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Official Gazette

Tuesday, September 22, 2020
Tags: public investment projects
Law on Public Investment Law on Public Investment
Consisting of six chapters with 101 articles, the 2019 Law on Public Investment provides the state management of public investment and the management and use of public investment funds. It also defines the rights, obligations and responsibilities of agencies, units, organizations and individuals involved in public investment activities.
New regulation gives clearer policies for construction cost management of public projects New regulation gives clearer policies for construction cost management of public projects
State-funded projects will be subject to the new rule on management of construction investment costs, reads a decree recently issued by the Government.
Lawmakers debate funding regulations for public works Lawmakers debate funding regulations for public works
The seventh session of the 14th National Assembly (NA) on May 28 received split opinions on whether the NA or the Government should have the authority to set the amount of capital allocated to each State budget-invested project in the mid-term plan.
One-month NA meeting to kick off on May 20 One-month NA meeting to kick off on May 20
The seventh session of the 14th National Assembly (NA) would kick off on May 20 and wrap up on June 14 to discuss legislation, vice chairman of NA office Nguyen Manh Hung told the press on May 17.
NA Standing Committee opens sixth session NA Standing Committee opens sixth session
The State’s responsibility for compensating those who’ve been wrongfully convicted was the hot topic at the National Assembly (NA) Standing Committee's sixth session that opened on January 9 in Hanoi.
Government determines to accelerate disbursement of public investment capital Government determines to accelerate disbursement of public investment capital
A series of drastic measures will soon be applied in order to accelerate disbursement of capital for public investment projects.
New Law on Public Investment New Law on Public Investment
Taking effective on January 1 this year, the Public Investment Law (the Law) aims to improve the effectiveness of public investment management in line with international practices.
Public investment projects may take PPP form Public investment projects may take PPP form
Public investment projects using state budget funds or government bonds will likely be allowed to be implemented in the form of public-private partnership (PPP).
Draft decree tightens supervision over FDI projects Draft decree tightens supervision over FDI projects
The supervision over foreign-invested projects in Vietnam would be tightened, if a Ministry of Planning and Investment-drafted decree is approved.
Control over outstanding debt settlement in capital construction to be tightened Control over outstanding debt settlement in capital construction to be tightened
All outstanding debts in capital construction arising after December 31, 2014, would be settled in accordance with the law on public investment and current regulations.

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