Guidelines on Procedures for Controlling Foreign Capital Expenditures through the State Treasury

08:39, 10/07/2024

Recently, the Government of Vietnam promulgated Decree 11/2020/ND-CP stipulating administrative procedures in the field of State Treasury.

This Decree guides the procedures for controlling foreign capital expenditure through the State Treasury, which can be carried out in one of the following ways:

- Submit documents and receive results directly at the State Treasury headquarters;- Submit documents and receive results through the State Treasury's Public Service Information Portal in case the unit participates in electronic transactions with the State Treasury.

The submitted dossier includes the initial project dossier (submitted once when transacting for the first time with the State Treasury or when there are arising, adjustments, supplements) and the advance payment and settlement dossier (submitted each time there is a request for advance payment, settlement). The quantity of dossiers is carried out in accordance with the provisions of Clause 11 Article 8 of Decree 11/2020/ND-CP (in case of investment expenditure) or Clause 11 Article 7 Decree 11 (in case of non-business expenditure).

See detailed procedures for implementation at: Decree 11/2020/ND-CP effective from March 16, 2020.

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