Circular 44/2026/TT-BTC forms of investment monitoring and evaluation reports, online reporting regime

CIRCULAR

Providing for forms of investment monitoring and evaluation reports; online reporting regime; and management and operation of the investment monitoring and evaluation information system

Pursuant to the Law on Public Investment No. 58/2024/QH15, amended and supplemented under Law No. 90/2025/QH15;

Pursuant to the Law on Investment in the Form of Public-Private Partnership No. 64/2020/QH14, amended and supplemented under Law No. 03/2022/QH15, Law No. 57/2024/QH15 and Law No. 90/2025/QH15;

Pursuant to the Law on Investment No. 143/2025/QH15;

Pursuant to the Law on Construction No. 50/2014/QH13, amended and supplemented under Law No. 62/2020/QH14;

Pursuant to Decree No. 19/2021/ND-CP dated January 14, 2026, providing for the order and procedures for appraisal of nationally important projects and investment monitoring and evaluation, amended and supplemented under Decree No. 96/2026/ND-CP;

Pursuant to Decree No. 242/2025/ND-CP dated September 10, 2025, on the management and use of official development assistance (ODA) and foreign concessional loans;

Pursuant to Decree No. 29/2025/ND-CP dated February 24, 2025, defining the functions, tasks, powers and organizational structure of the Ministry of Industry and Trade, amended and supplemented under Decree No. 166/2025/ND-CP;

At the proposal of the Director of the Department of Investment Supervision and Appraisal, and the Director of the Department of Information Technology and Digital Transformation;

The Minister of Finance hereby promulgates the Circular providing for forms of investment monitoring and evaluation reports; online reporting regime; and management and operation of the investment monitoring and evaluation information system.

Chapter I

GENERAL PROVISIONS

Article 1. Scope of regulation

This Circular provides for:

1. Forms of reports on investment monitoring and evaluation activities as prescribed in Article 94 of the Government's Decree No. 19/2026/ND-CP dated January 14, 2026,

providing for the order and procedures for appraisal of nationally important projects and investment monitoring and evaluation, amended and supplemented under the Government's Decree No. 96/2026/ND-CP dated March 31, 2026, detailing and guiding the implementation of a number of articles of the Law on Investment, except for outward investment projects.

Projects financed by ODA and foreign donors' concessional loans shall use the report forms prescribed in this Circular. Matters that differ due to the specific characteristics of the use of such funding sources shall be governed by the laws on the use of ODA and foreign donors' concessional loans.

2. The investment monitoring and evaluation reporting regime on the operational information system for carrying out the monitoring and evaluation of investment programs and projects, and the management and operation of the investment monitoring and evaluation information system as prescribed in Article 95 of Decree No. 19/2026/ND-CP, amended and supplemented under Clause 7 Article 99 of Decree No. 96/2026/ND-CP.

Article 2. Subjects of application

This Circular applies to agencies, units, organizations, and individuals involved in the preparation and submission of reports on investment monitoring and evaluation activities.

Article 3. Interpretation of terms

1. Investment monitoring and evaluation information system (hereinafter referred to as the System) means the system for updating, storing, monitoring, evaluating, analyzing, and disclosing information, in accordance with regulations, on public investment programs and projects, investment projects implemented under the form of public-private partnership (hereinafter referred to as PPP), and investment projects under the Law on Investment nationwide. The System comprises the following components:

a) National investment monitoring and evaluation portal, which is the portal on investment monitoring and evaluation for the purpose of ensuring the public disclosure and transparency of investment information in accordance with the laws on public investment, PPP, and investment;

b) Operational information system, which is the system through which organizations and individuals involved in investment activities use accounts issued by the Ministry of Finance to carry out investment monitoring and evaluation operations in accordance with regulations (available at: https://nghiepvugiamsatdautu.mof.gov.vn/);

c) Technical infrastructure systems, including network systems, servers, security systems, system software, and application software.

2. Digital signatures used in the operational information system:

a) Party agencies, state agencies, and socio-political organizations shall use public duty-specialized digital signatures issued by the provider of public duty-specialized digital signature authentication services serving Party agencies, state agencies, and socio-political organizations.

b) Organizations and individuals other than those specified at Point a of this Clause shall use public digital signatures, being digital signature certificates issued by a public digital signature authentication service provider for use in public activities, secured by public digital signature certificates, and satisfying all requirements prescribed in Clause 3 Article 22 of the Law on E-Transactions.

3. Account management system means the system through which organizations and individuals involved in investment activities register accounts to access the operational information system (available at: https://taikhoan.mof.gov.vn).

4. Overall investment monitoring and evaluation data means the data set out in the 15 schedules of Form No. 01 to this Circular.

Chapter II

FORMS OF INVESTMENT MONITORING AND EVALUATION REPORTS; ONLINE REPORTING REGIME; AND MANAGEMENT AND OPERATION OF THE INVESTMENT MONITORING AND EVALUATION INFORMATION SYSTEM

Section 1

FORMS OF INVESTMENT MONITORING AND EVALUATION REPORTS

Article 4. Forms of reports and report schedules for investment monitoring and evaluation

1. Form of annual investment monitoring and evaluation report:

Form No. 01: Annual investment monitoring and evaluation report.

2. Forms of investment monitoring and evaluation reports for public investment programs and projects, including:

a) Form No. 02: Initial evaluation report;

b) Form No. 03: Periodic investment monitoring and evaluation report during the investment implementation phase (semiannual and annual);

c) Form No. 04: Mid-term or phase evaluation report;

d) Form No. 05: Investment monitoring and evaluation report before adjustment of investment projects;

dd) Form No. 06: Irregular evaluation report;

e) Form No. 07: Monitoring and evaluation report upon investment completion;

g) Form No. 08: Investment monitoring and evaluation report on operation and utilization (annual);

h) Form No. 09: Impact evaluation report;

i) Form No. 10: Annual report on monitoring and evaluation of programs and investment projects under the management.

3. Report forms and schedules for investment monitoring and evaluation of PPP projects, including:

a) Form No. 11: Periodic investment monitoring and evaluation report during the investment implementation phase (semiannual and annual);

b) Form No. 12: Investment monitoring and evaluation report on operation and utilization (annual);

c) The investment monitoring and evaluation report before adjustment of investment projects shall be made in accordance with Form No. 05 prescribed at Point d, Clause 2 of this Article;

d) The mid-term or phase evaluation report, irregular evaluation report, completion evaluation report, and impact evaluation report shall be made in accordance with the corresponding forms prescribed in Clause 2 of this Article.

4. Forms of investment project monitoring and evaluation reports under the Law on Investment, including:

a) Form No. 13:  (Quarterly and annual) monitoring and evaluation report on the implementation of the investment project (including the implementation, operation and utilization of the investment project);

b) Form No. 14: (Quarterly and annual) monitoring and evaluation report on the investment status (for investment registration agencies and provincial-level People's Committees);

c) Form No. 15: Irregular evaluation report;

d) Form No. 16: Investment monitoring and evaluation report before adjustment of investment projects;

dd) Form No. 17: Completion evaluation report;

e) Form No. 18: Impact evaluation report.

5. Form of community investment monitoring report:

Form No. 19: Community investment monitoring report.

6. For projects financed by multiple funding sources, including state capital, schedules and reporting regime shall comply with the regulations applicable to public investment projects. For PPP projects using state capital, the schedules prescribed in Clause 3 of this Article shall apply.

7. In the above forms, italicized text constitutes guidance only and shall be completed by users based on the actual circumstances.

Section 2

ONLINE REPORTING REGIME; AND MANAGEMENT AND OPERATION OF THE INVESTMENT MONITORING AND EVALUATION INFORMATION SYSTEM

Article 5. Regulations on updating information and data, and the reporting regime applicable to users, investors, and component project owners under the law on public investment

1. Upon approval of the investment program or project: The project owner or the component project owner shall update the program or project information on the System in accordance with the investment policy decision, investment decision within 7 working days from the date of investment decision.

2. During project implementation, the project owner or the component project owner shall:

a) On the 25^th of each month, periodically update information and data, and prepare the consolidated schedule on the implementation and disbursement of public investment capital for submission, via the System, to the investment decision-making agency, the managing agency, and the focal unit responsible for investment monitoring and evaluation.

b) Periodically consolidate and update information and data, and prepare the semiannual and annual investment monitoring and evaluation reports for submission, via the System, to the investment decision-making agency, the managing agency, and the focal unit responsible for investment monitoring and evaluation.

c) Update information and data on the System within 7 working days after the competent authority approves the following adjustments or newly arising matters:

Approval of adjustments to the investment policy for the program or project;

Approval of adjustments to the project or component project;

Approval of adjustments to the ODA financing agreement or concessional loan agreement for projects using ODA or concessional loans;

Approval or adjustment of the technical design or construction drawing design and cost estimate;

Approval or adjustment of the contractor selection plan or results;

Contracts and contract amendments;

Allocated capital plans;

Accepted work values and disbursed amounts;

Information on inspections and evaluations;

Program and project monitoring and evaluation reports.

In addition to the information and reports required to be uploaded under the above provisions, it is encouraged to upload all relevant documents in accordance with the functions of the System.

d) The reporting deadlines shall comply with Point a, Clause 11, Article 94 of Decree No. 19/2026/ND-CP, amended under Point d, Clause 6, Article 99 of Decree No. 96/2026/ND-CP.

3. Upon completion of the project or component project: The project owner or the component project owner shall update the project account finalization information in accordance with the decision approving the project account finalization within 7 working days from the date on which the account finalization is approved, and shall prepare and submit the completion evaluation report, in accordance with regulations, to the competent agency via the System.

4. During the operation and utilization: The user shall consolidate information and data and prepare the annual monitoring and evaluation report on the operation and utilization before February 10 of the year following the reporting year, and shall submit the impact evaluation report, via the System, to the managing agency and the focal unit responsible for overall investment monitoring and evaluation.

Article 6. Regulations on updating information and data and the reporting regime applicable to project owners and investors of PPP projects

1. Upon being selected as the investor: Update the project information on the System in accordance with the investment policy decision, project approval decision, investor selection results, and the project contract within 7 working days from the date of execution of the project contract.

2. During project implementation:

a) On the 25^th of each month, periodically update information and data, and prepare the consolidated schedule on the implementation and disbursement of investment capital for submission, via the System, to the project contract-signing agency, state management agency in charge of PPP, and the focal unit responsible for investment monitoring and evaluation.

b) Periodically consolidate and update information and data, and prepare the semiannual and annual investment monitoring and evaluation reports for submission, via the System, to the project contract-signing agency, state management agency in charge of PPP, and the focal unit responsible for investment monitoring and evaluation.

c) Update information and data on the System within 7 working days after the competent authority approves the following adjustments or newly arising matters:

Approval of adjustments to the project investment policy;

Approval of adjustments to the project or component project;

Approval or adjustment of the technical design or construction drawing design and cost estimate;

Approval or adjustment of the contractor selection plan or results;

Contract amendments;

Allocated capital plans;

Accepted work values and disbursed amounts;

Information on inspections and evaluations;

Project monitoring and evaluation reports.

In addition to the information and reports required to be uploaded under the above provisions, it is encouraged to upload all relevant documents in accordance with the functions of the System.

d) Update the project account finalization information in accordance with the decision approving the project account finalization within 7 working days from the date on which the account finalization is approved, and shall prepare and submit the completion evaluation report, in accordance with regulations, to the competent agency via the System.

3. During the project operation and utilization: Periodically consolidate information and data, and prepare the annual monitoring and evaluation report on the operation and utilization and the impact evaluation report for submission, via the System, to the project contract-signing agency, state management agency in charge of PPP, and the focal unit responsible for overall investment monitoring and evaluation.

4. The reporting deadlines shall comply with Point a, Clause 11, Article 94 of Decree No. 19/2026/ND-CP, amended under Point d, Clause 6, Article 99 of Decree No. 96/2026/ND-CP.

Article 7. Regulations on updating information and data and the reporting regime applicable to investors under the Law on Investment

1. Upon being selected as the investor: Update the project information on the System in accordance with the investment policy approval decision, investor selection decision, investment registration certificate, together with the relevant legal documents, within 7 working days from the date on which the competent authority approves the investment policy concurrently with approval of the investor, or selects the investor to implement the project, or issues the investment registration certificate.

2. During project implementation:

a) Quarterly, update information and data on the implementation of the investment project for submission, via the System, to the investment registration agency and the focal agency responsible for investment monitoring and evaluation.

b) Periodically consolidate and update information and data, and prepare the annual investment monitoring and evaluation reports for submission, via the System, to the investment registration agency and the focal agency responsible for investment monitoring and evaluation.

c) Update information and data on the System within 7 working days after the competent authority approves the following adjustments or newly arising matters:

Approval of adjustments to the project investment policy;

Approval of adjustments to the project or component project;

Approval or adjustment of the technical design or construction drawing design and cost estimate (for projects implemented by state-owned enterprises; projects involving construction works that significantly affect public safety or interests, or that are of large scale or involve complex technical requirements and are required to undergo verification of construction designs in accordance with the construction law);

Information on inspections and evaluations;

Project monitoring and evaluation reports.

In addition to the information and reports required to be uploaded under the above provisions, it is encouraged to upload all relevant documents in accordance with the functions of the System.

d) Upon completion of the project: Update the project account finalization information in accordance with the decision approving the project account finalization within 7 working days from the date on which the account finalization is approved (if any), and shall prepare and submit the completion evaluation report, in accordance with regulations, to the competent agency via the System.

3. During the operation and utilization phase of the project, on a quarterly and annual basis, update information and data, and prepare the monitoring and evaluation report on the operation and utilization on the System, including the following contents: implemented investment capital, business investment results, information on labor, payment to the state budget, investment in research and development, environmental treatment and protection, and specialized indicators by field of operation;

4. The reporting deadlines shall comply with Point a, Clause 11, Article 94 of Decree No. 19/2026/ND-CP, amended under Point d, Clause 6, Article 99 of Decree No. 96/2026/ND-CP.

Article 8. Regulations on updating information and data and the reporting regime applicable to investment projects using state capital other than public investment funds

1. For investment projects using state capital other than public investment funds in state-owned enterprises, the project owner and the investor shall update information and data and comply with the reporting regime in accordance with Article 7 of this Circular.

2. For other investment projects using state capital other than public investment funds, the project owner shall update information and data and comply with the reporting regime in accordance with Article 5 of this Circular.

Article 9. Regulations on overall investment monitoring and evaluation reports of ministries, central agencies, local authorities, and state-owned enterprises

1. Investment registration agencies shall periodically consolidate information and data and prepare quarterly and annual reports on the investment within their management scope (including  the receipt, issuance, modification, and revocation of investment registration certificates, and operation of investment projects) for submission, via the System, to the provincial-level People's Committee and the focal agency responsible for investment monitoring and evaluation.

2. Provincial-level People’s Committees shall:

a) Quarterly, consolidate information and data or information and data from quarterly reports on the investment submitted by investors and subordinate management agencies, and prepare reports on the investment within the localities in accordance with the Law on Investment for submission, via the System, to ministries and ministerial-level agencies.

b) Annually, consolidate overall investment information and data within the management scope or information and data from the investment monitoring and evaluation reports submitted by users, project owners, investors, and subordinate management agencies; prepare the overall investment monitoring and evaluation report in accordance with Form No. 01 of this Circular; and submit it, via the System, to the Ministry of Finance.

3. Ministries and central agencies shall:

a) Quarterly and annually, report on investment activities related to the scope of their management to the Ministry of Finance for summarization and reporting to the Prime Minister;

b) Quarterly, consolidate specialized information and data or information and data from the investment monitoring and evaluation reports on the investment submitted by provincial-level People's Committees; prepare reports on investment activities within the management and submit them, via the System, to the Ministry of Finance for consolidation and reporting to the Prime Minister in accordance with the law on investment.

c) Annually, consolidate overall investment information and data within the management scope or information and data from the investment monitoring and evaluation reports submitted by users, project owners, investors, and subordinate management agencies; prepare the overall investment monitoring and evaluation report in accordance with Form No. 01 of this Circular; and submit it, via the System, to the Ministry of Finance.

4. Where a state-owned enterprise is the managing agency of a public investment project, it shall annually consolidate information and data and prepare the overall investment monitoring and evaluation report in accordance with Form No. 01 of this Circular for submission, via the System, to the Ministry of Finance.

5. Where a report uploaded to the System has been authenticated by a digital signature, no additional paper report is required to be submitted to the competent agencies as prescribed in Decree No. 19/2026/ND-CP, amended and supplemented under Decree No. 96/2026/ND-CP, and this Circular.

6. After the resolution on the local medium-term and annual public investment plan has been approved, the locality shall upload to the System the complete list and the amount of capital allocated to each program and project using the local budget.

7. The reporting deadlines shall comply with Points b and c, Clause 11, Article 94 of Decree No. 19/2026/ND-CP, amended under Point d, Clause 6, Article 99 of Decree No. 96/2026/ND-CP.

Article 10. Regulations on updating information and submitting reports on the operational information system for investment monitoring and evaluation

1. The updating of information and submission of reports on the operational information system in accordance with Articles 5, 6, 7, and 8 of this Circular shall replace the periodic paper-based reporting by project owners, investors, and component project owners as prescribed in Decree No. 19/2026/ND-CP, amended and supplemented under Decree No. 96/2026/ND-CP, and this Circular.

In addition to the information and reports that project owners, investors, and component project owners are required to upload under the above provisions, they are encouraged to fully upload documents in accordance with the functions of the operational information system.

2. The documents prescribed at Point b, Clause 4, Article 95 of Decree No. 19/2026/ND-CP and Articles 5, 6, 7, 8, and 9 of this Circular that are uploaded to the System shall be either color-scanned copies of the original documents/originals or electronic documents bearing digital signatures.

3. Project owners, investors, and component project owners that fail to fully comply with the reporting regime prescribed in this Article shall be subject to sanctions for violations in accordance with Article 97 of Decree No. 19/2026/ND-CP.

Article 11. Account management

1. Account registration

a) Where a digital signature has been issued:

Register online at: https://taikhoan.mof.gov.vn

b) Where a digital signature has not yet been issued:

Access https://taikhoan.mof.gov.vn, fill the relevant information of the project owner, investor, or component project owner, and then proceed by one of the following methods:

Method 1: Contact the managing agency so that it may use its issued account to verify the registration information.

Method 2: Print the account registration form after completing the required information, obtain certification from the head of the unit or the legal representative (signature and seal), and send a color-scanned copy of the registration form by email to [email protected].

2. Account issuance

a) For accounts registered in accordance with Point a, Clause 1 of this Article: The Ministry of Finance shall issue the account within 1 working day after completion of the registration.

b) For accounts registered under Method 1 prescribed at Point b, Clause 1 of this Article: The Ministry of Finance shall issue the account within 1 working day after the managing agency verifies the registration information.

c) For accounts registered under Method 2 prescribed at Point b, Clause 1 of this Article: The Ministry of Finance shall issue the account within 1 working day after receipt of the email enclosing the registration form.

d) Newly issued account information shall be sent to the declared email address.

dd) Where a user requests reissuance of a password, the declared information shall serve as the basis for the Ministry of Finance to reissue the password.

3. Account authentication

The account management system is connected to the national population database to authenticate the personal information used for account registration.

4. Account revocation and suspension

a) An account shall be revoked upon receipt of a written request, an email bearing a digital signature, or an electronic document bearing a digital signature from the managing agency.

b) An account shall be suspended immediately upon detection of its use for the purpose of destroying data or attacking or scanning the System.

5. Account security requirements

a) Users shall change the initial password within 1 working day from the date of receipt of the account.

b) Passwords shall not be disclosed to persons who are not responsible for updating information on the System. Where there is a change in the account user, the person taking over the account shall change the password and update the account user information on the System.

Article 12. Responsibilities of users, project owners, investors, and component project owners

1. Fully, promptly, and accurately update information and reports in accordance with Articles 5, 6, 7, and 8 of this Circular, and confirm the data updated on the System within the prescribed time limits.

2. Update public investment information and data on a monthly basis; make quarterly investment reports in accordance with the Law on Investment; and prepare semiannual and annual investment monitoring and evaluation reports in accordance with Articles 5, 6, 7, and 8 of this Circular.

3. Take responsibility for the information and data entered into the System and bear legal responsibility where reports or provided information on the investment implementation within their management are inaccurate.

4. Assign personnel to manage and use user accounts. Urge and supervise compliance by account users with the account security requirements prescribed in Clause 5, Article 11 of this Circular.

Article 13. Responsibilities of ministries, sectors, localities and state-owned enterprises

1. Verify the account registration information of subordinate agencies or project owners under their management in accordance with Point b, Clause 1, Article 11 of this Circular.

Investment registration agencies shall be responsible for verifying the account registration information of investors, economic organizations participating in project implementation, and project enterprises under their management.

2. Prepare quarterly reports on the monitoring and evaluation of investment activities and annual investment monitoring and evaluation reports in accordance with Article 9 of this Circular.

3. Monthly, before the last day of the month (except for December, for which the deadline is before February 15 of the following year), monitor and update on the System, the implementation and investment capital disbursement of managed public investment programs and projects and PPP projects, updated by project owners and investors.

Quarterly, provincial-level People's Committees shall, before the 20^th day of the first month of the following quarter (except for the fourth quarter, for which the deadline is before February 15 of the following year), review and consolidate the data on investment projects under the Law on Investment within localities that have been updated on the System by investment registration agencies, provincial-level focal agencies responsible for investment monitoring and evaluation, project owners, and investors.

For the semiannual investment monitoring and evaluation report, before July 15, confirm the data on public investment capital disbursement and the aggregated investment capital for construction works and infrastructure systems on the System for public investment projects and PPP projects under their management that have been updated by project owners and investors.

4. Urge and supervise subordinate agencies, component project owners, investors, and economic organizations under their management in complying with the regulations on updating information and submitting reports on the System.

5. Assign personnel to manage and use user accounts. Urge and supervise compliance by account users with the account security requirements prescribed in Clause 5, Article 11 of this Circular.

Article 14. Responsibilities of units under the Ministry of Finance

1. The Information Technology Department shall:

a) Develop, manage, and operate the System.

b) Manage user accounts for the System nationwide.

c) Assume the prime responsibility for organizing the interoperability of investment-related information and data among the Ministry's information systems to ensure that such information and data are updated fully, promptly, and accurately in accordance with regulations.

d) Coordinate in urging, supervising, and inspecting the updating of information and submission of reports on the System.

dd) Publicly disclose, in real time, the status of System utilization; publicly disclose the reporting status of agencies on the System and other information in accordance with regulations.

e) Provide nationwide training and guidance on the operation and use of the System.

2. The Department of Investment Supervision and Appraisal shall:

a) Annually consolidate the overall investment monitoring and evaluation report on the System, including:

- Consolidating information from the overall investment monitoring and evaluation data of ministries, sectors, local authorities, and state-owned enterprises on the System.

Uploading the annual investment monitoring and evaluation report bearing the official seal or a digital signature to the System.

b) Assume the prime responsibility for urging, supervising, and inspecting the updating of information and submission of reports on the System.

Chapter III

IMPLEMENTATION PROVISIONS

Article 15. Effect

1. This Circular takes effect from the date of its signing.

2. This Circular replaces the Ministry of Planning and Investment’s Circular No.  05/2023/TT-BKHDT dated June 30, 2023, providing for forms of investment monitoring and evaluation reports; online reporting regime; and management and operation of the investment monitoring and evaluation information system applicable to state-funded investment programs and projects.

3. In case the legal documents referred to in this Circular are amended, supplemented or replaced, the amending, supplementing or replacing ones shall prevail.

Article 16. Transitional provisions

For PPP projects and investment projects under the Law on Investment that are under implementation or in the operation and utilization before the effective date of this Circular, the competent agency, focal agency responsible for investment monitoring and evaluation, investment registration agency, contract-signing agency, project owner, and the investor shall, based on their responsibilities for monitoring and supervision as prescribed by the law on investment monitoring and evaluation, enter into the System the information and data relating to such projects.

Article 17. Implementation organization

Competent agencies, focal agencies responsible for investment monitoring and evaluation, investment registration agencies, and contract-signing agencies shall disseminate this Circular to project owners and investors for implementation of reporting on the System in accordance with this Circular.

Any problem arising in the course of implementation should be promptly reported to the Ministry of Finance for guidance./.