On October 01, 2018, the Government of Vietnam issued Decree No. 132/2018/ND-CP on amendments to a number of articles of Decree No. 16/2016/ND-CP. Notably, there are new points regarding the methods for management of a program/project funded by ODA.
Specifically, Decree No. 132/2018/ND-CP of Vietnam’s Government stipulates that program/project management shall be carried out according to the project document and the feasibility study report approved by a competent authority or a specific international treaty or agreement on ODA or concessional loan signed with the foreign donor. According to the scope, nature and conditions of the program/project, capacity of program/project management, the investment shall decide on either of the following methods:
- For a construction program/project: apply a management method that is conformable with regulations of law on construction project management.
- For other programs and projects:
+ Establishment of a new project management board;
+ Employment of the existing project management board to manage the new program/project;
+ Management by the project owner;
+ Full management of the program/project by the foreign donor;
+ Partial management of the program/project by the foreign donor.
- Partial or full management of the program/project by a third party.
More details can be found in Decree No. 132/2018/ND-CP of Vietnam’s Government, which takes effect from October 01, 2018.
-Thao Uyen-
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