Vietnam/ 5.1 General legislation  

5.1.3 Allocation of public funds

The procedures related to allocation of public funds in culture are included in the Public Finance Act (2002),which is important, above all, for the way public institutions are financed and the circular number 20/2003/TTLT/BTC-BVHTT-BNV dated 24 March 2003 between the Ministry of Finance, Ministry of Culture and Ministry of Home Affairs on the financial management of professional institutions of culture and arts.

The steps of the allocation are as follows:

  • Annually the Prime Minister has a decree on the usage of state budget;
  • To carry out this decree, the Ministry of Finance will have an ordinance to guide ministries including the Ministry of Culture, Sports and Tourism, and local governments to build the budget estimate of the year

  • Ministry of Culture, Sports and Tourism will build the budget estimate of the year, and then propose to the Ministry of Finance. The Ministry of Finance will summarise to report to the Budget Council of the National Assembly.

  • After the budget estimate gets approval, the Ministry of Finance will promulgate a guideline circular for the implementation of the budget estimate.

  • After getting the guideline circular, the Ministry of Culture, Sports and Tourism will re-allocate to its organisations.

Theoretically, this allocation will be carried out by technical economic norms but the Ministry of Culture, Sports and Tourism has no norm like that. The allocation of state budget is implemented by the decree of the Prime Minister to go with the growth of GDP, the sector and the economy.

At the local level, the budget allocation for culture is taken the same way as it is in the central government but in its local budget size.


Chapter published: 30-11-2013


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