National-level centralized procurement of cars in 2017: temporarily not approved

VCN - The Ministry of Finance has sent official dispatches to ministries, ministerial-level agencies and other central agencies, the People's Committees of provinces and centrally-run cities to guide the procurement of assets from the State budget in 2017 andraise the efficiency of exploitation of financial resources in the management and use of public assets.
tam thoi chua mua sam tap trung cap quoc gia doi voi xe o to trong nam 2017 Ha Noi: Expenditure packages for public cars in large scale can save 50 billion vnd per year
tam thoi chua mua sam tap trung cap quoc gia doi voi xe o to trong nam 2017 The Ministry of Finance issued the Centralized procurement catalog at ministerial level
tam thoi chua mua sam tap trung cap quoc gia doi voi xe o to trong nam 2017 Tender on pharmaceutical drugs procurement for health insurance

tam thoi chua mua sam tap trung cap quoc gia doi voi xe o to trong nam 2017

General Department of Finance requested not to use ODA funds to purchase cars. Photo: internet

Accordingly, in the case of public cars, the Ministry of Finance has grasped the principle of encouraging agencies, organizations and units to apply the funding mechanism of using cars or renting cars for public work.

The purchase of new cars (including cars in service of titles, cars for general and special-purpose) of agencies, organizations and units shall only be accepted by satisfying 3 conditions: Agencies, organizations and units lack of cars compared with standards and norms promulgated by competent State agencies according to the provisions of law.

Under the Prime Minister's Decision No. 32/2015 / QD-TTg, after reviewing and ranking all existing cars under the management of ministries, branches and localities, the number of redundant vehicles has been reported to the Ministry of Finance. At the same time, the Ministry of Public Security and the Ministry of Defense have reported to the Prime Minister the results of the revision and rearrangement of automobiles at the agencies and units under their management.

Funds for the purchase of vehicles have been allocated within the scope of the State budget estimated in 2017 and funds are allowed to be used in accordance with the law.

The Ministry of Finance also requested not to use foreign loans within the framework of programs / projects using ODA loans, preferential loans, commercial loans to purchase cars in order ensure public debts are only used for development not for recurrent expenditure.

The purchase of cars from reciprocal capital (investment capital sources) of projects funded with foreign loan capital must comply with the prescribed standards and norms and within the total investment capital ratified by authorized agencies.

For foreign non-refundable aid projects, if agencies, units or project management boards wish to equip means of transport, automobiles should be provided with detailed plans on automobile equipment, means of transport, using plans, users, funding sources and the capability to allocate funds for operation, maintenance and repair and report them to the managing agencies for comments of the Ministry of Finance before submitting to competent authorities.

tam thoi chua mua sam tap trung cap quoc gia doi voi xe o to trong nam 2017 The biggest target: increase in expenditures from public procurement

VCN - The project of the Law on Management and Usage of Public Assets which was studied, ...

The Ministry of Finance has also announced that it will temporarily not carry out national-level centralized procurement of cars in 2017. Also, ministries, sectors and localities will organize the procurement of cars in accordance with the laws on bidding.

By Hong Van / Thu Phuong

Related News

Officially submit to the Government the Decree to reduce 50% of registration fees for domestically manufactured  and assembled cars

Officially submit to the Government the Decree to reduce 50% of registration fees for domestically manufactured and assembled cars

VCN - The Ministry of Finance has just submitted to the Government a project of a decree regulating the level of registration fee collection for domestically manufactured and assembled automobiles.
Ministry of Finance suggests not implement 50% reduction in car registration fee

Ministry of Finance suggests not implement 50% reduction in car registration fee

VCN - In Report No. 97/TTr-BTC dated May 31 to the Government Standing Committee on the proposal of registration fee collection for domestically manufactured and assembled automobiles, the Ministry of Finance continued to request that not implement a 50% reduction in registration fee collection for domestically manufactured and assembled cars as previously reported.
Two cars as means of administrative violations auctioned

Two cars as means of administrative violations auctioned

VCN- The Ministry of Finance has issued a decision on handling confiscated means of administrative violation. Accordingly, the Ministry approved theaction plan for two cars that are material evidence, means of administrativeviolation seized by Nghe An Customs Department.
In Q1, State revenue estimated to rise by 1.3%

In Q1, State revenue estimated to rise by 1.3%

VCN - Total state budget expenditure in the first quarter of 2023 is estimated at VND363.4 trillion, equaling 17.5% of the yearly estimate and rising by 7.2% year-on-year.

Latest News

Without a uniform legal framework, money launderers wolfed down cryptocurrency

Without a uniform legal framework, money launderers wolfed down cryptocurrency

VCN - Rapidly developing blockchain technology expose financial industry to not only breakthrough growth for but also poses new challenges for the task of preventing and combating money laundering.
Vietnam’s regulatory interest rates to further down in fourth quarter: UOB

Vietnam’s regulatory interest rates to further down in fourth quarter: UOB

The United Overseas Bank (UOB) has maintained its economic growth forecast for Vietnam at 5.2% for 2023 and 6% for 2024 while forecasting that Vietnam will continue to cut regulatory interest rates in the remaining months of this year to balance economic growth and inflation pressure.
Flexible and timely supply of capital to businesses at the right time

Flexible and timely supply of capital to businesses at the right time

VCN - The State Bank (SBV) believes that credit growth for the rice and fisheries industries will continue to grow rapidly from now until the end of the year due to seasonal factors and improved export demand.
Enterprises expect easier access to credit

Enterprises expect easier access to credit

Enterprises expected access to banking credit to be made easier to quench their thirst for capital during the process of recovering production and business.

More News

Digital transformation in the Financial sector as formidable task, requiring high determination and great effort

Digital transformation in the Financial sector as formidable task, requiring high determination and great effort

VCN – On September 21, Department of Financial Informatics and Statistics, and the Institute of Financial Strategy and Policy (Ministry of Finance) jointly held a Workshop- Exhibition on digital finance in state budget management -Vietnam Digital Finance 2023 (VDF) with theme “Digital data: a driver for sustainable digital transformation in Financial sector”.
Vietnam - Canada promote financial policy dialogue mechanism

Vietnam - Canada promote financial policy dialogue mechanism

VCN - On September 20, the Ministry of Finance of Vietnam and the Ministry of Finance of Canada jointly organized the "Vietnam - Canada Financial Policy Dialogue Workshop" in both live and online format.
MoF sets target of ensuring 100% of businesses to be received legal support

MoF sets target of ensuring 100% of businesses to be received legal support

VCN – Decision No.1949/QD-BTC on the implementation plan of the project on “Improving the quality and efficiency of legal support for businesses in period 2023-2030” has been issued by the Ministry of Finance.
BIS pledges support for Vietnam in banking infrastructure development, digital transformation

BIS pledges support for Vietnam in banking infrastructure development, digital transformation

The Bank for International Settlements (BIS) will continue to accompany and support the State Bank of Vietnam (SBV) in investing in payment and financial infrastructure development and promoting digital transformation, contributing to improving risk management in the local banking sector, stated BIS General Manager Agustin Carstens.
Removing barriers and difficulties for businesses is a top political task

Removing barriers and difficulties for businesses is a top political task

VCN – The leaders of the Ministry of Finance requests heads of units under the Ministry to fully and effectively implement resolutions, guidelines and policies of the Party and State on encouraging business development; protecting the legal property ownership rights and freedom in business of people and businesses according to the Constitution and law.
General Department of Taxation provides training course on digital transformation

General Department of Taxation provides training course on digital transformation

VCN – On September 20, the General Department of Taxation organized a training course on digital transformation for tax officers. Contents of the training course include an overview of digital transformation; national digital transformation program; digital transformation plan of the Ministry of Finance and Vietnam Tax sector.
Export difficulties affect budget revenue

Export difficulties affect budget revenue

VCN - The economic situation in the first 8 months of the year faced many difficulties and challenges, which affected the implementation of financial and budgetary tasks. According to the Ministry of Finance, budget revenue in the first 8 months of the year decreased compared to the same period in 2022. In that context, the Finance sector will have to make every effort to ensure completion of tasks in 2023.
Transferring 10 million VND may require biometric authentication

Transferring 10 million VND may require biometric authentication

It is expected that biometric authentication such as fingerprint, iris, or facial recognition will be mandatory for money transfers exceeding the minimum level, possibly starting from 10 million VND (410.93 USD), said Deputy Head of the State Bank of Vietnam (SBV)’s Payment Department Le Anh Dung at a September 19 seminar on protecting bank accounts from increasing online fraud risks.
Remove problems for enterprises in using e-invoices and documents

Remove problems for enterprises in using e-invoices and documents

VCN – The amendment and supplementation of Decree No.123/2020/ND-CP regulating invoices and documents aims to implement the Party’s policies and guidelines on building e-Government towards Digital Government and Smart Government, removing difficulties for enterprises in using e-invoices and documents, reforming administrative procedures, providing solutions to prevent origin-related frauds and in accordance with international practices, the Ministry of Finance said.
Read More

Your care

Latest Most read
Without a uniform legal framework, money launderers wolfed down cryptocurrency

Without a uniform legal framework, money launderers wolfed down cryptocurrency

VCN - Grand View Research's report said that, in spite of spring market, the global blockchain technology market is estimated to reach a value of more than 1,400 billion USD by 2030 with a compound annual growth rate (CAGR) of nearly 86%/year in the perio
Vietnam’s regulatory interest rates to further down in fourth quarter: UOB

Vietnam’s regulatory interest rates to further down in fourth quarter: UOB

The United Overseas Bank (UOB) has maintained its economic growth forecast for Vietnam at 5.2% for 2023 and 6% for 2024 while forecasting that Vietnam will continue to cut regulatory interest rates in the remaining months of this year to balance economic growth and inflation pressure.
Flexible and timely supply of capital to businesses at the right time

Flexible and timely supply of capital to businesses at the right time

VCN - In this context, promoting credit injection into the economy is an issue of great concern to businesses and management agencies. However, to be able to promote credit, there needs to be solutions from both sides.
Enterprises expect easier access to credit

Enterprises expect easier access to credit

Enterprises expected access to banking credit to be made easier to quench their thirst for capital during the process of recovering production and business.
Digital transformation in the Financial sector as formidable task, requiring high determination and great effort

Digital transformation in the Financial sector as formidable task, requiring high determination and great effort

VCN - The workshop has been an annual activity jointly held by the Department of Financial Informatics and Statistics and the Institute of Financial Strategy and Policy to create forum for discussion between managers, financial-budgetary policymakers and
Mobile Version