Vietnam Eases Eligibility Conditions for Transitional BT Projects
Vietnam’s Resolution No. 47/2026/NQ-CP removes the requirement for transitional build-transfer (BT) projects to be registered in System 751 before they can qualify for measures addressing project difficulties. Projects must still have an inspection conclusion or written confirmation from a competent authority that no inspection is needed. Competent authorities must also identify eligible projects and report the results of efforts to resolve their difficulties.
Vietnam’s Standing Deputy Prime Minister Phạm Gia Túc signed Resolution No. 47/2026/NQ-CP, amending policies for addressing difficulties and obstacles affecting build-transfer (BT) investment projects. The new rules remove the requirement for transitional BT projects to be registered in System 751 before they can qualify for the relevant policies.
Illustrative image accompanying a report on BT project policies.（VietVance）
Under the revised rules, transitional BT projects must still have an inspection or examination conclusion, or a written conclusion from a competent authority confirming that inspection of the project’s implementation and contract terms is unnecessary. Ministries and provincial People’s Committees remain responsible for deciding whether to inspect a project and bear full responsibility for their decisions.
Competent authorities must proactively review and identify transitional BT projects that face difficulties and meet the eligibility conditions. They are responsible for the review results and for the completeness, accuracy and truthfulness of project files, data and information. Following Ministry of Finance guidance, they must also report the status and results of efforts to resolve project difficulties in System 751, ensuring that the reported data is timely, accurate and consistent with data reported to higher authorities.
Projects involving state secrets do not have to report through System 751, but must submit reports on the status of efforts to resolve their difficulties to the Ministry of Finance every six months from the date the new resolution takes effect, or on request. The Ministry of Finance is responsible for managing and operating the system and providing guidance on updating project information. The original Resolution No. 16 remains in effect until December 31, 2027. If difficulties remain unresolved by then, competent authorities are responsible for the delay and must report the situation to the Ministry of Finance, which will propose a solution and report to the prime minister.
Source: VietVance
