TIME FOR APPROVING THE RECEIPT OF INTERNATIONAL EMERGENCY AID FOR RELIEF IS 3 DAYS
The Government promulgates the Decree No. 50/2020/ND-CP on providing provisions on receipt, management and use of international emergency aid for relief and remediation of natural disaster consequences n April 20, 2020.
Accordingly, the time for consideration and approval of decision on receiving the international emergency aid for relief is not exceeding 03 days, from the date on which the sufficient and valid dossier is received by the managing agency. A dossier submitted to the authority competent to approve the receipt of international emergency aid for relief comprises: A written proposal; The donor's written notice or agreement and the list of aid amounts (enclosed with the Vietnamese translation); Other documents related to the aid amount.
The aid recipient may open an account at the State Treasury where conducting transactions for receipt and use of aid amounts in cash (according to the aid agreement or the management requirements). For aid amounts that do not belong to the State budget revenues, the aid recipient may open an account at the Vietnamese commercial bank.
This Decree takes effect on June 15, 2020.
