Vietnam: 04 contents of supervision by the agency assigned to prepare the investment in public investment projects

15:29, 04/01/2020

Recently, the Government of Vietnam issued Decree No. 01/2020/ND-CP on amendments to Decree No. 84/2015/ND-CP dated September 30, 2015 of Vietnam’s Government on supervision and assessment of investment.

According to Clause 9 Article 1 of Decree No. 01/2020/ND-CP of Vietnam’s Government, the authority assigned to make the pre-feasibility study report shall monitor and inspect the entire process of formulation of the pre-feasibility study report and make a report on the following issues:

noi dung giam sat cua co quan duoc giao chuan bi dau tu du an dau tu cong, Nghi dinh 01/2020/NĐ-CP

- Formulation of the pre-feasibility study report;

- The process of appraisal and decision on the investment policy;

- Difficulties that arise during the formulation of the pre-feasibility study report and measures taken intra vires;

- Proposed plans for resolving difficulties and issues of ultra vires.

Besides, the agency assigned to make the feasibility study report shall monitor, inspect the formulation of the feasibility study report itself and make a report on the issues specified in Clause 2 Article 27 of Decree No. 84/2015/ND-CP of Vietnam’s Government:

a) Formulation of the feasibility study report;

b) The process of appraisal and approval of the feasibility study report;

c) Difficulties that arise during the formulation of the feasibility study report and measures taken;

d) Proposed plans for resolving difficulties and issues beyond the agency’s competence.

View relevant provisions at Decree No. 01/2020/ND-CP of Vietnam’s Government, effective from January 01, 2020.

Thu Ba

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