Vietnam: Procedures for selection of a program/project funded by grant ODA proposal

09:23, 08/09/2016

This content is specified in Circular No. 12/2016/TT-BKHDT of the Ministry of Planning and Investment of Vietnam, which was issued on August 08, 2016.

According to Circular No. 12/2016/TT-BKHDT of the Ministry of Planning and Investment of Vietnam, procedures for selection of a program/project proposal regarding a program/project funded by grant ODA within the authority to decide by the Prime Minister are specified as follows:

- The governing body shall send a sponsorship proposal and the program/project proposal to the Ministry of Planning and Investment. The proposal shall be made into 08 bilingual (Vietnamese and English) copies which bear the governing body’s seal.

- Within 05 working days from the receipt of valid documents, the Ministry of Planning and Investment shall seek opinions from the Ministry of Finance and relevant authorities according to the criteria as prescribed by regulations.

- After opinions from relevant authorities are collected and the documents are not satisfactory, the Ministry of Planning and Investment shall request, in writing, the governing body to complete them. The Ministry of Planning and Investment shall send a written notification to the governing body whose proposal is selected in order for it to cooperate with the foreign sponsor in preparing the pre-feasibility study report or report on proposal of investment guidelines.

More details can be found in Circular No. 12/2016/TT-BKHDT of the Ministry of Planning and Investment of Vietnam, which takes effect from September 22, 2016.

-Thao Uyen-

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