Vietnam’s new regulations on reporting of projects funded by ODA

10:39, 31/01/2019

This is a notable content specified in Circular No. 08/2018/TT-BKHDT on amendments and supplements to periodic reporting regulations of several circulars under the state management of the Ministry of Planning and Investment of Vietnam.

According to Vietnam’s new regulations, reporting the use of ODA or concessional loan by the project owner shall be carried out as follows:

Biannual reports and annual reports:

- Biannual reports and annual reports shall be prepared for all programs and projects.

- Within 10 days after the end of each June and 20 days after the end of the year, the project owner shall submit a biannual report and an annual report on the program/project execution to the governing body, the Ministry of Planning and Investment, the Ministry of Finance, relevant Ministries and the People’s Committee of the province where the program/project is executed, the foreign sponsor, and update it on the public investment information system of the Ministry of Planning and Investment.

Assessment report before commencement

- An assessment report shall be prepared before commencement of every program/project.

- The project owner shall send the assessment report 15 days before the commencement date and update it on the public investment information system of the Ministry of Planning and Investment.

Assessment report upon project adjustments

- An assessment report upon project adjustments shall be prepared upon adjustments to any program/project.

- The project owner shall send the assessment report before the date the project is adjusted and update it on the public investment information system of the Ministry of Planning and Investment.

Program/project completion report

- A program/project completion report shall be prepared upon completion of any program/project.

- Within 06 months from the completion date of the program/project, the project owner shall send a completion report and update it on the public investment information system of the Ministry of Planning and Investment.

View full text in Circular No. 08/2018/TT-BKHDT of the Ministry of Planning and Investment of Vietnam, which takes effect from February 11, 2019.

- Thanh Lam -

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