Consolidated Document number 38/VBHN-BTC stipulates on inspection, supervision, and evaluation of the quality of appraisal activities.

DECREE [1]

Regulations on the management of state treasury funds

Decree No. 24/2016/ND-CP dated April 5, 2016, of the Government stipulates the regulations on the management of state treasury funds, which took effect from January 1, 2017, and was amended and supplemented by:

Decree No. 14/2025/ND-CP dated January 24, 2025, of the Government amending and supplementing certain provisions of Decree No. 24/2016/ND-CP dated April 5, 2016, of the Government stipulating the regulations on the management of state treasury funds, which took effect from March 10, 2025.

||| Pursuant to the Law on Organization of the Government dated June 19, 2015;

Pursuant to the State Budget Law dated June 25, 2015;

Pursuant to the Law on Public Debt Management dated June 17, 2009;

Pursuant to the Law on the State Bank of Vietnam dated June 16, 2010; and the Law on Credit Institutions dated June 29, 2010;

At the proposal of the Minister of Finance,

The Government promulgates this Decree stipulating the regulations on the management of state treasury funds.[2]

PART I

GENERAL PROVISIONS

Article 1. Scope of Regulation

This Decree stipulates the principles for managing state treasury funds; the business operations for managing state treasury funds within the National Treasury System; the tasks and authorities of relevant agencies and units in managing state treasury funds.

Article 2. Applicability

1. Ministries, ministerial-level agencies, and agencies under the Government.

2. People's Committees of provinces and centrally governed cities.

3. Units within the National Treasury System.

4. Agencies, units, economic organizations, and individuals related to the work of managing state treasury funds.

Article 3. Explanation of Terms

1. The regime for managing state treasury funds includes regulations on the management of state treasury funds, comprising regulations on the principles for managing state treasury funds; business operations for managing state treasury funds (including organizational payment activities, forecasting cash flows, and formulating plans to manage state treasury funds centrally and uniformly to meet all budgetary expenditure needs promptly and adequately, ensuring sufficient liquidity for short-term capital mobilization, efficient utilization of idle funds, risk management, and management of revenue and expenditure from state treasury fund management activities); the tasks and authorities of agencies and units in managing state treasury funds.

2. Liquidity safety means that state treasury funds can fully and promptly meet the expenditure needs of the state budget and entities transacting with the National Treasury at any time.

3. Safety in the use of temporarily idle state treasury funds means that such funds are used for their intended purposes as prescribed and can be fully recovered when due, including both principal and interest.

4 [3] Temporarily idle state treasury funds refer to the excess between the total opening balance of state treasury funds and the forecasted receipts for the period over the total forecasted expenditures and the minimum required state treasury fund balance for the period.

5. [4] Temporarily deficient state treasury funds refer to the shortfall between the total opening balance of state treasury funds and the forecasted receipts for the period compared to the total forecasted expenditures and the minimum required state treasury fund balance for the period.

6. Risk management for state treasury fund management activities involves identifying types of risks, assessing risks, and applying preventive methods for potential risks that may occur during state treasury fund management activities.

7. The limit for using state treasury funds is the maximum level of usage for specific areas set by authorized state agencies to ensure the safety of state treasury fund management activities.

8[5]The settlement account of the National Treasury at banks includes accounts opened at the State Bank of Vietnam and commercial banking systems.

9. Cash flow forecasting involves compiling and determining the expected receipts, expected expenditures, and the difference between expected receipts and expenditures of state treasury funds monthly, quarterly, and annually.

10[6]Advance funding of state treasury funds from the state budget refers to the use of temporarily idle state treasury funds from the central government budget and provincial local budgets to address temporary shortages in the central government budget and provincial local budgets.

11[7]Borrowing state treasury funds from the state budget refers to the use of temporarily idle state treasury funds to cover budget deficits and repay maturing principal debts of the central government budget and provincial local budgets.

Article 4. Principles of State Treasury Management

1. Implement centralized and unified management of the State Treasury throughout the entire National Treasury system.

2. Rapidly concentrate all sources of revenue to fully and promptly meet the payment and disbursement needs of the state budget and transaction units at the National Treasury as prescribed.

3. The management of the State Treasury must always ensure safety and effectiveness; link the management of the State Treasury with the management of the state budget and public debt to ensure the ability to pay government debts.

4.[8] The temporary idle funds of the State Treasury shall be utilized in Vietnamese currency.

Chapter II

STATE TREASURY MANAGEMENT OPERATIONS

Article 5. Scheme for Managing the State Treasury

1. The management of the State Treasury is carried out according to the quarterly and annual State Treasury management scheme approved by the Ministry of Finance. The State Treasury management scheme includes the following main contents:

a) Forecasting revenues, forecasting expenditures, and determining the source of temporarily idle State Treasury funds or temporarily deficient State Treasury funds for the quarter or year.

b) Forecasting the limit of using temporarily idle State Treasury funds (if any) for specific entities.

c) Measures to handle temporarily deficient State Treasury funds (if any).

d) Determining the minimum balance of temporarily idle State Treasury funds for the quarter.

2.[9] The National Treasury builds the quarterly State Treasury management scheme and submits it to the Ministry of Finance for approval no later than the 10th day of the first month of the quarter.

For the annual State Treasury management scheme, the National Treasury builds and submits it to the Ministry of Finance for approval no later than January 10 of the implementation year.

Article 6. Cash Flow Forecasting

1. Revenue forecasting of the State Treasury includes: Forecasting revenues and borrowings of the state budget; forecasting revenues of transaction units with accounts at the National Treasury occurring during the forecast period; amounts due for recovery from the use of temporarily idle State Treasury funds.

2. Expenditure forecasting of the State Treasury includes: Forecasting expenditures and repayments of borrowings of the state budget; forecasting expenditures of transaction units with accounts at the National Treasury occurring during the forecast period; amounts due for repayment of borrowings to offset temporarily deficient State Treasury funds.

3. Determine the source of temporarily idle State Treasury funds or temporarily deficient State Treasury funds during the forecast period.

Article 7. Utilization of Temporarily Idle State Treasury Funds[10]

1. Temporary idle state treasury funds shall be used in the following priority order:

a) For advance and borrowing by the central budget.

b) Temporary advances and loans to provincial budgets.

c) To repurchase government bonds.

d) To deposit with commercial banks for a fixed term.

The Minister of Finance decides on specific limits for each use of temporarily idle State Treasury funds in accordance with the priority order set forth in the quarterly State Treasury management scheme.

2. Using temporary idle state treasury funds for advance and borrowing by the central budget:

a) The State Treasury funds may be used for temporary advances to the central budget to address temporary shortfalls in the central budget fund; and for loans to the central budget to cover deficits and repay principal of the central budget.

b) The period for advances and borrowing of state treasury funds by the central budget shall not exceed 12 months, except in cases extended as provided in point c of this clause.

c) Any temporary advances of State Treasury funds by the central budget must be repaid within the fiscal year. The Ministry of Finance decides on temporary advances of State Treasury funds to the central budget, consistent with the availability of temporarily idle State Treasury funds at the time of consideration and decision-making for such advances.

Central budget borrowings of State Treasury funds must be repaid on schedule. In cases where the central budget cannot allocate funds to repay borrowings of State Treasury funds, the borrowing can be extended. Based on the annual state budget estimate decided by the National Assembly and the annual plan for borrowing and repaying public debt decided by the Prime Minister, the Ministry of Finance implements loans and extensions of State Treasury borrowings to the central budget, ensuring within the approved estimates and plans and consistent with the availability of temporarily idle State Treasury funds.

d) The interest rate applicable to advances and borrowings of state treasury funds by the central budget is 0%/year.

3. Using temporary idle state treasury funds for advance and borrowing by provincial budgets:

a) The State Treasury funds may be used for temporary advances to provincial budgets to address temporary shortfalls in provincial budget funds; and for loans to provincial budgets to cover deficits and repay principal of provincial budgets.

b) Provincial budgets that seek advances and borrowings of state treasury funds must meet the following conditions:

Meeting the conditions for temporary advances and loans to provincial budgets as stipulated in Article 58 of the State Budget Law, Article 52 of the Public Debt Management Law, and Circulars guiding the State Budget Law and Public Debt Management Law, and related resolutions of the National Assembly regarding pilot special mechanisms and policies for specific localities.

In cases of temporary advances of State Treasury funds, the amount requested for temporary advances of State Treasury funds must not exceed the remaining balance of the provincial budget expenditure estimate decided by the Provincial People's Council at the time of requesting the advance; simultaneously, requests for temporary advances of State Treasury funds must be approved by the Provincial People's Council.

There should be no overdue advances or borrowings of state treasury funds (principal and interest) at the time of requesting advances or borrowings of state treasury funds.

Commitment to fully and timely repay temporary advances and loans of State Treasury funds; allowing the Provincial National Treasury to proactively deduct from the provincial budget balance to recover overdue temporary advances and loans of State Treasury funds.

c) Any temporary advances of State Treasury funds by provincial budgets must be repaid within the fiscal year. The Ministry of Finance decides on temporary advances of State Treasury funds to provincial budgets, consistent with the availability of temporarily idle State Treasury funds at the time of consideration and decision-making for such advances.

Provincial budget borrowings of State Treasury funds must be repaid on schedule within the fiscal year and cannot be extended. Based on the provincial budget estimate and the annual borrowing ceiling approved by the National Assembly and Provincial People's Council, the Ministry of Finance considers and decides on loans of State Treasury funds to provincial budgets, consistent with the availability of temporarily idle State Treasury funds at the time of consideration and decision-making for such loans.

d) The interest rate applied to provisional advances and loans from the state treasury fund of the provincial local budget is 0%/year.

4. Using temporarily idle state treasury funds to buy and resell government bonds.

a) Government bonds accepted in transactions for reselling government bonds are government bonds denominated in Vietnamese dong issued by the National Treasury and listed on the Stock Exchange.

b) The terms for buying and reselling government bonds include 07 days, 14 days, 21 days, 01 month, 02 months, and 03 months.

c) Transactions to buy and resell government bonds are conducted based on the principle of competitive interest rates.

d) The Ministry of Finance determines the risk protection ratio for counterparties trading in government bonds purchased from state budget funds in the list of members trading government bonds through the Vietnam Stock Exchange.

đ) Based on the state budget management plan approved by the Ministry of Finance in accordance with Article 5 of this Decree, the State Treasury shall conduct transactions to repurchase government bonds, ensuring principles of safety, transparency, and fairness.

5. Using temporarily idle state treasury funds to deposit with commercial banks for a fixed term.

a) The state budget funds may be deposited with fixed terms at commercial banks with more than 50% state capital and state enterprise capital, having good quality and high safety levels as assessed by the State Bank of Vietnam.

Based on the list of commercial banks with more than 50% state capital and state enterprise capital, having good quality and high safety levels provided by the State Bank of Vietnam, the Ministry of Finance decides which commercial banks can accept deposits with fixed terms from idle state budget funds temporarily, ensuring the safety of state budget funds.

b) The term for depositing state treasury funds with commercial banks includes 01 month, 02 months, and 03 months.

c) Depositing state treasury funds with commercial banks for a fixed term is conducted based on the principle of competitive interest rates.

d) Based on the state budget management plan approved by the Ministry of Finance in accordance with Article 5 of this Decree, the State Treasury shall conduct transactions to deposit state budget funds with fixed terms at commercial banks, ensuring principles of safety, transparency, and fairness.

Article 8. Measures to handle temporary shortages of state budget funds

1. Temporary shortages of state budget funds shall be covered by the following sources:

a) Issuing treasury bills to cover temporary shortages of state budget funds in accordance with Clause 2 of this Article.

b) Recovering early the amounts currently deposited with fixed terms at commercial banks.

c)[11] Purchasing foreign currency from the commercial banking system to meet the spending needs of state budget funds denominated in foreign currency, as stipulated, shall be carried out in cases where there is a shortage of state budget funds in foreign currency and the Ministry of Finance cannot balance it independently. In cases where sufficient quantities of foreign currency cannot be purchased from the commercial banking system, the Ministry of Finance requests the State Bank of Vietnam to balance the sale of the remaining foreign currency from the official foreign exchange reserves of the state to cover the state budget funds according to the coordination regulations between the Ministry of Finance and the State Bank of Vietnam.

2. The amount borrowed to cover temporary shortages of state budget funds shall be recorded separately and not included in the budget deficit. Interest payments for covering temporary shortages of state budget funds shall be included in the operational expenses for managing state budget funds; such interest payments shall not be disbursed from the state budget.

3. The issuance of treasury bills to cover temporary shortages of state budget funds shall have maximum terms not exceeding three months. The procedures for issuing treasury bills to cover temporary shortages of state budget funds shall be implemented in accordance with current regulations on the issuance of government bonds. Among these:

a) All proceeds from the issuance of treasury bills to cover temporary shortages of state budget funds shall be used to ensure the liquidity of the State Treasury.

b) The State Treasury manages and uses the funds raised from the issuance of treasury bills to cover temporary shortages of state budget funds; allocating resources to fully and timely repay the principal and interest.

c) Any costs incurred during the issuance and settlement of treasury bills to cover temporary shortages of state budget funds are considered operational expenses for managing state budget funds. The fee level for payment shall be conducted according to the tender fee rate for treasury bills through the State Bank of Vietnam.

4. The General Director of the State Treasury decides on the measures to handle temporary shortages of state budget funds as stipulated in Clause 1 of this Article.

Article 9. Risk Management for State Treasury Management Activities

1. Risks in state treasury management activities include:

a) Payment risk: This type of risk arises when state treasury revenue sources do not adequately cover state treasury disbursement tasks; or due to temporarily idle state treasury funds as stipulated in Article 7 of this Decree have not yet reached their recovery period; or loans and issued bills are insufficient to ensure state treasury disbursement tasks.

b) Risk in state treasury utilization activities: This type of risk arises when temporarily idle state treasury funds as stipulated in Article 7 of this Decree cannot be timely and fully recovered (principal and interest) upon maturity; or due to unfavorable fluctuations in market interest rates or foreign exchange rates.

c) Other types of risks: This type of risk arises from inaccurate assessment of the level of temporarily idle state treasury funds or temporarily deficient state treasury funds; or due to information technology system malfunctions; or due to other force majeure events.

2. The State Treasury evaluates risks with the aim of:

a) Identifying risks and assessing the impact of these risks on state treasury management activities.

b) Risk evaluation is conducted regularly monthly, quarterly, and annually to implement appropriate state treasury management measures and risk prevention; simultaneously, periodic reports are submitted to the Ministry of Finance to provide timely guidance, ensuring that state treasury management activities remain safe.

3.[12] Risk Prevention Measures:

a) Setting limits on the use of temporarily idle state treasury funds for provisional advances and loans to the central government budget.

b) Setting total limits on the use of temporarily idle state treasury funds for provisional advances and loans to the provincial local budget.

c) Setting limits on the use of temporarily idle state treasury funds for buying and reselling government bonds.

d) Setting limits on the use of temporarily idle state treasury funds for depositing with commercial banks for a fixed term, ensuring it does not exceed 50% of the temporary idle capacity of the state treasury funds.

d) Determining the minimum state treasury balance that the State Treasury must maintain on payment accounts to ensure payment capability and timely disbursements for the state budget and trading units.

e) Monthly, the State Treasury organizes evaluations of state treasury forecasts; if the difference between forecasted and actual state treasury income and expenditure figures exceeds the margin determined by the Ministry of Finance in the quarterly state treasury management plan, the State Treasury reports to the Ministry of Finance to adjust the limit of temporarily idle state treasury funds as specified in points a, b, c, and d of this clause.

4. The State Treasury implements comprehensive measures to minimize and prevent risks in state treasury management, specifically:

a) Only utilizing temporarily idle state treasury funds for purposes prescribed in Clause 1 of Article 7 of this Decree; while adhering to the limits set out in Clause 3 of this Article.

b) The State Treasury conducts internal audits and supervision according to the procedures approved by the Ministry of Finance regarding state treasury management.

c) Building and developing information technology infrastructure to ensure safe and compliant state treasury management.

d) Implementing other risk reduction and prevention measures.

Article 10. Payment Accounts [13]

1. The settlement accounts of the State Treasury are opened and used as follows:

a) Payment accounts of the State Treasury (Central) opened at the State Bank of Vietnam and commercial banks (head offices) are used to concentrate revenues, pay expenditures from state treasuries; execute transactions to manage account balances to ensure the payment capability of the entire State Treasury system; execute transactions using temporarily idle state treasury funds or handling temporarily deficient state treasury funds.

b) Payment accounts of State Treasury units (Provincial Treasury Departments, District Treasury Departments) opened at commercial banks are used to concentrate revenues, pay expenditures from state treasuries.

2. All balances on the payment accounts of State Treasury units at the time of temporarily suspending the transmission and receipt of payment documents for daily settlement reconciliation between the State Treasury and commercial bank systems are transferred to the payment account of the State Treasury (Central) at the State Bank of Vietnam (excluding balances of foreign currencies for which the State Treasury has not opened accounts at the State Bank of Vietnam). Any revenues generated after the temporary suspension of the transmission and receipt of payment documents on the payment accounts of State Treasury units in commercial bank systems and balances on the payment accounts of State Treasury units in commercial bank systems that cannot be transferred to the payment account of the State Treasury (Central) at the State Bank of Vietnam on the same working day due to force majeure reasons shall be transferred to the payment account of the State Treasury (Central) at the State Bank of Vietnam on the following working day.

3. Interest on balances in State Treasury payment accounts:

a) The opening balance of the State Treasury's payment account at the State Bank of Vietnam is paid interest at the rate set by the Governor of the State Bank of Vietnam, which shall not be lower than the rate paid by the State Bank of Vietnam to credit institutions during the same period.

b) The closing balance of the State Treasury's payment account at commercial banks is paid interest at the agreed rate between the State Treasury and commercial banks, in accordance with applicable laws.

Article 11. Opening Accounts, Paying Interest, and Charging Fees

1. The subjects opening accounts at the State Treasury include:

a) National budget funds, state financial reserve funds.

b) Units using state budget funds, project sponsors, project management boards, and organizations regularly supported by the state budget must open accounts at the State Treasury in accordance with the provisions of the State Budget Law for transactions and payments.

c) Authorities with jurisdiction may open temporary collection and holding accounts; budgetary units may open deposit accounts.

d) State financial funds and other economic units and organizations must open deposit accounts at the State Treasury in accordance with the law.

đ)[14] Public service units implementing self-management systems must open deposit accounts at the State Treasury in accordance with the law on the financial autonomy mechanism for public service units.

2.[15] The process of opening accounts and paying interest for subjects opening accounts at the State Treasury shall be carried out in accordance with the regulations of the Minister of Finance.

3.[16] (abolished).

Article 12. Revenue and Expenditure from State Treasury Management Activities

1. Revenues from state treasury management activities include:

a) Interest income from the use of state treasury funds;

b) Service charges for payment services[17] from units and economic organizations;

c) Other revenues (if any) as prescribed by law.

2. Expenditures for state treasury management activities include:

a) Payment of interest and other costs incurred during the issuance and settlement of loans to cover temporary shortfalls in state treasury funds;

b) Payments for payment services[18] to the State Bank of Vietnam and commercial banks;

c) Payment of interest to funds and deposits of units and economic organizations at the State Treasury.

3.[19] Revenues and expenditures from state treasury management activities as stipulated in Clause 1 and Clause 2 of this Article shall be recorded and summarized in the operational revenues and expenditures of the State Treasury according to its financial management mechanism. Any surplus between revenues and expenditures from state treasury management activities after meeting the expenditure items specified in the State Treasury's financial management mechanism shall be deposited into the national budget.

From the date when the special financial management mechanism of the State Treasury is abolished pursuant to the Resolution of the National Assembly, revenues and expenditures from state treasury management activities shall be reflected and recorded in the accounts opened at the State Treasury. After reconciling the revenues and expenditures from state treasury management activities, any surplus between revenues and expenditures from state treasury management activities shall be deposited into the national budget quarterly.

Chapter III

TASKS AND LIMITATIONS IN STATE TREASURY MANAGEMENT ACTIVITIES

Article 13. Tasks and Authorities of the Ministry of Finance

1.[20] The Minister of Finance shall prescribe procedures, technical standards, and detailed contents to implement the state treasury management operations stipulated in Articles 6, 7, 8, 9, 10, and 11 of this Decree.

2. Approve the plan for managing state treasury funds quarterly and annually based on the proposal of the State Treasury.

3.[21] Decide on the use of temporarily idle state treasury funds to provide advance payments and loans to the central government budget and provincial government budgets in accordance with Articles 7 and 9 of this Decree; allocate the central budget to repay advance payments and loans from state treasury funds fully and on time.

4. Direct, manage, supervise, inspect, and audit state treasury management activities at the State Treasury in accordance with the law.

5. Provide timely information to the State Bank of Vietnam in accordance with the cooperation regulations between the Ministry of Finance and the State Bank of Vietnam.

6.[22] Annually (before January 31 of the following year), the Ministry of Finance reports to the Prime Minister on the situation of the use of temporarily idle state treasury funds.

Article 14. Tasks and Authorities of the State Bank of Vietnam

1. Open accounts for the State Treasury in accordance with the provisions of the State Budget Law and the guidelines set forth in this Decree; at the same time, fully implement all valid payment orders of the State Treasury.

2. Implement interest payments on the account balances of the State Treasury at the State Bank of Vietnam as stipulated in this Decree, and charge fees for the State Treasury's payment transactions according to the regulations of the Governor of the State Bank of Vietnam during each period.

3.[23] Timely provide the Ministry of Finance with a list of commercial banks with state capital and state enterprise capital exceeding 50% of their charter capital, which have been evaluated by the State Bank of Vietnam as having good quality and high safety levels.

Article 15. Tasks and Authorities of Ministries, Sectors, and Localities

1. Direct subordinate units to strictly comply with the system of providing and submitting information and data on state budget revenues and expenditures and those of transaction units holding accounts at the State Treasury as prescribed in Article 18 of this Decree.

2. [24 The People's Committee of the province shall implement temporary advances and loans from the state treasury funds with responsibility for using the temporarily advanced and loaned funds in accordance with this Decree and the Minister of Finance's regulations on temporary advances and loans from the state treasury; repay the temporarily advanced and loaned funds fully and on time.

Article 16. Tasks and Authorities of the State Treasury

1. Issue business procedures and implement necessary technical measures to manage state treasury funds.

2. Directly manage state treasury funds centrally and uniformly nationwide to meet the full and timely needs of state budget payments and transactions of transaction units.

3. Decide on the use of temporarily idle state treasury funds and measures to address temporarily insufficient state treasury funds as stipulated in Articles 7, 8, and 9 of this Decree.

4. Organize internal inspections and audits; operate information technology systems and other related activities to ensure safe and effective management of state treasury funds.

5.[25] The State Treasury may sell or hold government bonds (as collateral for the repurchase of government bonds) until they are paid off in principal and interest to recover state treasury funds in cases where the transaction partner fails to fulfill the agreed payment obligations to the State Treasury for the repurchase of government bonds.

Article 17. Tasks and Authorities of Commercial Banks and Transaction Partners Repurchasing Government Bonds from the State Treasury[26]

1. Open accounts for the State Treasury in accordance with the State Budget Law and the guidelines set forth in this Decree.

2. Cooperate with the State Treasury to implement business operations for managing state treasury funds to quickly concentrate revenue, fully and promptly meet state treasury expenditure requirements; implement interest payments on the account balances of the State Treasury as stipulated in this Decree, and charge payment fees for the State Treasury according to the regulations of the State Bank of Vietnam.

3.[27] Commercial banks and transaction partners repurchasing government bonds are responsible for fully and timely paying (principal and interest) the state treasury funds deposited with fixed terms or repurchased government bonds to the State Treasury in accordance with the agreement.

Article 18. Duties and Authorities of Units Conducting Transactions with the State Treasury

1. Units conducting transactions shall be responsible for providing and submitting to the State Treasury all necessary information and data in accordance with the regulations of the Ministry of Finance in a timely manner for forecasting cash flows.

2. Units conducting transactions may request the State Treasury to promptly meet their payment needs in accordance with the provisions of the State Budget Law and other guiding documents.

Chapter IV

IMPLEMENTING PROVISIONS [28]

Article 19. Effectiveness and Implementation

1. This Decree shall take effect from January 1, 2017.

2. The Ministers, Heads of ministerial-level agencies, Heads of government-affiliated agencies, and Chairpersons of provincial People's Committees directly under the central government shall be responsible for implementing this Decree./.

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[1] This consolidated document is compiled from the following two documents:

- Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime of managing state treasury funds, which took effect from January 1, 2017.

- Decree No. 14/2025/NĐ-CP dated January 24, 2025 of the Government amending and supplementing certain articles of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime of managing state treasury funds, which took effect from March 10, 2025.

This consolidated document does not replace the above two documents.

[2] Decree No. 14/2025/NĐ-CP amending and supplementing certain articles of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime of managing state treasury funds is based on the following grounds:

"Pursuant to the Law on Organization of the Government dated June 19, 2015; the Law Amending and Supplementing Certain Articles of the Law on Organization of the Government and the Law on Organization of Local Administration dated November 22, 2019;

Pursuant to the State Budget Law dated June 25, 2015;

Pursuant to the Public Debt Management Law dated November 23, 2017;

Pursuant to the Law on the State Bank of Vietnam dated June 16, 2010;

Pursuant to the Law on Credit Institutions dated January 18, 2024;

Pursuant to the Law on Fees and Charges dated November 25, 2015;

Pursuant to the Foreign Exchange Ordinance dated December 13, 2005; the Ordinance amending and supplementing certain provisions of the Foreign Exchange Ordinance dated March 18, 2013;

At the proposal of the Minister of Finance;

The Government promulgates this Decree amending and supplementing certain Articles of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime for managing state treasury funds.

[3] This clause has been amended and supplemented in accordance with point a, Clause 1, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain articles of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime of managing state treasury funds, which took effect from March 10, 2025.

[4] This clause has been amended and supplemented in accordance with point a, Clause 1, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain articles of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime of managing state treasury funds, which took effect from March 10, 2025.

[5] This clause has been amended and supplemented in accordance with point b, Clause 1, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain articles of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime of managing state treasury funds, which took effect from March 10, 2025.

[6] This clause has been added in accordance with point c, Clause 1, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain articles of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime of managing state treasury funds, which took effect from March 10, 2025.

[7] This clause has been added in accordance with point c, Clause 1, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain articles of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime of managing state treasury funds, which took effect from March 10, 2025.

[8This clause has been added in accordance with Clause 2, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain articles of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime of managing state treasury funds, which took effect from March 10, 2025.

[9] This clause has been amended and supplemented in accordance with Clause 3, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain articles of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime of managing state treasury funds, which took effect from March 10, 2025.

[10] This provision has been amended and supplemented in accordance with Clause 4, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain articles of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime of managing state treasury funds, which took effect from March 10, 2025.

[11] This point has been added in accordance with Clause 5, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain articles of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime of managing state treasury funds, which took effect from March 10, 2025.

[12] This clause has been amended and supplemented in accordance with Clause 6, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain articles of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime of managing state treasury funds, which took effect from March 10, 2025.

[13] This provision is amended and supplemented pursuant to Clause 7, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain provisions of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime for managing state treasury funds, which takes effect from March 10, 2025.

[14] This point is amended and supplemented pursuant to Point a, Clause 8, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain provisions of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime for managing state treasury funds, which takes effect from March 10, 2025.

[15] This clause is amended and supplemented pursuant to Point b, Clause 8, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain provisions of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime for managing state treasury funds, which takes effect from March 10, 2025.

[16] This clause is repealed pursuant to Clause 2, Article 2 of Decree No. 14/2025/NĐ-CP amending and supplementing certain provisions of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime for managing state treasury funds, which takes effect from March 10, 2025.

[17] The term "payment fee" is replaced by the term "service payment fee" pursuant to Clause 1, Article 2 of Decree No. 14/2025/NĐ-CP amending and supplementing certain provisions of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime for managing state treasury funds, which takes effect from March 10, 2025.

[18] The term "payment fee" is replaced by the term "service payment fee" pursuant to Clause 1, Article 2 of Decree No. 14/2025/NĐ-CP amending and supplementing certain provisions of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime for managing state treasury funds, which takes effect from March 10, 2025.

[19] This clause is amended and supplemented pursuant to Clause 9, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain provisions of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime for managing state treasury funds, which takes effect from March 10, 2025.

[20] This clause is amended and supplemented pursuant to Point a, Clause 10, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain provisions of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime for managing state treasury funds, which takes effect from March 10, 2025.

[21] This clause is amended and supplemented pursuant to Point b, Clause 10, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain provisions of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime for managing state treasury funds, which takes effect from March 10, 2025.

[22] This clause is added pursuant to Point c, Clause 10, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain provisions of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime for managing state treasury funds, which takes effect from March 10, 2025.

[23] This clause is amended and supplemented pursuant to Clause 11, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain provisions of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime for managing state treasury funds, which takes effect from March 10, 2025.

[24] This clause is amended and supplemented pursuant to Clause 12, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain provisions of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime for managing state treasury funds, which takes effect from March 10, 2025.

[25] This clause is added pursuant to Clause 13, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain provisions of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime for managing state treasury funds, which takes effect from March 10, 2025.

[26] This provision has been renamed pursuant to Point a, Clause 14, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain provisions of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime for managing state treasury funds, which shall take effect from March 10, 2025.

[27] This clause has been added pursuant to Point b, Clause 14, Article 1 of Decree No. 14/2025/NĐ-CP amending and supplementing certain provisions of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime for managing state treasury funds, which shall take effect from March 10, 2025.

[28] Articles 3 and 4 of Decree No. 14/2025/NĐ-CP amending and supplementing certain provisions of Decree No. 24/2016/NĐ-CP dated April 5, 2016 of the Government on the regime for managing state treasury funds, which shall take effect from March 10, 2025, are stipulated as follows:

"Article 3. Transitional Provisions

1. The outstanding advance payments and loans from the state treasury of the state budget as of the date this Decree takes effect shall be subject to interest rates as prescribed herein from the date this Decree takes effect.

2. Advance payments and loans from the state treasury of the state budget approved before the date this Decree takes effect but withdrawn after the Decree takes effect shall be subject to interest rates as prescribed herein.

3. The State Treasury shall review and close all payment accounts opened at branches of the State Bank of Vietnam in provinces and cities within three (3) months from the date this Decree takes effect. Procedures for closing accounts shall comply with regulations of the State Bank of Vietnam.

Article 4. Implementation provisions

This Decree shall take effect from March 10, 2025.

2. The Ministers, Heads of ministerial-level agencies, Heads of government-affiliated agencies, and Chairpersons of provincial People's Committees directly under the central government shall be responsible for implementing this Decree./.