Vietnam’s regulations on expenditure on connection and digital data share of regulatory agencies

According to Decree No. 47/2020/NĐ-CP of Vietnam’s Government, with respect to expenditure on investing in infrastructure for connection and data share; platform for integrating and sharing data on a ministerial level, provincial level and national database, funding sources provided by central and local budgets must satisfy following requirements:

- Central budget shall ensure expenditure for ministries, ministerial agencies, governmental agencies and assist provinces with financial hardships;

- Local budget shall ensure expenditure for provinces receiving state budget or having drastic income; use remaining budget exceeding budget balance or other legal mobilized sources (if any);

- Prioritize and encourage investment in the form of cooperating with private sectors, especially hiring information technology services, utilize sources of investment economic sectors to develop systems, state budget shall pay for annual service rental.

With respect to individual tasks and projects of ministries, sectors and local governments (other than ministerial and provincial platforms for data integration and share):

- Ministries, sectors and local governments shall subtract from estimates to implement or hire information technology with respect to projects generating revenues or funding sources guaranteed by the revenues of the projects;

- With respect to provinces in mountain regions facing particular hardships, the central budget shall partially assist expenditure upon approval by competent authorities.

Decree No. 47/2020/NĐ-CP stipulates that expenditure on maintaining and operating connection and data share shall be included in estimates for management, operation and maintenance of information systems and databases and taken from annual concurrent expenditure of state budget depending on budget classification (expenditure on non-concurrent tasks, non-autonomous) of regulatory agencies.

View more details at Decree No. 47/2020/NĐ-CP of Vietnam’s Government, effective from May 25, 2020.

Le Hai

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