While the revised Law on Public Investment is continuing to be perfected for submission to the National Assembly, within its reach, the Government of Vietnam has just decided to amend several regulations related to capital allocation and disbursement of medium-term and annual public investment capital in order to untangle and improve the efficiency of public investment.
Decree No. 120/2018/NĐ-CP of Vietnam’s Government was issued on September 13, 2018, amending a number of Articles of Decree No. 136/2015/NĐ-CP, of which typically is the regulation on procedures for issuing decision on guidelines for investment in group B and group C emergency projects funded by balanced local government budget.
Decree No. 120/2018/NĐ-CP of Vietnam’s Government was issued on September 13, 2018. One of the notable contents of this Decree is the regulation on procedures for issuing decisions on guidelines for investment in group B and group C emergency projects funded by the central government budget, which was previously specified in Decree No. 136/2015/NĐ-CP of Vietnam’s Government.
Investment in the form of Public-Private Partnerships (PPP) has become increasingly interesting when recently a series of projects on transport infrastructure, seaports, etc. have attracted private investors with investment capital up to tens of trillions of dong.
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