Circular No. 07 TC/TT on the handling of funds for socialist transformation work concerning private capitalist commerce and industry in the South.

This Circular stipulates the funds for socialist transformation work concerning private capitalist commerce and industry in the South, including expenditures such as salaries, allowances, collective welfare, health and hygiene, social insurance, administrative fees, operational expenses, procurement of equipment and furnishings, and transformation business operations. The funds are allocated from the State budget or the administrative budgets of Ministries and General Departments.

文号07 TC/TT
文件类型Circular
发布机关Ministry of Finance
签署人Đào Thiện Thi — Thứ trưởng
更新02/07/2026
行业Finance
领域Corporate Finance
发布日期28/05/1977
生效日期28/05/1977
失效日期
状态In effect
✦ 智能摘要

This Circular stipulates the funds for socialist transformation work concerning private capitalist commerce and industry in the South, including expenditures such as salaries, allowances, collective welfare, health and hygiene, social insurance, administrative fees, operational expenses, procurement of equipment and furnishings, and transformation business operations. The funds are allocated from the State budget or the administrative budgets of Ministries and General Departments.

适用范围

Central Reform Committee for Private Capitalist Commerce and Industry, Ministries, General Departments, cities, and provinces.

要点

  • The funds of the Central Reform Committee for Private Capitalist Commerce and Industry are covered by the central State budget and directly provided by the Ministry of Finance.
  • The funds of the Reform Committees for Private Capitalist Commerce and Industry under Ministries and General Departments are included in the administrative expenditure budget of those Ministries and General Departments.
  • The funds of the Reform Committees for Private Capitalist Commerce and Industry in cities and provinces are covered by the city and provincial budgets.
  • The funds for the year 1977 must be prepared and submitted to the Ministry of Finance (Ministries, General Departments) or local Financial Departments (localities).
  • The estimated funds include: salaries, salary allowances, collective welfare, health and hygiene, social insurance, social work, administrative fees, operational expenses, procurement of equipment and furnishings, and transformation business operations.

🌐 本文件的社会影响

  • Positive impact: Ensuring funds for socialist transformation work, supporting the activities of Reform Committees.
  • Negative impact: Financial burden on the State budget and Ministries, General Departments.

❓ 常见问题

Where does the funding for the Central Reform Committee for Private Capitalist Commerce and Industry come from?

The funds of the Central Reform Committee for Private Capitalist Commerce and Industry are covered by the central State budget and directly provided by the Ministry of Finance.

What types of funds need to be budgeted according to this Circular?

For the year 1977, funds must be prepared and submitted to the Ministry of Finance (Ministries, General Departments) or local Financial Departments (localities). From 1978 onwards, budgets must be prepared according to the general system and consolidated into the budget of their respective sectors or localities.

How many types of funds are specified in this Circular?

This Circular specifies ten types of funds: salaries, salary allowances, collective welfare, health and hygiene, social insurance, social work, administrative fees, operational expenses, procurement of equipment and furnishings, and transformation business operations.

Under which regulations are these funds expended?

Expenditure of these funds must comply with the Administrative Fund Management Regulation No. 74-CP dated December 24, 1960 issued by the Prime Minister and the Circular guiding implementation No. 11-TC/HCP dated June 17, 1961 issued by the Ministry of Finance.

Who will provide guidance when there are issues?

During implementation, if any obstacles arise, relevant departments at all levels should report to the Ministry of Finance for additional guidance.

全文

MINISTRY OF FINANCE

 

SOCIALIST REPUBLIC OF VIETNAM

Independence - Freedom - Happiness

------------------------------

Number: 07 TC/TT

Hanoi, May 28, 1977

CIRCULAR

Regarding the funding for socialist transformation work for private capitalist commerce and industry in the South

________________________

Implementing Directive No. 232-CT/TW dated August 27, 1976 of the Central Committee's Secretariat on the work of socialist transformation for private capitalist commerce and industry in the South;

After reaching consensus with the Central Committee for the Transformation of Private Capitalist Commerce and Industry;

The Ministry of Finance stipulates the expenditure for the various levels of Transformation Committees as follows:

- The budget for the Central Committee for the Transformation of Private Capitalist Commerce and Industry shall be funded from the central state budget and directly allocated by the Ministry of Finance.

- The budgets for the Transformation Committees of Private Capitalist Commerce and Industry under Ministries, General Departments...shall be included in the administrative expenditure budget of those Ministries, General Departments.

- The budgets for the Transformation Committees of Private Capitalist Commerce and Industry at city and provincial levels shall be funded from the city and provincial budgets.

For the 1977 budget, sectors and levels that have not yet prepared their annual budget plans need to prepare them now and submit them to the Ministry of Finance (Ministries, General Departments) or the Financial Departments (localities).

Starting from 1978 onwards, the Central Committee for the Transformation of Private Capitalist Commerce and Industry, as well as the Transformation Committees of Private Capitalist Commerce and Industry under Ministries, General Departments, cities, and provinces must prepare their budget plans according to the general system and incorporate them into their respective sectoral or local budgets to be submitted to the Ministry of Finance.

The projected budget for the various levels of Transformation Committees includes:

- Salary expenses

- Allowance expenses

- Collective welfare expenses

- Health and hygiene expenses

- Social insurance expenses

- Social work expenses

- Administrative expenses

- Travel expenses

- Equipment and furniture purchase expenses

- Transformation work expenses

- Living expenses and welfare for cadres attending training

All such expenditures must comply with the Administrative Budget Management Regulations No. 74-CP dated December 24, 1960 of the Government Chairman and the Circular guiding implementation No. 11-TC/HCP dated June 17, 1961 of the Ministry of Finance, and the State Budget Classification.

Any difficulties encountered during implementation should be reported to the Ministry of Finance for further guidance.

THE MINISTER OF FINANCE

DEPUTY MINISTER

(Signed)

Dao Thien Thi

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关系图

07 TC/TT
Circular No. 07 TC/TT on the handling of funds for socialist transformation work concerning private capitalist commerce and industry in the South.
In effect

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