the Government of Vietnam promulgates Decree 122/2017/ND-CP stipulating specific contents regarding financial management mechanisms and performance evaluation for lottery businesses; Stock Exchange and Vietnam Securities Depository.
In addition to the financial and statistical reports prepared and submitted to the state management agencies, on a periodic basis (quarterly, annually), lottery businesses must also prepare and submit the following reports:
- Report on business operations;- Report on ticket consumption;- Report on the status of debt terms and ensuring payment obligations of lottery agents;- Report on the payment of commissions to lottery agents and authorized prize payments by lottery agents;- Report on the management and use of state capital and assets;- Report on the actual revenue arising in each province and city where computerized lottery tickets are issued and the allocation and submission of budget to the provinces engaged in the computerized lottery business by Vietlott.
See detailed report templates at Decree 122/2017/ND-CP, effective from January 1, 2018.
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