Circular No. 107/2011/TT-BTC amends the provisions regarding the selection of banks to serve ODA projects, requiring the basis to be the list of banks published by the State Bank of Vietnam and the Ministry of Finance, with priority given to selecting banks with experience in this field. This Circular takes effect from September 1, 2011.
适用范围
The Ministry of Finance, commercial banks, agencies responsible for negotiating international treaties on ODA, foreign partners.
要点
- Based on the list of banks published by the State Bank of Vietnam and the Ministry of Finance, select banks to serve ODA projects.
- In cases where there are multiple banks meeting the conditions, prioritize the selection of banks with experience in this field, state-owned commercial banks, or joint-stock commercial banks controlled by the state.
- This Circular takes effect from September 1, 2011.
- There are no specific regulations concerning fees, ratios, thresholds, or deadlines related to the selection of banks to serve ODA projects.
- Conditions and procedures for selecting banks are not mentioned in this document.
🌐 本文件的社会影响
- Positive impact: Helps ensure transparency and fairness in the selection of banks to serve ODA projects.
- Negative impact: May cause difficulties for banks without experience or those not prioritized for selection.
❓ 常见问题
On what basis should banks serving ODA projects be selected?
Banks should be selected based on the list of qualified banks published by the State Bank of Vietnam in coordination with the Ministry of Finance and the proposal of commercial banks and agencies responsible for negotiating specific international treaties on ODA.
If there are multiple commercial banks meeting the conditions, how should the selection process proceed?
In cases where multiple commercial banks meeting the conditions propose to serve an ODA project, priority should be given to selecting banks with experience in this field, state-owned commercial banks, or joint-stock commercial banks controlled by the state.
When does this Circular take effect?
This Circular takes effect from September 1, 2011.
Are there any regulations concerning fees, ratios, or thresholds related to the selection of banks to serve ODA projects?
There are no specific regulations concerning fees, ratios, or thresholds related to the selection of banks to serve ODA projects in this document.
Which entities are responsible for implementing the bank selection process?
The responsibility for selecting banks lies with the agencies responsible for negotiating specific international treaties on ODA and the Ministry of Finance.
全文
CIRCULAR
Amending Point c, Clause 2, Article 1 of Circular No. 40/2011/TT-BTC dated March 22, 2011 of the Ministry of Finance amending and supplementing certain provisions
of Circular No. 108/2007/TT-BTCdated September 7, 2007 of the Ministry of Finance guiding the financial management mechanism
for official development assistance (ODA) programs and projects
__________________________
Pursuant to:
- Law on Public Debt Management;
- Decree No. 79/2010/NĐ-CP dated July 14, 2010 of the Government on public debt management operations;
- Decree No. 131/2006/NĐ-CP dated November 9, 2006 of the Government promulgating the Regulation on the management and use of official development assistance (ODA) sources;
- Decree No. 60/2003/NĐ-CP dated June 6, 2003 of the Government detailing and guiding the implementation of the State Budget Law;
- Decree No. 118/2008/NĐ-CP dated November 27, 2008 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;
- The guidance opinion of the Prime Minister in Official Letter No. 3497/VPCP-QHQT dated May 30, 2011 of the Government Office regarding the amendment of the content of Circular No. 40/2011/TT-BTC of the Ministry of Finance guiding the financial management mechanism for ODA programs and projects;
The Ministry of Finance amends Point c, Clause 2, Article 1 of Circular No. 40/2011/TT-BTC dated March 22, 2011 of the Ministry of Finance amending and supplementing a point of Circular No. 108/2007/TT-BTC dated September 7, 2007 of the Ministry of Finance guiding the financial management mechanism for official development assistance (ODA) programs and projects as follows:
Article 1. Amends Point c, Clause 2, Article 1 of Circular No. 40/2011/TT-BTC as follows:
"c) Selection of banks to serve:
- Based on the list of banks meeting the criteria to be serving banks published by the State Bank of Vietnam in coordination with the Ministry of Finance, and the proposal of commercial banks and the agency in charge of negotiating specific international treaties on ODA, such agencies shall consider and approve the selection of serving banks for ODA projects and notify the negotiating partners accordingly.
- In cases where multiple commercial banks meet the conditions and propose to serve the same ODA project, priority shall be given to the following banks: banks with experience in serving ODA projects; state-owned commercial banks; joint-stock commercial banks in which the state holds a controlling stake."
Article 2. Implementation:
1. This Circular takes effect from September 1, 2011.
2. During the process of implementation, if there are any difficulties, agencies are requested to promptly report to the Ministry of Finance for guidance and coordination in resolving them./.
DEPUTY MINISTER
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