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Circular 31/2013/TT-BTC: Enhance the promotion of Vietnam investment environment

The promotional activities to attract investment have been increasingly paid attention. Specifically, the Ministry of Finance has just issued Circular 31/2013/TT-BTC specifying the financial support for this activities.

Accordingly, the state budget will support 100% of the funding for investment environment promotional activities such as:

– Promoting the policies and guidelines about investment in Vietnam on the domestic and international mass media.

– Ordering domestic and international media agencies to write reports under the contract package.

– Promoting the website to introduce Vietnam’s investment activities.

Other activities such as assessing the situation in various fields, regions and economic sectors, supporting investment promotion training.

Regulations on the estimation procedures advance, settlement of funds are also specified in the Circular.

Circular takes effect from May 5th 2013.

Tuan Nguyen

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