New Text Notification

Information on the investor selection plan for land-using projects in Vietnam

Võ Ngọc Nhi

09:46, 12/07/2022

Recently, the Minister of Planning and Investment of Vietnam issued Circular 10/2022/TT-BKHĐT detailed regulations the provision, posting of information and investor selection on the national bidding network system.

According to the Circular, information on the investor selection plan for land-using projects in Vietnam is specified as follows:

- Time of posting:

Information about the plan for invester selection plan or investor will be posted on the System within 07 working days from the date on which these documents are issued.

(Compared to Vietnam's Circular 11/2019/TT-BKHDT, 07 days from the date the investor selection plan is "issued" instead of "approved").

Basic information about the project is posted at the same time as the investor selection plan .

Attachments:

The procuring entity must attach the decision on approval for the investor selection plan during the process of posting the plan.

In case of adjustment or modification of the investor selection plan, the procuring entity must update and attach the Decision approving the adjustment or amendment to the System before posting the bidding notice.

(Compared to Vietnam's Circular 11/2019/TT-BKHDT, there is no regulation on cases for correcting information while posting of investor selection results on the system)

Circular 10/2022/TT-BKHDT takes effect from August 1, 2022 in Vietnam.

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