Vietnam: 03 funding sources for provision of waterway management and maintenance public services

14:53, 12/05/2020

Recently, the Minister of Transport of Vietnam issued Circular No. 10/2020/TT-BGTVT on order placement and bidding for provision of national inland waterway management and maintenance public services utilizing state budget from recurrent funding sources.

According to Circular No. 10/2020/TT-BGTVT of the Ministry of Transport of Vietnam, funding sources for provision of national inland waterway management and maintenance public services include:

kinh phi cung ung dv su nghiep cong quan ly, bao tri duong thuy, 10/2020/TT-BGTVT

- Recurrent state budget made in inland waterway economic services according to the Law on state budget.

- Fees to be spent for service provision and fee collection according to regulations and law on fees and charges.

- Other sources as per the law (if any).

Provision of inland waterway management and maintenance public services shall be determined by bidding except for the cases: Phase 1 disaster recovery and traffic circulation specified under Circular No. 12/2018/TT-BGTVT dated March 28, 2018 of the Minister of Transport on disaster prevention and counter in inland waterway shall be determined by order placement as per the law.

More details can be found in Circular No. 10/2020/TT-BGTVT of the Ministry of Transport of Vietnam, which takes effect from July 01, 2020.

Thu Ba

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