Plan to request funding from Vietnam Environmental Protection Fund according to Circular No. 12/2017/TT-BTC

Circular No. 12/2017/TT-BTC of the Ministry of Finance of Vietnam on the procedures for provision of funding for equipment of environmental protection projects was issued on February 10, 2017. A notable content of this Circular is the regulation on planning to request funding, according to which the Project Investor shall submit the first application for funding, including:

Thông tư 12/2017/TT-BTC hướng dẫn trình tự, thủ tục hỗ trợ vốn đầu tư thiết  bị của dự án triển khai ứng dụng sáng chế bảo vệ môi trường do Bộ trưởng

1. The application form, including information on:

- The project investor;

- Project:

+ Project Name;

+ Project location;

+ Total investment;

+ Total value of equipment used in the project;

+ Commencement and completion time of the project;

+ Beginning and ending time of test run, when the project satisfies all conditions for normal operation.

+ Funding duration (year);

+ Requested amount of funding.

2. Approval decision or the Investment Registration Certificate, enclosed with project dossier.

3. The Patent for Inventions or Patent for Utility Solution applied in the Project (authenticated copies).

The above three documents shall be sent one time. In case of adjustments to the project, Project Investor shall submit additional documents.

On the basis of the first application provided above, Vietnam Environmental Protection Fund shall follow the instructions in Section a, Clause 2, Article 7 Decision No.78/2014/QD-TTg and instructions in Section b, Clause 3, Article 17 Circular No.132/2015/TT-BTC.

View more: Circular No. 12/2017/TT-BTC of the Ministry of Finance of Vietnam takes effect from March 27, 2017.

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