On July 16, 2018, the Prime Minister issued Decision No.868/QD-TTg amending and supplementing Decision No.1168/QD-TTg on July 24,2015 of the Prime Minister approving the program on the provision of public telecommunications services till 2020. This Decision took effect from the date of its promulgation.
Accordingly, Decision No.868/QD-TTg is amending and supplementing the program on the provision of public telecommunications services till 2020 as follows:
1. The estimated budget for implementing the Program is 7,300,000,000,000 VND (Seven thousand three hundred billion Vietnamdong), decreased by 3,700,000,000,000 VND (Three thousand seven hundred billion Vietnamdong) compared to Decision No.1168/QĐ-TTg, this amount shall be guaranteed by the Vietnam Public Telecommunications Service Fund, of which::
– Expenditures for telecommunication infrastructure investments of all component programs accounting for 50% of the total budget for the whole Program;
– Expenditure plan to support a telecommunication enterprise for the development of telecommunication infrastructure in the whole program implementation period shall not exceed 70% of total funding for development investment in telecommunication infrastructure of the Program, except in the specific area or specific task, where only one eligible enterprise can be participated in the implementation of the Program’s tasks;
– The finalization of the tasks of the program shall be effected on the basis of the results of implementation of the enterprise and the approved cost estimate.
2. Contribution levels of telecommunication enterprises to the Vietnam Public Telecommunications Service Fund:
– For service-providing enterprises with network infrastructure, it is 0.7% of the turnover of telecommunication services according to the provisions of law. This contribution was reduced by 0.8% compared to Decision 1168/QD-TTg (1.5%).
– Based on the actual situation, the Ministry of Information and Communications shall submit to the Prime Minister for consideration and adjustment the contribution of telecommunications enterprises to the Vietnam Public Telecommunications Service Fund to ensure the effective implementation of the Program’s tasks in case of necessity.
Thus, it can be seen that the Decision No.868/QD-TTg has been amended in line with the current economic context of the country in order to ensure the balance of the State budget.