Auditing BOT projects before contract termination

PHẠM ĐÔNG |

The State Audit Office of Vietnam conducts audits of BOT projects before payment and contract termination, not allowing loss of assets and state budget.

The Government Office has just issued Notice No. 149/TB-VPCP dated March 23, 2026, concluding the Standing Committee of the Government on the Decree detailing the handling of BOT traffic project problems.

The notice stated that at the meeting of the Standing Committee of the Government on the Decree detailing the handling of BOT traffic project problems, the Standing Committee of the Government agreed in principle to develop a policy on compensation and contract termination ensuring the principle of "harmonious benefits, shared risks" and the Decree only stipulates the principle and detailed data on compensation and contract termination based on the results of negotiations and consensus of relevant parties (investors, project enterprises and credit institutions); ensuring no loss or waste of assets or state budget.

The Standing Committee of the Government assigned the State Bank of Vietnam to consider specific guidance on increasing and decreasing, and supporting loan interest for credit institutions according to its authority and according to current legal documents.

At the same time, assigning the Ministry of Construction to fully absorb the opinions of the Deputy Prime Ministers, ministries and sectors at the meeting, urgently complete the submission and draft Decree, and submit it to the Government on March 23, 2026.

In which, it is necessary to pay attention to clarifying the following contents: Information on the results of implementing the conclusions of state inspection and audit agencies at projects; the efficiency of exploitation and use of projects expected to terminate contracts; affirming that the arising problems of projects that need to be handled are within the subjects of Directive No. 27-CT/TW dated December 25, 2023 of the Politburo and belong to the subjects according to the provisions of the PPP Law.

On a political, legal and practical basis, improve compensation policies, terminate contracts according to the principle of "harmonious benefits, shared risks", thoroughly handle obstacles of BOT projects to improve the investment environment and must ensure payment value according to the settlement value and audit.

The State Audit Office shall conduct audits before payment and termination of contracts to prevent loss of assets and state budget.

The Standing Committee of the Government assigned Deputy Prime Minister Tran Hong Ha to direct the Ministry of Construction to complete the dossier and assign the Government Office to get opinions from Government members on compensation policies and contract termination before the deadline specified in the draft Decree; consider signing and promulgating the Decree in March 2026.

PHẠM ĐÔNG
RELATED NEWS

Audit of Van Cao - Hoa Lac urban railway and many projects under implementation

|

The Prime Minister requested an audit of unit prices and total investment of the Van Cao - Hoa Lac urban railway project, to prevent "small shortcomings accumulating into major violations".

Inspect and audit projects immediately when abnormal issues are detected

|

The Prime Minister requested inspection and audit of projects from the beginning and when abnormal issues are detected, to prevent negativity and corruption from occurring.

1 law amends 8 laws to remove obstacles for 11 BOT projects with reduced revenue

|

The law has added a mechanism for sharing risks and removing obstacles for 11 transport BOT projects with reduced revenue due to objective reasons.

Trump requests postponement of attack on Iranian energy facility

|

Mr. Trump has suspended plans to bomb energy facilities, while tensions with Iran have not shown significant signs of cooling down.

Wastewater overflows alleys in Ho Chi Minh City, people live in prolonged pollution

|

Ho Chi Minh City - People reflect that dirty wastewater overflows into a small alley in An Phu Dong ward, emitting a strong odor, causing pollution that has not been treated for many months.

Deadline for the Ministry of Home Affairs to report on salary reform plans

|

The Ministry of Home Affairs prepares carefully, proposes specific plans for implementing salary reform according to the roadmap, and reports to the Deputy Prime Minister on March 30.

Live volleyball VTV Binh Dien Long An vs Vietinbank at Hoa Lu Cup final

|

Live match between VTV Binh Dien Long An and Vietinbank in the final of the Hoa Lu Cup 2026 volleyball tournament, taking place at 4:00 PM today (March 23).

Tao Quan 2026 special edition is about to air, without People's Artist Xuan Bac and Cong Ly

|

Tao Quan 2026 is about to return, bringing together a cast of familiar artists such as People's Artist Quoc Khanh, People's Artist Tu Long, Meritorious Artist Chi Trung, Meritorious Artist Quang Thang, and artist Van Dung.

Audit of Van Cao - Hoa Lac urban railway and many projects under implementation

PHẠM ĐÔNG |

The Prime Minister requested an audit of unit prices and total investment of the Van Cao - Hoa Lac urban railway project, to prevent "small shortcomings accumulating into major violations".

Inspect and audit projects immediately when abnormal issues are detected

PHẠM ĐÔNG |

The Prime Minister requested inspection and audit of projects from the beginning and when abnormal issues are detected, to prevent negativity and corruption from occurring.

1 law amends 8 laws to remove obstacles for 11 BOT projects with reduced revenue

PHẠM ĐÔNG |

The law has added a mechanism for sharing risks and removing obstacles for 11 transport BOT projects with reduced revenue due to objective reasons.