Rules in investment, construction, procurement and management of fixed assets of provincial development investment funds in Vietnam

Rules in investment, construction, procurement and management of fixed assets of provincial development investment funds in Vietnam

Pursuant to the provisions of Clause 2, Article 4 of Circular 86/2021/TT-BTC, the Fund’s regulations on investment, construction, procurement and management of fixed assets must comply with the following rules:

a) The authority to make decisions on investment, construction and procurement of fixed assets shall be determined according to relevant regulations applicable to wholly state-owned enterprises and the Fund’s charter on organization and operation;

b) Procedures for investment, construction, procurement, management, use, depreciation, leasing, mortgaging, liquidation, transfer and inventory of fixed assets of the Fund shall be followed in accordance with regulations of the Law on management and use of state investments in enterprises.

Best Regards!