Hanoi-Vietnam: The time limit for submitting documents on settlement of a completed project under Circular 32

16:22, 10/07/2024

On October 24, 2016, the Vietnam Ministry of Agriculture and Rural Development issued Circular 32/2016/TT-BNNPTNT stipulating the settlement of completed projects funded by state capital under the management of the Ministry of Agriculture and Rural Development.

The time limit for submitting documents on settlement of a completed project in Vietnam is calculated from the date of signing the handover minutes for use; the time for verification and approval is calculated from the date the verification agency receives full documents from the investor. The maximum time limit is specified as follows:

Unit: months

Project Type	Maximum time limit for submitting documents on settlement of projects for approval (including audit time)	Maximum time limit for verification and approval
Projects of national significance	09	07
Group A projects	09	04
Group B projects	06	02
Group C projects	03	01

The power to approve the settlement may be found in Circular 32/2016/TT-BNNPTNT effective from December 15, 2016.

- Thanh Lam -

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