi dinh 73/2019/NĐ-CP

To be specific:

- Tasks in the investment realization and investment completion phases may be carried out in order or alternatively depending on the specific conditions of each project and confirmed by the investment decision maker.

- It is encouraged to execute mixed contracts for projects on build, development, upgradation and expansion of internal-use software. Depending on each project’s characteristics and size, the investment decision maker shall consider and decide on suitable contracts and be answerable to the law for the project’s efficiency.

- If a mixed contract is carried out, the project shall be executed under the contract.

- Contractor selection and contract negotiation and conclusion shall comply with the regulations of the law on bidding and relevant legal documents.

View other provisions at Decree No. 73/2019/NĐ-CP of Vietnam’s Government, effective from January 01, 2020.

Thu Ba

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