Decision No. 40/2008/QD-BTC of the Ministry of Finance issues Financial Management Regulations for the Fund for the Protection of Vietnamese Citizens and Legal Entities Abroad, applicable to Vietnamese representative offices abroad. These regulations stipulate the organization and operation of the fund.
Key points
- Vietnamese representative offices abroad → manage financial matters for the Fund for the Protection of Vietnamese Citizens and Legal Entities Abroad
- The Ministry of Foreign Affairs and the Fund Director → are responsible for guiding and supervising the implementation of the regulations
🌐 Social impact of this document
- Positive impact: Enhances the effectiveness of financial management for the Fund for the Protection of Vietnamese Citizens, helping to protect the rights of Vietnamese citizens and legal entities abroad.
- Negative impact: May impose additional administrative management burdens on Vietnamese representative offices abroad.
❓ Frequently asked questions
Who does this regulation apply to?
This regulation applies to Vietnamese representative offices abroad.
Who is responsible for guiding and supervising the implementation of the regulation?
The Ministry of Foreign Affairs and the Director of the Fund for the Protection of Vietnamese Citizens and Legal Entities Abroad are responsible for guiding and supervising the implementation of the regulation.
When does this decision take effect?
This decision takes effect 15 days after its publication in the Official Gazette.
What actions are Vietnamese representative offices abroad authorized to take under the regulation?
Vietnamese representative offices abroad are authorized to manage financial matters for the Fund for the Protection of Vietnamese Citizens and Legal Entities Abroad.
Does this decision become effective immediately upon issuance?
No, this decision becomes effective 15 days after its publication in the Official Gazette.
Full text
Pursuant to …;
Regarding the issuance of Financial Management Regulations
for the Fund for the Protection of Vietnamese Citizens and Legal Entities Abroad
__________________________
THE MINISTER OF FINANCE
Pursuant to Decree No. 77/2003/ND-CP dated July 1, 2003 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;
Pursuant to Decision No. 119/2007/QD-TTg dated July 25, 2007 of the Prime Minister on the establishment of the Fund for the Protection of Vietnamese Citizens and Legal Entities Abroad;
Pursuant to Decision No. 2985/2007/QD-BNG dated November 29, 2007 of the Ministry of Foreign Affairs on the issuance of the Organizational and Operational Regulations of the Fund for the Protection of Vietnamese Citizens and Legal Entities Abroad;
In accordance with the proposal of the Director of the Department of Foreign Financial Affairs.
DECISION:
Article 1. The Financial Management Regulations for the Fund for the Protection of Vietnamese Citizens and Legal Entities Abroad are hereby issued together with this Decision.
Article 2. This Decision shall take effect fifteen days from the date of publication in the Official Gazette.
Article 3. The Ministry of Foreign Affairs and the Director of the Fund for the Protection of Vietnamese Citizens and Legal Entities Abroad are responsible for guiding and supervising the implementation of this Decision by Vietnamese representative offices abroad and relevant units within the Ministry of Foreign Affairs./.
DEPUTY MINISTER
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