Vietnam: Contents of an appraisal of sponsorship of small and medium enterprises development fund

According to Article 8 of the Circular No. 08/2020/TT-BKHĐT of the Ministry of Planning and Investment of Vietnam, main contents of an appraisal report of documentation on sponsorship, contribution, or trust include:

- The compliance with applicable regulations and laws of the data, arguments, calculations and proposals stated in the appraised documentation.

- The feasibility of the sponsorship, contribution, or trust.

- The reasonableness of the use of the sponsorship, contribution, or trust for the activities of the Fund.

- Inadequacies, issues, approaches, actions taken, agencies in charge and time limit for actions.

- Commitments in case of changes to the policies, variations in procedures for receipt and use of the sponsorship, contribution, or trust, requirements and conditions of the sponsor, contributor, or trustee (if any).

- Capacity for initiation and management (including the financial capacity) of the Fund.

- Efficiency, feasibility to apply implementation results to practice and sustainability of the use of the sponsorship, contribution, or trust.

- Opinions that reach a consensus and remain in conflicts between the parties.

- Proposals for the Fund to receive and use the sponsorship, contribution, or trust.

- Time limit for completing the documentation on the sponsorship, contribution, or trust.

- Information about the operation registration/business registration and legal status (if the sponsor, contributor, or trustor is a corporate), or valid information about the individual (if the sponsor, contributor, or trustor is an individual) in Vietnam.

Note: In the course of the appraisal, the appraising agency may request the competent authority to seek consultation from relevant agencies. The agencies involved in the appraisal shall take legal liability for the appraisal contents under their scope of management.

View more details at the Circular No. 08/2020/TT-BKHĐT of the Ministry of Planning and Investment of Vietnam, effective from January 15, 2021.

Le Vy

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