Information on capability and experience of bidders in Vietnam on the National Bidding System

Information on capability and experience of bidders in Vietnam on the National Bidding System (Illustration)

- General information about bidders in Vietnam;

- Data on annual financial statements;

- Information on contracts that have been implemented;

- Information on key personnel in Vietnam;

- Information on machinery and equipment;

- Information on the credibility of the bidder.

The Bidder shall actively update its capability and experience according to the provisions of the Vietnam tuber system and take responsibility before law for the accuracy of the information declared on the system.

In case the contractor makes the corrections on the system, the system will save all information before and after the bidders makes the corrections.

The information on the capability and experience of the bidder is verified by the digital signature of the bidder in Vietnam.

The bidders needs to attach documents to prove the authenticity of the capability, experience and attachments that will be stored and managed on the System in Vietnam.

Where bidders make untruthful declarations with a view to obtaining financial or other benefits or evading any obligation, they shall be considered fraudulent under Clause 4, Article 89 of the Bidding Law of Vietnam.

For the contents of the annual financial statements, in case the data on the financial statements on the System  has been updated from the Electronic Tax System in Vietnam and the National Information System on Business Registration, the Contractor is not required to declare the data on the financial statements.

For financial statement data from 2021 onwards, if the bidder detects that the system has not updated the data compared to the electronic tax system in Vietnam, the bidder shall modify the data to conform with the data reported to the tax authority, the system will save the revised versions of the bidder's information.

The new Circular 08/2022/TT-BKHĐT will become effective from 1st Oct 2021.

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