Circular No. 09/2016/TT-BTC
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- Vietnam: Late finalization of construction works shall be fined up to VND 100 million!
- 08:59, 11/05/2023
- Circular No. 09/2016/TT-BTC of the Ministry of Finance of Vietnam regulating state-funded projects, including: public investments, credit capital guaranteed by the Government, loans secured by the State’s assets and State-owned enterprises’ development investments.
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- Vietnam: How to settle the lump-sum contract when reducing the workload?
- 15:40, 13/07/2018
- Hong Ha Construction Investment and Design Consultancy Joint Stock Company (Hanoi) signed a contract for the construction of power supply items of the urban project with Trading Corporation in May 2017, in the form of a package contract. The project was implemented on schedule and according to the approved design.
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- Vietnam: Notes on finalization of completed projects funded with State capital
- 09:40, 21/05/2018
- Circular No. 09/2016/TT-BTC issued by the Ministry of Finance of Vietnam on January 18, 2016 shall be applied from March 05, 2016, which has specified some notes on finalization of completed projects funded with State capital.
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- Vietnam: Can the investor choose an audit contractor?
- 11:55, 14/09/2017
- Mr. Nguyen Nhu Duan asked for answers on the selection of a contractor to audit the final settlement of the completed project in case the contractor selection plan of the whole project has been approved by the investment decider, an audited bidding package is available.
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- Vietnam: Management and use of costs of verification and approval for financial statements
- 11:50, 08/09/2017
- Dear Ministry of Finance: Currently, according to the provisions of Circular 09 on finalization of completed state projects, the settlement verification agency is allowed to keep this revenue. However, the rate of deduction of remuneration for verifying officers in some units is very low or nonexistent, with the reason that they have received salaries from the state budget, so they are not allowed to make additional deductions, and integrate with the agency's funds. This affects the rights of the examiner. From the above fact, I would like to suggest that there should be a document or circular guiding the implementation to protect the rights of the examiner.
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