What are regulations on approval decision on grant aid in Vietnam?

Nội dung chính

• What are regulations on grant aid approval decision in Vietnam?
• What are regulations on organization of management of grant aid programs or projects in Vietnam?

What are regulations on grant aid approval decision in Vietnam?

Pursuant to Article 11 of the Decree 80/2020/NĐ-CP stipulating grant aid approval decision in Vietnam as follows:

1. The approval decision includes the following main contents:

a) name of program, project, non-project;

b) Name of managing agency, grant aid owner; grant aid donor, co-donor of foreign grant aid;

c) Key objectives and results of the grant aid; the list of goods and objects for non-project grant aid.

d) Time and place of implementation;

dd) Total capital of the program, project or non-project grant aid (grant grant aid, counterpart fund); grant grant aid shall be managed and implemented by the grant aid recipient, and managed and implemented by the grant aid donor;

e) Financial mechanism applied to grant aid: belong to state budget revenue; or not belong to the state budget revenue.

g) Implementation management method.

2. Within 05 days from the date on which the competent authority issues a decision on approval for the grant aid, the managing agency shall notify the grant aid donor of the grant aid approval decision and concurrently send it to the Ministry of Planning and Investment, the Ministry of Finance and relevant agencies the approval decision of the managing agency for supervision and coordination.

What are regulations on organization of management of grant aid programs or projects in Vietnam?

Pursuant to Article 12 of the Decree 80/2020/NĐ-CP stipulating organization of management of grant aid programs or projects in Vietnam as follows:

Based on the scale, nature and specific conditions for implementing a program or project, the capacity of managing the program or project, the managing agency may decide to apply one of the forms of management below:

1. Using a subordinate specialized apparatus that is fully qualified, capable of managing and executing projects of a scale of under USD 200,000 (two hundred thousand US dollars).

2. Using an active management board to manage new programs and projects.

3. Establishing a separate management board for each program or project.

Best regards!