Vietnam: 04 main funds for operations and development of web portals

According to Article 25 of Decree No. 43/2011/NĐ-CP of Vietnam’s Government, funds for operations and development of web portals come from:

1. The state budget:

- Funds for web portals of state agencies shall be included in annual budget estimates by spending area of these agencies. Funds for web portals of central agencies and units come from the central budget. Funds for web portals of local agencies and units come from local budgets in accordance with the current law on state budget decentralization;

- Funds for training and retraining staff of web portals shall be included in annual budget estimates of agencies for training and retraining cadres and civil servants under their management.

2. Lawful revenues which are permitted to be kept by agencies and units for use under law;

3. Aid and official development assistance from donors;

4. Other lawful funding sources under law.

Managing agencies shall annually estimate funds for web portal operations for reporting to superior managing agencies. Superior managing agencies shall consider and summarize these estimates for reporting to finance agencies of the same level for fund allocation.

Moreover, based on managing agencies' funding capacity, their heads shall set specific spending levels for information creation and royalty payment in accordance with current state regulations, specifically as follows:

- Remunerations and royalty for the provision of information on web portals comply with the royalty regime under current regulations.

- Spending levels for the creation, conversion and digitalization of information for web portals comply with the Ministry of Finance's guidance on spending levels for e-information creation.

View details at Decree No. 43/2011/NĐ-CP of Vietnam’s Government, effective from October 01, 2011.

Thuy Tram

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