Vietnam: Criteria for evaluation of investment efficiency of a public investment project

14:38, 06/01/2020

Recently, the Government of Vietnam issued Decree No. 01/2020/ND-CP on amendments to Decree No. 84/2015/ND-CP on supervision and assessment of investment.

Decree No. 01/2020/ND-CP of Vietnam’s Government supplements Clause 4 after Clause 3 Article 18 of Decree No. 84/2015/ND-CP on evaluation of investment efficiency of public investment projects. According to this regulation, investment efficiency of public investment projects shall be evaluated based on the following criteria:

- The level of achievement of investment objectives of the project according to the approved investment decision;

- Actual operation indexes of the project compared with those of approved projects;

- The economic internal rate of return (EIRR);

- Socio-economic impacts, environmental impacts, and other specific development objectives (such as poverty reduction, gender equality, households benefiting social policies, and priority entities);

- Adopted measures for minimizing negative social and environmental impacts.

View more amendments án supplements at: Decree No. 01/2020/ND-CP of Vietnam’s Government takes effect from January 01, 2020.

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

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Decree No. 01/2020/ND-CP

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