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THE MINISTRY OF FINANCE OF VIETNAM
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THE SOCIALIST REPUBLIC OF VIET NAM
Independence-Freedom-Happiness
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No. 37/2025/TT-BTC

Hanoi, June 12, 2025

 

CIRCULAR

REPORTING REGIMES AND TEMPLATES OF REPORTS ON REVIEW OF IMPLEMENTATION AND DISBURSEMENT PUBLIC INVESTMENT CAPITAL

Pursuant to the Law on Public Investment dated November 29, 2024;

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

Pursuant to the Government’s Decree No. 163/2016/ND-CP dated December 21, 2016 elaborating the implementation of the Law on State Budget;

Pursuant to the Government’s Decree No. 09/2019/ND-CP dated January 24, 2019 prescribing reporting by state administrative agencies;

Pursuant to the Government’s Decree No. 85/2025/ND-CP dated April 08, 2025 elaborating the Law on Public Investment;

Pursuant to the Government’s Decree No. 114/2021/ND-CP dated December 16, 2021 prescribing management and use of official development assistance (ODA) and concessional loans of foreign donors; the Government’s Decree No. 20/2023/ND-CP dated May 04, 2023 providing amendments to the Decree No. 114/2021/ND-CP dated December 16, 2021;

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At the request of the Director of the Investment Department;

The Minister of Finance of Vietnam promulgates a Circular on reporting regimes and templates of reports on review of implementation and disbursement public investment capital.

Chapter I

GENERAL PROVISIONS

Article 1. Scope and regulated entities

1. Scope:

This Circular provides for reporting regimes and templates of reports on review of implementation and disbursement of medium-term and annual public investment capital (state budget funds for public investment; legitimate revenues that are earned by state regulatory authorities and public service units and retained for investment purposes in accordance with regulations of law); reporting regimes and templates of thematic reports on national target programs.

2. This Circular applies to:

a) Agencies, organizations and individuals that are required to comply with and use reporting regimes and templates of reports on review of implementation and disbursement of medium-term and annual public investment capital; reporting regimes and templates of thematic reports on national target programs within the scope of this Circular.

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Article 2. Report types

1. Periodic reports: These reports are used for consolidating information on the implementation and disbursement of medium-term and annual public investment capital and prepared at regular and pre-determined intervals, including monthly reports, quarterly reports, annual reports, mid-term and final reports on medium-term public investment capital.

- Accrued amount of public investment capital actually disbursed in 03 months in the report for April is also the capital amount disbursed by the end of Quarter I of the planning year.

- Accrued amount of public investment capital actually disbursed in 06 months in the report for July is also the capital amount disbursed by the end of Quarter II of the planning year.

- Accrued amount of public investment capital actually disbursed in 09 months in the report for October is also the capital amount disbursed by the end of Quarter III of the planning year.

- Accrued amount of public investment capital actually disbursed in 12 months in the report for January of the year following the planning year is also the capital amount disbursed by the end of Quarter IV of the planning year.

2. Thematic reports: These reports are used to meet managerial requirements imposed by competent authorities in directing or managing performance of state budget-related tasks or to serve management and administration of public investment capital plans and national target programs; provide detailed information on a specific theme or matter concerning the implementation and disbursement of medium-term and annual public investment capital or funding for national target programs, and are prepared once or multiple times or periodically over a specific period of time.

3. Ad hoc reports: These reports are prepared on demand, rather than on a pre-determined and regular schedule, to meet managerial requirements imposed by competent authorities in directing or managing performance of state budget-related tasks or to serve management and administration of public investment capital plans and national target programs; provide information on unplanned or unexpected issues concerning the implementation and disbursement of medium-term and annual public investment capital or funding for national target programs.

Article 3. Rules for following reporting regimes

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2. Reports on review of implementation and disbursement of medium-term and annual public investment capital must include adequate, accurate and truthful information, and be submitted by the deadlines prescribed herein. Reports should provide clear and detailed explanations about shortcomings, difficulties and factors that impact on the assignment of tasks of public investment plans and disbursement of the planned public investment capital; proposed measures for dealing with such difficulties concerning management and disbursement of public investment capital; and provide adequate information necessary for serving performance of management tasks by competent authorities, and other relevant authorities, organizations and individuals.

3. The list of projects (including investment projects, tasks (projects or cost estimates) as defined in the Law on public investment, capital amount allocated to each of sectors, fields, programs, projects, ministers, ministerial agencies, Governmental agencies, other central-level agencies, policy banks (hereinafter referred to as “ministries and central-level agencies”) and local governments) must strictly comply with decisions on assignment of tasks of capital plans issued by competent authorities (including medium-term plan, annual plan, additional plan, extended plan, modified plan and advance capital plan, if any).

In case the funding for balancing a local-government budget, as decided by the People's Council at any level, is increased in comparison to the planned amount decided by the National Assembly or the Prime Minister, the relevant local government must clearly and fully indicate the source of such increased funding in its report (in the column stating allocation of planned capital of local government in the corresponding report template provided herein).

Reports of ministries and central-level agencies; People’s Committees of provinces or central-affiliated cities (hereinafter referred to as “provincial-level People’s Committees”) must clearly and fully state the sources of public investment capital under their management, including such funding amounts controlled and disbursed through the State Treasuries at any levels, and funding amounts controlled and disbursed by other units as assigned.

4. Ministries, central-level agencies and local governments shall submit thematic reports on national target programs in accordance with provisions hereof.

5. The Ministry of Finance of Vietnam shall consider preparing a consolidated report on the cases where reports of Ministries, central-level agencies and local governments do not contain adequate information as required or are not submitted by the deadlines as prescribed herein, and submit it to a competent authority to seek its consideration and decision in accordance with regulations of law.

6. Information technology should be applied to implementation of reporting regimes herein to meet requirements of the national reporting information system.

Chapter II

SPECIFIC PROVISIONS

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1. Name of the report: “Report on review of implementation and disbursement of planned public investment capital of …… (year)”.

2. Contents of the report:

a) Each month, relevant units shall submit reports indicating the accrued amount of public investment capital actually disbursed by the end of the previous month and the estimated amount of public investment capital disbursed by the end of the reporting month. These amounts must be sorted by their sources, including the planned capital allocated in the current year, the planned capital of previous years of which implementation and disbursement are extended to the current year with approval of competent authorities, and advanced planned capital, if any. For projects of national significance, key projects, coastal road projects, expressway projects, projects that connect multiple regions, have widespread effects or promote rapid and sustainable socio-economic development (hereinafter referred to as “nationally important, key and inter-regional projects”) and national science, technology, innovation and digital transformation projects, detailed list of projects sorted by funding sources must be included in the monthly report.

On the basis of every 06 months and on an annual basis, detailed reports on list of projects using central-government budget sorted by funding sources, sectors or fields, or programs, as prescribed in point b clause 2 Article 49 of the Government’s Decree No. 85/2025/ND-CP dated April 08, 2025 elaborating the Law on Public Investment (hereinafter referred to as “Decree No. 85/2025/ND-CP”) shall be submitted.

b) Reports must include assessment of outcomes; difficulties and shortcomings; causes of delayed disbursement of public investment capital in the year; proposed solutions and recommendations.

3. Reporting agencies:

a) Ministries, central-level agencies, and provincial-level People's Committees.

b) Central-level State Treasuries (hereinafter referred to as “State Treasuries”), and regional State Treasuries.

4. Receiving agencies:

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b) State Treasuries shall submit reports to Ministries, central-level agencies; the Ministry of Finance (via Department of Investment, Department I, Department of Sector Finance - Economics, Department of Financial Institutions, Department for Local and Territorial Economy, Agency of Debt Management and External Economic Relations).

c) Regional State Treasuries shall submit reports to State Treasuries, provincial-level People's Committees, and provincial-level Departments of Finance.

Regional State Treasuries shall submit reports on funding sources under management of local governments according to administrative divisions.

5. Deadlines for submission of reports:

a) Ministries, central-level agencies, provincial-level People's Committees and State Treasuries shall submit monthly and annual reports to receiving agencies by the deadlines prescribed in point c clause 1 Article 49 of the Decree No. 85/2025/ND-CP. To be specific:

Monthly reports shall be submitted by the 15th day of the reporting month.

A report on accrued amount of public investment capital actually disbursed in 12 months and estimated amount of capital disbursed in 13 months shall be submitted by January 15 of the year following the planning year.

Annual reports (13-month reports) shall be submitted by February 28 of the year following the planning year.

b) Regional State Treasuries shall submit monthly and annual reports to State Treasuries by the following deadlines:

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A report on accrued amount of public investment capital actually disbursed in 12 months and estimated amount of capital disbursed in 13 months shall be submitted by January 13 of the year following the planning year;

Annual reports (13-month reports) shall be submitted by February 20 of the year following the planning year.

6. Report outlines: Form No. 01/TTKHN enclosed herewith.

7. Report data: Table No. 01a/TTKHN, 01b/TTKHN, 01c/TTKHVU, 01d/TTKHVU (for national target programs, only total amount sorted by funding sources (domestic funding, foreign funding (ODA funds and concessional loans granted by foreign donors) of each program shall be provided).

a) Each month, relevant units shall report the accrued amount of public investment capital disbursed by the end of the previous month and the estimated amount of public investment capital disbursed by the end of the reporting month using Table No. 01a/TTKHN and Table No. 01c/TTKHVU (if planned capital is advanced in the year).

In January each year, relevant units shall submit a review report on the disbursement of public investment capital in 12 months and estimated amount of capital disbursed in 13 months of the year preceding the planning year, and estimated amount of capital to be disbursed in 01 month of the planning year.

In July each year, in addition to the monthly report including Table 01a/TTKHN and Table No. 01c/TTKHVU (if the planned capital is advanced in the year), relevant units shall report the accrued amount of central-government budget-derived public investment capital disbursed in 6 months which is sorted by projects using Table No. 01b/TTKHN and report the disbursement and recovery of advanced capital in 06 months using Table No. 01d/TTKHVU.

b) Each year, relevant units shall report the accrued amount of central-government budget-derived public investment capital disbursed in 13 months which is sorted by projects using Table No. 01b/TTKHN and report the disbursement and recovery of advanced capital using Table No. 01d/TTKHVU.

Article 5. Periodic reports on mid-term and final review of implementation and disbursement of medium-term public investment capital

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2. Contents of the report:

a) Reporting on the implementation and disbursement of public investment capital by the middle of/over the entire period of the medium term according to the detailed list of projects using central-government budget in each sector or field or under each program. Regarding national target programs, only total capital amount sorted by funding sources (domestic funding, foreign funding) of each program shall be reported.

- A mid-term review report shall include the accrued amount of public investment capital disbursed from the beginning of the medium term to the end of Quarter II of the third year of the medium-term public investment plan.

- A final review report shall include the estimated amount of public investment capital disbursed from the beginning of the medium term to the end of the final year of the medium-term public investment plan.

b) Assessment of outcomes; difficulties and shortcomings (if any); causes of failure to complete disbursement of public investment capital by the middle of/by the end of the entire period of the medium term; proposed solutions and recommendations.

3. Reporting agencies:

a) Ministries, central-level agencies, and provincial-level People's Committees.

b) State Treasuries, regional State Treasuries.

4. Receiving agencies:

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b) State Treasuries submit reports to Ministries, central-level agencies; the Ministry of Finance (via Department of Investment, Department I, Department of Sector Finance - Economics, Department of Financial Institutions, Department for Local and Territorial Economy, Agency of Debt Management and External Economic Relations).

c) Regional State Treasuries shall submit reports to State Treasuries, provincial-level People's Committees, and provincial-level Departments of Finance.

Regional State Treasuries shall submit reports on funding sources under management of local governments according to administrative divisions.

5. Deadlines for submission of reports:

a) Ministries, central-level agencies, provincial-level People's Committees and State Treasuries shall submit mid-term and final review reports to receiving agencies by the deadlines prescribed in point a, b clause 1 Article 49 of the Decree No. 85/2025/ND-CP. To be specific:

Mid-term review reports shall be submitted by July 31 of the third year of the medium-term public investment plan.

Final review reports shall be submitted by July 31 of the fifth year of the medium-term public investment plan.

b) Regional State Treasuries shall submit mid-term and final review reports to State Treasuries by the following deadlines:

Mid-term review reports shall be submitted by July 20 of the third year of the medium-term public investment plan.

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6. Report outlines: Form No. 02/TTKHTH enclosed herewith.

7. Report data: Table No. 02/TTKHTH.

Article 6. Thematic reports and ad hoc reports

1. Ministries, central-level agencies, and local governments shall submit thematic reports and ad hoc reports at the written request of the Ministry of Finance of Vietnam.

Details on structure, required contents, reporting method and period, timeline for data collection, submission deadline, receiving agencies and other relevant contents shall be provided in the written request of the Ministry of Finance.

2. Regarding a thematic report on a national target program:

a) Contents of the report (including public investment capital and funding for recurrent expenditures): Assessment of outcomes; difficulties and shortcomings; causes of delayed disbursement of public investment capital in the year; proposed solutions and recommendations.

- For public investment capital: comply with point a clause 2 Article 4 hereof.

- For funding for covering recurrent expenditures: each month, relevant units shall report the accrued amount of funding for recurrent expenditures disbursed by the end of the month preceding the reporting month, sorted by the funding source, including estimated funding allocated in the year (including the estimated funding allocated at the beginning of the year, and estimated funding additionally allocated), and the estimated funding of previous years which is carried forward to the current year with approval of competent authorities.

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- A 06-month report shall provide detailed amounts specific to each constituent content/constituent project of each Program under the program approval decision issued by the Prime Minister.

- A 13-month report shall provide detailed amounts specific to each content/sub-project of constituent contents/constituent projects of each Program under the program approval decision issued by the Prime Minister (for recurrent expenditures, detailed amounts of 12 months of the estimating year shall be provided).

b) Reporting agencies:

- Ministries, central-level agencies, and provincial-level People's Committees.

- State Treasuries, regional State Treasuries.

c) Receiving agencies:

- Ministries, central-level agencies, and provincial-level People's Committees shall submit reports to the Ministry of Finance of Vietnam.

- State Treasuries shall submit reports to Ministries, central-level agencies; the Ministry of Finance (via Department of Investment, Department of Sector Finance - Economics, and Department of State Budget).

- Regional State Treasuries shall submit reports to State Treasuries, provincial-level People's Committees, and provincial-level Departments of Finance.

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d) Deadline for submission of report:

- Ministries, central-level agencies, provincial-level People's Committees and State Treasuries shall submit periodic reports to receiving agencies by the following deadlines:

Monthly reports shall be submitted by the 15th day of the reporting month. A report for 12 months of the planning/estimating year shall be submitted by January 15 of the year following the planning/estimating year.

06-month reports shall be submitted by July 15 of the reporting year.

13-month reports shall be submitted by February 28 of the year following the planning year.

- Regional State Treasuries shall submit periodic reports to State Treasuries by the following deadlines:

Monthly reports shall be submitted by the 13th day of the reporting month. A report for 12 months of the planning/estimating year shall be submitted by January 13 of the year following the planning/estimating year.

06-month reports shall be submitted by July 13 of the reporting year.

13-month reports shall be submitted by February 20 of the year following the planning year.

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e) Report data:

Monthly reports: Table No. 04a/CTMTQG-DT, 04b/CTMTQG-TX.

In addition to the monthly report made using Table No. 04a/CTMTQG-DT, 04b/CTMTQG-TX, a report for July shall also include 06-month report made using Table No. 04c/CTMTQG-DT, 04d/CTMTQG-TX.

13-month reports: Table No. 04c/CTMTQG-DT; 04d/CTMTQG-TX.

Article 7. Methods for submitting and receiving reports

Reports shall be submitted in any of the following forms (electronic or physical copy):

1. Electronic reports shall be submitted via the document management and administration systems, and also updated on the consolidated financial database.

2. Physical reports shall be submitted in case relevant agencies/units are unable to receive and send electronic documents.

Article 8. Responsibilities of relevant agencies 

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a) Prepare and submit to the Prime Minister the consolidated monthly, 06-month, annual, mid-term and final review reports on the implementation and disbursement of state budget-derived public investment capital by relevant agencies/units. Such a consolidated report is made using Form No. 03/BTC enclosed herewith.

For thematic reports on national target programs: prepare and submit to the Prime Minister the consolidated monthly, 06-month, and annual reports on the implementation and disbursement of state budget-derived funding for implementation of national target programs by relevant agencies/units. Such a consolidated report is made using Form No. 04/BTC enclosed herewith.

Based on reports submitted by relevant agencies/units, managerial and direction demands of the Government or the Prime Minister, the Ministry of Finance shall submit reports using other forms as prescribed.

b) Organize public disclosure of information on the implementation and disbursement of state budget-derived public investment capital, monthly thematic reports on national target programs of Ministries, central-level agencies and local governments on the national reporting information system and on means of mass media.

c) Organize inspection and control of the implementation of reporting regimes on review of implementation and disbursement of public investment capital, thematic reports on national target programs by Ministries, central-level agencies, local governments and project owners in order to advise the Government about the solutions for accelerating the disbursement of investment capital to projects, and measures for dealing with violations against regulations on management and use of public investment capital (if any).

d) Based on capital amounts actually disbursed in each month, each quarter, each year, by the middle of and over the entire period of 05-year term, carry out assessment of the implementation and disbursement of public investment capital, disbursement of funding for implementation of national target programs of Ministries, central-level agencies and local governments, and the estimated amount of public investment capital to be disbursed to serve the performance of state budget-related tasks, to fulfill assigned tasks or to advise the Prime Minister to promptly direct and deal with difficulties encountered by Ministries, central-level agencies and local governments to serve the performance of state budget-related tasks.

2. Responsibilities of Ministries and central-level agencies:

a) Submit periodic reports on the implementation and disbursement of annual and medium-term public investment capital, and thematic reports on national target programs with adequate contents and by the deadlines prescribed herein to the Ministry of Finance of Vietnam. Assume responsibility before the Government, the Prime Minister and relevant agencies for implementation results and accuracy of report data.

b) Submit thematic reports and ad hoc reports at the request of the Ministry of Finance; reports on shortcomings, difficulties, and factors that impact on the assignment of tasks of public investment plans and disbursement of the planned public investment capital.

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c) Request project owners to review and carry out verification of capital amounts disbursed to their projects with State Treasuries where they conducted transactions for preparing and submitting consolidated reports on implementation of public investment capital plans to governing bodies as prescribed.

Ministries or central-level agencies that act as governing bodies of projects using ODA funds/concessional loans shall request project owners to provide supporting documentation for reimbursement from special accounts with controlled spending for submission to the Ministry of Finance to seek its approval of request for reimbursement.

d) Direct organization of inspection of project owners, project management boards, and relevant agencies implementing plans on public investment capital and funding for national target programs, complying with reporting regimes on implementation and disbursement of public investment capital, thematic reports on national target programs as prescribed herein so as to adopt appropriate measures to direct project owners to promptly deal with difficulties that arise during assignment of tasks of public investment plans, implementation and disbursement of public investment capital, and accelerate the implementation and disbursement of funding to investment projects and national target programs.

dd) Report adequate sources of public investment capital under their management, including such funding amounts controlled and disbursed through State Treasuries at any levels, and funding amounts controlled and disbursed by other units as assigned (if any).

3. Responsibilities of provincial-level People’s Committees:

a) Submit periodic reports on the implementation and disbursement of annual and medium-term public investment capital, and thematic reports on national target programs with adequate contents and by the deadlines prescribed herein to the Ministry of Finance of Vietnam. Assume responsibility before the Government, the Prime Minister and relevant agencies for implementation results and accuracy of report data.

b) Submit thematic reports and ad hoc reports at the request of the Ministry of Finance; reports on shortcomings, difficulties, and factors that impact on the assignment of tasks of public investment plans and disbursement of the planned public investment capital.

Provide the Ministry of Finance and relevant Ministries with proposed solutions for accelerating the disbursement of public investment capital and funding for implementation of national target programs, and proposed measures for dealing with violations committed by project owners against regulations on management and use of investment capital and advanced capital (if any).

Provincial-level People’s Committees that act as governing bodies of projects using ODA funds/concessional loans shall request project owners to provide supporting documentation for reimbursement from special accounts with controlled spending for submission to the Ministry of Finance to seek its approval of request for reimbursement.

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d) Direct provincial-level Departments of Finance to report adequate sources of public investment capital under management of local governments, including such funding amounts controlled and disbursed through State Treasuries at any levels, and funding amounts controlled and disbursed by other units as assigned (if any).

4. Responsibilities of State Treasuries:

a) Prepare consolidated reports on implementation and disbursement of public investment capital to projects, and thematic reports on national target programs under management of Ministries, central-level agencies and local governments with adequate contents as prescribed herein; and send them to relevant Ministries, central-level agencies and Ministry of Finance by the deadlines prescribed herein. Submit thematic reports and ad hoc reports at the request of the Ministry of Finance.

b) Instruct and direct regional State Treasuries to submit reports on implementation and disbursement of public investment capital, and disbursement of funding for national target programs with adequate contents and by the deadlines prescribed herein.

c) Assume responsibility before the Minister of Finance of Vietnam for the accuracy of consolidated data on implementation and disbursement of public investment capital, and disbursement of funding for national target programs.

5. Responsibilities of provincial-level Departments of Finance:

a) Submit reports on implementation and disbursement of public investment capital on the basis of plans for allocation of annual and medium-term public investment to programs and projects, ensuring that capital is properly and correctly disbursed to sectors and fields given priority as prescribed in the Law on public investment and Resolutions of the Standing Committee of National Assembly on principles, criteria and norms for allocation of state budget-derived public investment capital (including medium-term plan, annual plan, additional plan, extended plan, modified plan and advance capital plan, if any), clearly indicating funding amounts controlled and disbursed through State Treasuries at any levels, and funding amounts controlled and disbursed by other units as assigned (if any).

Submit thematic reports on national target programs in accordance with provisions hereof.

b) Cooperate with regional State Treasuries in reviewing and verifying data of planned capital and amounts of public investment capital disbursed monthly in order to prepare and submit a report thereon to provincial-level People’s Committees for consideration and further submission to the Ministry of Finance as prescribed.

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d) Play the leading role and cooperate with regional State Treasuries in updating reports on the consolidated financial database.

dd) Assume responsibility before the People’s Committees of provinces/cities for the accuracy and adequacy of data.

6. Responsibilities of regional State Treasuries:

a) Prepare consolidated reports on implementation and disbursement of public investment capital to projects, and thematic reports on national target programs under management of local governments according to administrative divisions (after completing data verification with provincial-level Departments of Finance) and projects under management of Ministries or central-level agencies in their localities with adequate contents as prescribed herein; and send them provincial-level People’s Committees, State Treasuries and provincial-level Departments of Finance by the deadlines prescribed herein.

b) Assume responsibility before the Minister of Finance of Vietnam, provincial-level People’s Committees, and Directors of State Treasuries for the accuracy of consolidated data on implementation and disbursement of public investment capital, and disbursement of funding for national target programs. Carry out review and verification of data of disbursed capital amounts with finance agencies, and project owners so as to ensure that data is provided in a timely and accurate manner.

c) Direct Transaction Offices of State Treasuries to cooperate with communal-level specialized agencies in charge of providing financial advice, and project owners in verifying data included in reports on planned annual and medium-term public investment capital, and disbursed amounts of public investment capital sorted by projects, and promptly making modifications as prescribed.

7. Agencies, units and project owners under management of Ministries or central-level agencies and local governments shall prepare reports on implementation and disbursement of annual and medium-term public investment capital and thematic reports on national target programs under their management which must include adequate reporting items in forms and tables enclosed herewith, and send them to their superior authorities for preparing consolidated reports as prescribed.

Chapter III

IMPLEMENTATION

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1. This Circular comes into force from the date on which it is signed.

2. Updating of reports on the consolidated financial database shall be carried out after the database is officially put into use.

3. This Circular supersedes the Circular No. 15/2021/TT-BTC dated February 18, 2021 of the Minister of Finance of Vietnam.

Article 10. Implementation organization  

1. Ministries, central-level agencies, and local governments, and relevant organizations and individuals are responsible for the implementation of this Circular.

2. Difficulties that arise during the implementation of this Circular should be reported to the Ministry of Finance for consideration./.

 

 

PP. MINISTER
DEPUTY MINISTER




Do Thanh Trung

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Circular No. 37/2025/TT-BTC dated June 12, 2025 on reporting regimes and templates of reports on review of implementation and disbursement public investment capital
Official number: 37/2025/TT-BTC Legislation Type: Circular
Organization: The Ministry of Finance Signer: Do Thanh Trung
Issued Date: 12/06/2025 Effective Date: Premium
Gazette dated: Updating Gazette number: Updating
Effect: Premium

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Circular No. 37/2025/TT-BTC dated June 12, 2025 on reporting regimes and templates of reports on review of implementation and disbursement public investment capital

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