New Points on the Procedure for Developing the National Industrial Promotion Plan

23:31, 11/07/2024

The Ministry of Industry and Trade has just issued Circular 17/2018/TT-BCT on July 10, 2018, to stipulate some new points regarding the process of developing the national industrial promotion plan.

To be specific:

- The Department of Local Industry replaces the Department of Industry in reviewing and selecting projects and tasks according to the national industrial promotion plan registration list of localities, units, and the Regional National Industrial Promotion Centers, and additionally, proposes projects and tasks of the Department of Local Industry to consolidate the national industrial promotion plan for submission to the Ministry of Industry and Trade for consideration and summary into the state budget plan of the Ministry of Industry and Trade to be sent to the Ministry of Finance for compilation according to regulations.- Based on the decision to approve the national industrial promotion plan and the annual revenue and expenditure budget estimate of the Ministry of Industry and Trade, the Department of Local Industry announces the assignment of regular national industrial promotion tasks to units to organize implementation according to regulations. After obtaining the consensus on budget allocation from the Ministry of Finance, the Department of Local Industry announces the allocation of national industrial promotion funding plans to localities and units with projects to sign contracts and implement them.

See details at Circular 17/2018/TT-BCT effective from August 23, 2018.

-Thao Uyen-

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