On 07, November 2018, the Government issued Decree No.150/2018/ND-CP amending a number of Decree regulating the conditions of business investment and administrative formalities in Information & Communications field. This Decree will come into force from 24, December 2018.
Accordingly, Decree No.150/2018/ND-CP abolish a number of the article, the paragraph of Decree No.102/2099/ND-CP dated 06, November 2009 on the management of investment in the application of information technology with funds from State budget, specifically:
– Abolish paragraph 1, article 60 that organizations, individuals participating in investment in the application of information technology must have the capability and experience in accordance with Decree No. 102/2099/ND-CP.
– Abolish a series of regulations on capability requirement of relevant entities, as follows:
• The capacity of preliminary design chief;
• Project establishment consultancy organization;
• The capacity of Director in charge of project management and consultancy;
• The capacity for project management and consultancy organization;
• The capacity of the chief surveyor;
• The capacity of survey consultancy organization;
• The capacity of construction design chief;
• The capacity of construction design and consultancy organization;
• The capacity for construction supervision and consultancy organization;
• The capacity of the on-site commander;
• Freelancers specialized in design, survey, and supervision;
• The capacity of foreign entities providing consultancy or performing contracts in the field of IT application investment in Vietnam.
In summary, the issuance Decree No.102/2009/ND-CP abolishing the regulation on the conditions of the capacity of relevant entities removed difficulties that can be considered as formal barriers in business when they participate in investment activities in the application of information technology. Besides, Decree No.102/2009/ND-CP also engages relevant entities who have financial and experience enough, reduce administrative formalities and enhance development in business investment activities.