Circular No. 28/TC-HCVX on managing state budget funds for the Radio and Television industry – 28/TC

CIRCULAR

Guidelines for Managing State Budget Funds Invested in the Radio and Television Industry

To strengthen financial management within the national radio and television system. Based on Decrees No. 52/CP and 53/CP dated August 16, 1993 of the Government regarding the functions, tasks, powers, and organizational structure of Vietnam Television and Voice of Vietnam, after reaching agreement with Voice of Vietnam (Document No. 69/ĐFT dated February 4, 1994) and Vietnam Television (Document No. 40/THVN dated January 31, 1994), the Ministry of Finance provides guidelines for managing state budget funds invested in the radio and television system as follows:

I - GENERAL PROVISIONS:

1\. Annually, Voice of Vietnam and Vietnam Television shall cooperate with the Ministry of Finance and the State Planning Committee to develop the entire industry's radio and television state budget plan, including the budgets of central stations and local radio and television stations, to be submitted to the Government.

2\. Voice of Vietnam, Vietnam Television, and local radio and television stations are responsible for effectively managing and utilizing the investment funds for the radio and television industry and reporting their usage to the Ministry of Finance and the Provincial Financial and Price Departments for monitoring disbursement and inspection. All income and expenditures of the radio and television industry must be managed and reflected in the state budget system.

3\. Based on the annual state budget indicators decided by the National Assembly and announced by the Government, the Finance Sector will fully and promptly allocate funds to Voice of Vietnam, Vietnam Television, and provincial and municipal radio and television stations, as well as district and county broadcasting stations.

Specifically, for expenditures under the radio and television industry's target programs (if approved by the Prime Minister), managed by the Central Budget, based on the unified distribution plan agreed upon at the beginning of the year between Voice of Vietnam, Vietnam Television, the Ministry of Finance, and the State Planning Committee, the Ministry of Finance will allocate these funds to Voice of Vietnam, Vietnam Television, relevant central ministries and agencies (if applicable), and authorize the local Financial and Price Departments to manage the allocated funds for implementation at the local level.

4\. Voice of Vietnam and Vietnam Television shall collaborate with the Ministry of Finance to study and develop financial policies, systems, standards, and expenditure norms for radio and television public service activities to ensure uniform financial management nationwide.

II- SPECIFIC PROVISIONS:

1\. The radio and television public service budget is recorded as a separate item in the state budget. including:

a\. Public Service Revenue: Income from public service activities such as production, services (television viewing fees, advertising, and technical services), aid, international cooperation and exchange, and other revenues related to radio and television.

b\. Public Service Expenditure includes:

+ Radio Public Service Expenditure.

+ Television Public Service Expenditure.

2\. Preparation and Allocation of the Radio and Television Budget Plan:

Annually, based on the State Planning Commission's guidance on economic and social planning, the Ministry of Finance's guidance on budget revenue and expenditure planning, and the development plans for radio and television technology by Voice of Vietnam and Vietnam Television, the relevant authorities shall prepare the radio and television budget plan as follows:

a\. At the Local Level:

Local radio and television stations shall prepare their budget revenue and expenditure plans, including those directly managed by the provincial station and those managed by district, county, and city stations. In cases where provinces have separate radio and television stations, they shall prepare individual plans for each station to be reviewed and consolidated by the Provincial Financial and Price Department and submitted to the Provincial People's Committee for approval. These plans should also be sent to Voice of Vietnam (for the radio portion) and Vietnam Television (for the television portion) for consolidation and submission to the Ministry of Finance and the State Planning Commission.

b\. At the Central Level:

Voice of Vietnam and Vietnam Television shall prepare their own budget revenue and expenditure plans and consolidate the total system's radio and television budget revenue and expenditure plan to be submitted to the Ministry of Finance and the State Planning Commission according to regulations for review and integration into the state budget revenue and expenditure forecast to be presented to the Government and then to the National Assembly for decision. The radio and television plan must include the revenue and expenditure plans for each province and city and for the central stations.

3\. Allocation and Management of the Radio and Television Industry Budget.

a\. At the Central Level: Based on the approved central radio and television budget revenue and expenditure plan announced by the Government, Voice of Vietnam and Vietnam Television shall be responsible for allocating and assigning budget revenue and expenditure tasks to subordinate units according to current expenditure norms, financial systems, and the state budget classification, based on the workload assigned for the year.

The Ministry of Finance will provide regular funding to Voice of Vietnam and Vietnam Television on a monthly basis. For procurement and repair expenses, the Ministry of Finance will allocate funds after receiving specific project budgets and designs approved by the competent authority (which must be supported by contracts or quotations and included in the quarterly and annual plans). For payment of transmission fees, the Ministry of Finance will allocate funds based on contracts, invoices, and requests from Voice of Vietnam and Vietnam Television.

b/ At the Local Level: Based on the national budget revenue and expenditure plan for broadcasting and television, the Government shall notify the localities. The provincial radio and television station shall coordinate with the Department of Finance and Price to allocate funds to its subordinate units (directly managed stations) and districts, counties, and towns for submission to the People's Committee of the province or centrally governed city for approval. After the approval by the Provincial or Central City People's Committee, the local finance and price authority shall be responsible for disbursing regular funding to provincial radio and television stations and districts, counties, and towns. For procurement and repair expenses, they must be based on specific designs and budgets, have contracts and quotations, and be included in the quarterly and annual plans.

c/ The disbursement of central government budget funds according to target programs (if any) shall be carried out as follows:

- For the Voice of Vietnam Radio Station and Vietnam Television, the Ministry of Finance will continue to implement the disbursement system under the "Budget Limit Notification" method. As for other central ministries and agencies (if allocated funds for target programs), the Ministry of Finance will directly disburse funds to these ministries and agencies, depending on the specific circumstances, either through the "Budget Limit Notification" method or the "Approval of Budget Estimate" method.

- For localities: The Ministry of Finance will disburse funds through the "Delegated Budget" method to the Department of Finance and Price according to Circular No. 80/TC-NSNN dated September 24, 1993, of the Ministry of Finance "Guidelines for Delegated Budget Disbursement and Management Transferred to Localities" to re-disburse to local radio and television stations assigned to implement target programs announced by the central government.

4/ Settlement and Reporting System for Quarterly and Annual Budgets:

a/ The Voice of Vietnam Radio Station, Vietnam Television, and local radio and television stations, as well as central ministries and agencies allocated regular funding and target programs (if any), must organize accounting work in accordance with Decision No. 257 - TC/CĐKT dated June 1, 1990, of the Ministry of Finance.

b/ The review and audit of annual settlements shall be conducted in accordance with Circular No. 14 - TC/HCVX dated February 28, 1994, of the Ministry of Finance "Guidelines for Annual Settlement Review for Administrative and Public Service Units."

c/ For expenditures on target programs (if any) funded by the Ministry of Finance, the preparation, review, and consolidation of settlement reports shall comply with Circular No. 80 - TC/NSNN dated September 24, 1993.

d/ The Voice of Vietnam Radio Station and Vietnam Television shall cooperate with the Ministry of Finance, the State Planning Commission, and the Departments of Finance and Price in localities to inspect the use and management of the budget for broadcasting and television in accordance with state regulations.

III. - IMPLEMENTATION PROVISIONS:

This Circular takes effect from the date of issuance.

During implementation, if there are any issues arising or difficulties encountered, relevant ministries and localities should report to the Ministry of Finance for timely supplementation and amendment.