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Circular

07/2020/TT-BTC

Circular No. 07/2020/TT-BTC Regulating Financial and Asset Management Regimes for Vietnamese Agencies Abroad

Ministry of Finance

Ministry of Finance

Vietnam's central finance ministry: the state budget, taxation, customs, the state treasury, public debt, state reserves, and accounting and pricing policy. In the 2025 reorganisation it absorbed the former Ministry of Planning and Investment, adding national development planning, public investment and statistics.

Document Type
Document Number
Status
Date Effective
Issuing Body
Official Source URL
Circular
07/2020/TT-BTC
Partially in effect
20/03/2020
Ministry of Finance
https://phapluat.gov.vn/legal-documents/142695

Summary

Circular No. 07/2020/TT-BTC, issued by the Ministry of Finance on February 3, 2020, prescribes the financial and asset management regime applicable to Vietnamese agencies abroad. The Circular is issued pursuant to the State Budget Law (2015), the Law on Vietnamese Representative Agencies Abroad (2009, amended 2017), the Law on Fees and Charges (2015), and related Government decrees including Decree No. 117/2017/ND-CP, Decree No. 08/2019/ND-CP, Decree No. 166/2017/ND-CP and Decree No. 87/2017/ND-CP. It governs preparation, allocation and execution of budgets, management of state budget revenues and expenditures, standards, regimes and norms for expenditure and public asset management at Vietnamese agencies abroad, management and use of retained fee revenues, and guidance on certain regimes for members of those agencies as provided…

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