Circular 98/2025/TT-BTC forms of bidding dossiers for selection of investors to implement PPP and business investment projects

CIRCULAR

Providing the form of bidding documents for selecting investors to implement investment projects in the form of public-private partnership and business investment projects; provision and posting of information on investment in the form of public-private partnership and bidding for selecting investors on the Vietnam National Electronic Procurement System^[1]

Pursuant to Bidding Law No. 22/2023/QH15 as amended and supplemented under Law No. 57/2024/QH15 and Law No. 90/2025/QH15;

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

Pursuant to the Government’s Decree No. 115/2024/ND-CP of September 16, 2024, detailing a number of articles of, and measures to implement, the Bidding Law regarding selection of investors to implement land-using investment projects, as amended and supplemented under the Government’s Decree No. 225/2025/ND-CP of August 15, 2025;

Pursuant to the Government’s Decree No. 23/2024/ND-CP of February 27, 2024, detailing a number of articles of, and measures to implement, the Bidding Law regarding selection of investors to implement projects subject to bidding in accordance with specialized laws, as amended and supplemented under the Government’s Decree No. 225/2025/ND-CP of August 15, 2025;

Pursuant to the Government’s Decree No. 180/2025/ND-CP of July 1, 2025, on mechanisms and policies on public-private cooperation in the field of science and technology development, innovation and digital transformation;

Pursuant to the Government’s Decree No. 243/2025/ND-CP of September 11, 2025, detailing a number of articles of the Law on Investment in the Form of Public-Private Partnership;

Pursuant to the Government’s Decree No. 257/2025/ND-CP of October 8, 2025, providing in detail the implementation of projects under build-transfer contracts;

Pursuant to the Government’s Decree No. 29/2025/ND-CP of February 24, 2025, defining the functions, tasks, powers and organizational structure of the Ministry of Finance, as amended and supplemented under the Government’s Decree No. 166/2025/ND-CP of June 30, 2025;

At the proposal of the Director of the Public Procurement Agency;

The Minister of Finance promulgates the Circular providing the form of bidding documents for selecting investors to implement investment projects in the form of public-private partnership and business investment projects; provision and posting of information on investment in the form of public-private partnership, and bidding for selecting investors on the Vietnam National Electronic Procurement System.

Chapter I

GENERAL PROVISIONS

Article 1. Scope of regulation

This Circular provides:

1. The form of bidding documents for selecting investors to implement investment projects in the form of public-private partnership (PPP projects) and business investment projects.

2. The provision and posting of information on investment in the form of public-private partnership, and bidding for selecting investors on the Vietnam National Electronic Procurement System.

Article 2. Subjects of application

1. Organizations and individuals involved in investor selection activities falling within the scope of regulation prescribed Article 1 of this Circular.

2. Organizations and individuals carrying out investor selection activities not falling within the scope of regulation of the Bidding Law may opt to apply this Circular. In this case, the procedures for provision and posting of information must comply with the User Manual on the Vietnam National Electronic Procurement System.

Article 3. Interpretation of terms

1. Vietnam National Electronic Procurement System (below referred to as the System), National Business Registration Information System, digital certificates used on the System, User Manual, and operating account are construed under Clauses 1, 2, 6, 7 and 10, Article 3 of the Minister of Finance’s Circular No. 79/2025/TT-BTC of August 4, 2025, guiding the provision and posting of information on bidding and forms of bidding documents on the Vietnam National Electronic Procurement System (below referred to as Circular No. 79/2025/TT-BTC).

2. Electronic documents mean documents and information successfully sent, received and stored on the System, including:

a/ Decisions on investment policy, decisions approving PPP projects;

b/ Decisions approving investment policy for business investment projects (for projects subject to investment policy approval in accordance with the law on investment), and documents approving project information (for projects not subject to investment policy approval);

c/ Table for tracking the progress of investor selection activities under business investment projects; shortlists (for business investment projects applying the restricted bidding method);

d/ Notices of invitation for expression of interest, notice of invitation for bids;

dd/ Dossiers of invitation for expression of interest, bidding dossiers;

e/ Consortium agreements;

g/ Minutes of bid opening;

h/ Results of the invitation for expression of interest; lists of investors meeting technical requirements; investor selection results;

i/ Clarifications and modifications of dossiers of invitation for expression of interest, dossiers of registration for project implementation, bidding dossiers, and bid dossiers; and petitions regarding investor selection results;

k/ Other electronic documents exchanged on the System.

3. Invalid information means information uploaded to the System by the subjects specified in Article 2 of this Circular in violation of the law on investment in the form of PPP, the bidding law, specialized laws and other relevant laws.

4. Organization participating in the System means an agency or organization that registers to participate in the System with one or more than one of the following roles:

a/ Competent agency, contract-signing authority;

b/ Bid solicitor, party inviting the expression of interest;

c/ Investor;

d/ Subordinate or attached agency, organization or unit of a ministry, ministerial-level agency, central agency, another agency, or provincial-level People’s Committee; or commune-level People’s Committee.

5. Account participating in the System means an account granted by the Vietnam National Electronic Procurement Center to an organization participating in the System to perform one or more than one of the roles specified in Clause 4 of this Article.

Article 4. Formulation of notices of interest survey, bidding dossiers, and dossiers of requirements for PPP projects

1. For PPP projects, the bid solicitor and expert group shall formulate the notice of interest survey, bidding dossier, and dossier of requirements in accordance with the Law on Investment in the Form of Public-Private Partnership (below referred to as the PPP Law), the Government’s Decree No. 243/2025/ND-CP of September 11, 2025, detailing a number of articles of the PPP Law (below referred to as Decree No. 243/2025/ND-CP), the Government’s Decree No. 257/2025/ND-CP of October 8, 2025, providing in detail  the implementation of projects under build-transfer contracts (below referred to as Decree No. 257/2025/ND-CP), guidance on investment activities in the form of PPP of ministries and ministerial-level agencies (if any), and other relevant laws, specifically as follows:

a/ The notice of interest survey shall be made according to the form provided in Appendix I to this Circular;

b/ The guidance on the exchange on bidding dossiers for projects applying the competitive negotiation method shall be made according to the form provided in Appendix II to this Circular;

c/ The bidding dossier shall be made according to the form provided in Appendix III to this Circular;

d/ The dossier of requirements for projects applying the ordinary investor appointment procedures shall be made according to the form provided in Appendix IV to this Circular.

2. For projects applying the fast-track investor appointment procedures:

a/ In the course of appraising the investor’s dossier of proposals for the project, the project appraisal unit shall assess the investor’s capital arrangement ability and the conformity of the draft contract with the provisions of Point d, Clause 7, Article 27 of Decree No. 243/2025/ND-CP, specifically as follows:

The investor’s capital arrangement ability shall be assessed based on the provisions on capacity assessment in Section 2, Chapter II, Part 1, Appendix IV to this Circular.

The conformity of the draft contract shall be assessed based on the provisions on draft contracts in Section 3, Appendix III to this Circular, Appendix III to Decree No. 243/2025/ND-CP, and Articles 14 and 16 of Decree No. 257/2025/ND-CP.

b/ After obtaining the project approval decision and investor appointment result, the bid solicitor shall formulate capacity requirements and financial-commercial requirements as specified at Point a, Clause 3, Article 56 of Decree No. 243/2025/ND-CP and Point a, Clause 3, Article 10 of Decree No. 257/2025/ND-CP to serve as a basis for negotiation organization and contract finalization, specifically as follows:

Capacity requirements shall be formulated based on the updating of information on the investor’s eligibility and ability to arrange equity and mobilize borrowed capital according to the project approval decision.

Financial-commercial requirements shall be formulated based on the provisions on financial and commercial evaluation in Section 4, Chapter II, Part 1, Appendix IV to this Circular.

3. For projects applying the method of investor selection in special cases, requirements on the investor’s financial capacity and project implementation conditions shall be formulated based on the provisions on the model dossier of requirements in Appendix IV to this Circular.

4. In Appendices I, II, III and IV to this Circular, the italicized contents are guidelines and illustrations and will be concretized in the bidding dossier and dossier of requirements based on the specific scale, characteristics, fields and conditions (if any) of each project.

Article 5. Formulation of notices of invitation for expression of interest, dossiers of invitation for expression of interest, bidding dossiers, and dossiers of requirements for business investment projects

1. The party inviting the expression of interest, bid solicitor and expert group shall formulate the notice of invitation for expression of interest, bidding dossier and dossier of requirements in accordance with the Bidding Law, the Government’s Decree No. 23/2024/ND-CP of February 27, 2024, detailing a number of articles of, and measures to implement, the Bidding Law regarding selection of investors to implement projects subject to bidding in accordance with specialized laws (below referred to as Decree No. 23/2024/ND-CP), and the Government’s Decree No. 115/2024/ND-CP of September 16, 2024, detailing a number of articles of, and measures to implement, the Bidding Law regarding selection of investors to implement land-using investment projects (below referred to as Decree No. 115/2024/ND-CP), guidance of line ministries (if any), and other relevant laws, specifically as follows:

a/ The notice of invitation for expression of interest and dossier of invitation for expression of interest shall be made according to the forms provided in Appendix V to this Circular;

b/ The bidding dossier for projects applying single-stage single-envelope open bidding or restricted bidding method shall be made according to the form provided in Appendix VI to this Circular;

c/ The bidding dossier for projects applying the single-stage two-envelope open bidding method shall be made according to the form provided in Appendix VII to this Circular;

d/ The dossier of requirements for projects applying the ordinary investor appointment procedures as specified at Point a, Clause 1, Article 44d of Decree No. 115/2024/ND-CP shall be made according to the form provided in Appendix VIII to this Circular;

dd/ For business investment projects in the field of electricity, the form of bidding documents must comply with the Ministry of Industry and Trade’s guidance.

2. For projects applying the fast-track investor appointment procedures as specified at Point b, Clause 1, Article 44d of Decree No. 115/2024/ND-CP, the requirements on capacity, land use efficiency and investment effects on sectoral or local development  shall be formulated based on the model dossier of requirements provided in Appendix VIII to this Circular.

3. For projects applying the procedures for investor selection in special cases, the requirements on the investor’s financial capacity and project implementation conditions shall be formulated based on the model dossier of requirements provided in Appendix VIII to this Circular.

4. For projects applying the two-stage single-envelope method, the bidding dossier shall be formulated based on the model bidding dossier provided  in Appendix VI to this Circular.

5. In Appendices V, VI, VII and VIII to this Circular, the italicized contents are guidelines and illustrations and will be concretized in the dossier of invitation for expression of interest, bidding dossier and dossier of requirements based on the specific scale, characteristics, fields and conditions (if any) of each project.

Chapter II

PROVISION AND POSTING OF INFORMATION ON INVESTMENT IN THE FORM OF PPP AND BIDDING FOR INVESTOR SELECTION ON THE SYSTEM

Article 6. Principles of provision and posting of information on the System

1. Provisions on the format of attached files; technical handling in case the System encounters incidents beyond control; account management and use of digital certificates; sending and receipt of electronic documents on the System; and conditions on information technology infrastructure must comply with the relevant provisions in Articles 5, 6, 7, 8 and 9 of Circular No. 79/2025/TT-BTC.

2. The organization operating the System shall perform its responsibilities under Article 52 of the Bidding Law, Article 25 of Circular No. 79/2025/TT-BTC, and the corresponding responsibilities for providing and posting information on the System specified in this Circular.

Article 7. Project information and survey of investor interest

1. For PPP projects:

The competent agency shall post or assign its subordinate or attached agency, organization or unit to post information on the project on the System, attached with the investment policy decision, decision on investment policy adjustment (if any), project approval decision, and decision on project adjustment approval (if any), before organizing investor selection under Point a, Clause 2, Article 3 of Decree No. 243/2025/ND-CP.

b/ The competent agency shall post or assign its subordinate or attached agency, organization or unit to post the notice of interest survey on the System. The interest survey must comply with Article 20 of Decree No. 243/2025/ND-CP. 

2. For business investment projects:

a/ For projects subject to investment policy approval:

Ministries, ministerial-level agencies, provincial-level People’s Committees, or Economic Zone Management Boards shall assign their subordinate or attached agencies, organizations or units, or commune-level People’s Committees to post the decision on investment policy approval on the System before organizing bidding for investor selection as specified in Clause 2, Article 10 of Decree No. 115/2024/ND-CP and Article 9 of Decree No. 23/2024/ND-CP.

a/ For projects not subject to investment policy approval:

Ministries, ministerial-level agencies, provincial-level People’s Committees, or Economic Zone Management Boards shall assign their subordinate or attached agencies, organizations or units, or commune-level People’s Committees to post information on the business investment projects on the System before organizing bidding for investor selection as specified at Point c, Clause 1, Article 11 of Decree No. 115/2024/ND-CP; and Point c, Clause 1, Article 10 of Decree No. 23/2024/ND-CP.

Article 8. Tables for tracking the progress of investor selection activities under business investment projects

Ministries, ministerial-level agencies, provincial-level People’s Committees, or Economic Zone Management Boards shall assign their subordinate or attached agencies, organizations or units, or the commune-level People’s Committees to post the tables for tracking the progress of investor selection activities on the System before organizing bidding for investor selection specified in Clause 5, Article 12 of Decree No. 115/2024/ND-CP; and Clause 5, Article 11 of Decree No. 23/2024/ND-CP.

Article 9. Issuance, modification and clarification of dossiers of invitation for expression of interest; extension of the time limits for submission of dossiers of registration for project implementation for business investment projects

1. Issuance of dossiers:

a/ The dossier of invitation for expression of interest shall be issued free of charge simultaneously with the notice of invitation for expression of interest on the System. During the process of posting the notice of invitation for expression of interest, the inviting party shall attach the decision approving the dossier of invitation for expression of interest and the approved dossier;

b/ The inviting party may not issue paper copies of the dossier of invitation for expression of interest. In case the inviting party issues paper copies to investors, such paper copies have no legal validity for formulation and evaluation of dossiers of registration for project implementation.

2. Modification of dossiers:

a/ In case of modification of the dossier of invitation for expression of interest after its issuance, the inviting party shall post on the System the decision on such modification, attached with the modified contents of the dossier and the modified dossier;

b/ The modification must comply with the time limit specified in Clause 3, Article 39 of Decree No. 23/2024/ND-CP, and Clause 3, Article 40 of Decree No. 115/2024/ND-CP.

3. Clarification of dossiers:

a/ When investors need to clarify the dossier of invitation for expression of interest, they shall submit a request for clarification to the inviting party on the System at least 5 working days before the deadline for submission of dossiers of registration for project implementation;

b/ The inviting party shall post a document on clarification of the dossier of invitation for expression of interest on the System at least 2 working days before the deadline for submission of dossiers of registration for project implementation;

c/ The clarification contents must not contradict the content of the dossier already posted on the System. In case the clarification of the dossier results in the modification of the dossier, the modification must comply with Clause 2 of this Article.

4. Extension of the time limit for submission of dossiers of registration for project implementation:

In case it is necessary to extend the time limit for submission of dossiers of registration for project implementation, the inviting party shall post a notice on the extension, attached with a decision approving the extension, on the System. The notice of extension must state the reason for the extension and the new bid-closing time.

Article 10. Shortlists for business investment projects applying the restricted bidding method

The bid solicitor shall publicly post the approved shortlist, attached with the approval decision, on the System in conformity with the table for tracking the progress of investor selection activities.

Article 11. Invitation to bid, issuance, modification and clarification of bidding dossiers; and extension of the bid closing time for PPP projects

1. Invitation to bid:

a/ For projects applying the competitive negotiation method, the letter of invitation to bid shall be sent to the investors on the shortlist, clearly stating the time and place of issuance of bidding dossiers, the bid closing time, and the bid opening time;

b/ For projects applying the open bidding method, the bid solicitor shall post the notice of invitation to bid on the System under Point b, Clause 2, Article 3 of Decree No. 243/2025/ND-CP;

c/ For projects applying the form of international investor selection method, the bid solicitor shall post the notice of invitation to bid in English and Vietnamese on the System under Point b, Clause 2, Article 3 of Decree No. 243/2025/ND-CP and on the website of the concerned ministry, central agency, another agency, line ministry or provincial-level People’s Committee (if any) or in an English-language newspaper published in Vietnam.

2. Issuance of bidding dossiers:

a/ For projects applying the domestic competitive negotiation method, the bidding dossier shall be issued free of charge to the investors on the shortlist;

b/ For projects applying the domestic open bidding method, the bidding dossier shall be issued free of charge with the complete files thereof posted on the System;

c/ For projects applying the international investor selection method, the bidding dossier shall be issued on the System. Investors shall pay an amount equal to the selling price of 1 set of electronic bidding dossier when submitting their bid dossiers under Point c, Clause 2, Article 44 of Decree No. 243/2025/ND-CP;

d/ In case of issuing the bidding dossier on the System as specified at Points b and c of this Clause, the bid solicitor may not issue paper copies thereof to investors. In case the bid solicitor issues the paper copies to investors, the paper copies have no legal validity for formulation and evaluation of bid dossiers.

dd/ During the process of posting the notice of invitation to bid, the bid solicitor shall attach thereto the decision approving the bidding dossier and the approved bidding dossier.

e/ In case the content of the bidding dossier posted on the System differs from the content of the approved bidding dossier, the approved bidding dossier shall be used for formulation and evaluation of bid dossiers.

3. Modification of bidding dossiers:

a/ In case of modifying the bidding dossier after it is issued, the bid solicitor shall send the modification decision, enclosed with the modified contents, to the investors on the shortlist, for projects applying the competitive negotiation method, or post it on the System, for projects applying the open bidding method;

b/ The decision on modification of the bidding dossier shall be posted for at least 10 days, for domestic investor selection, or 15 days, for international investor selection, counted up to the bid closing date. In case of failure to meet such requirement, the bid solicitor shall extend the bid closing time accordingly.

4. Clarification of bidding dossiers:

a/ For projects applying the competitive negotiation method, investors shall submit a written request for clarification of the bidding dossier to the bid solicitor at least 5 working days (for domestic investor selection) or 7 working days (for international investor selection) before the bid closing date for consideration and processing under Point a, Clause 4, Article 44 of Decree No. 243/2025/ND-CP. The bid solicitor shall clarify the bidding dossier by sending the clarification document to the investors on the shortlist;

b/ For projects applying the open bidding method, investors shall send a written request for clarification of the bidding dossier to the bid solicitor directly or through the System at least 5 working days (for domestic investor selection) or 7 working days (for international investor selection) before the bid closing date for consideration and processing under Point b, Clause 4, Article 44 of Decree No. 243/2025/ND-CP. The bid solicitor shall clarify the bidding dossier by posting the clarification document on the System at least 2 working days before the bid closing date;

c/ When necessary, the bid solicitor shall organize a pre-bidding conference to discuss the bidding dossier’s contents that remain unclear to investors. The contents of the discussion shall be recorded in a minutes by the bid solicitor and compiled into a clarification document of the bidding dossier; the clarification document shall be sent to the investors on the shortlist, for the projects specified at Point a of this Clause, or posted on the System at least 2 working days before the bid closing date;

d/ The clarification content of the bidding dossier must not contradict the content of the approved biding dossier posted on the System. In case the clarification of the bidding dossier results in the modification of the dossier, the modification must comply with Clause 3 of this Article.

5. Extension of the time limit for submission of bid dossiers:

a/ The bid solicitor shall send a notice on the extension for submission of bid dossiers, enclosed with the extension decision, to the investors on the shortlist (for projects applying the competitive negotiation method) or post the notice of extension, attached with the approval decision, on the System;

b/ The notice of extension must state the reason for the extension and the new bid-closing time.

Article 12. Invitation to bid, issuance, modification and clarification of bidding dossiers; and extension of the bid closing time for business investment projects

1. Invitation to bid:

a/ For projects applying the restricted bidding method, the letter of invitation to bid shall be sent to the investors on the shortlist;

b/ For projects applying the open bidding method, the notice of invitation to bid shall be posted on the System;

c/ For project applying international open bidding method, the bid solicitor shall post the notice of invitation to bid in English and Vietnamese on the System and on the website of the concerned ministry, central agency, another agency, line ministry or provincial-level People’s Committee (if any) or in an English-language newspaper published in Vietnam.

2. Issuance of bidding dossiers:

a/ For projects applying the domestic open bidding method, the bidding dossier shall be issued free of charge with the complete file posted on the System;

b/ For projects applying the domestic restricted bidding method, the bidding dossier shall be issued free of charge with the completed file posted on the System to the investors on the shortlist;

c/ For projects applying the international investor selection method, the bidding dossier shall be issued on the System. Investors shall pay an amount equal to the selling price of a set of electronic bidding dossier when submitting their bid dossiers under Point a, Clause 9, Article 6; and Point c, Clause 2, Article 16, of Decree No. 23/2024/ND-CP (as amended and supplemented under Point a, Clause 11, Article 66 of Decree No. 115/2024/ND-CP), and Point a, Clause 9, Article 7; and Point c, Clause 2, Article 17, of Decree No. 115/2024/ND-CP;

d/ The bid solicitor may not issue paper copies of the bidding dossier to investors. In case the bid solicitor issues the paper copies to investors, the paper copies have no legal validity for formulation and evaluation of bid dossiers.

dd/ When posting the notice of invitation to bid, the bid solicitor shall attach the decision approving the bidding dossier and the approved bidding dossier;

e/ In case the content of the bidding dossier posted on the System differs from the content of the approved bidding dossier, the approved bidding dossier shall be used for formulation and evaluation of bid dossiers.

3. Modification of bidding dossiers:

a/ In case of modifying the bidding dossier after it is issued, the bid solicitor shall post on the System the modification decision, attached with the modified contents and the modified bidding dossier.

b/ The decision on modification of the bidding dossier shall be posted for at least 15 days, for domestic bidding, or 25 days, for international bidding, before the bid closing date. In case of failure to meet this requirement, the bid solicitor shall extend the bid closing time accordingly.

4. Clarification of bidding dossiers:

a/ For project applying the domestic bidding method, investors shall submit a written request for clarification of the bidding dossier to the bid solicitor through the System at least 7 working days before the bid closing date;

b/ For projects applying the international bidding method, investors shall submit a written request for clarification of the bidding dossier to the bid solicitor at least 15 days before the bid closing date;

c/ The bid solicitor shall post the clarification content of the bidding dossier on the System at least 2 working days before the bid closing date;

d/ When necessary, the bid solicitor shall organize a pre-bidding conference to discuss the bidding dossier’s matters that remain unclear to investors. The contents of the discussion shall be recorded in a minutes of clarification of the bidding dossier by the bid solicitor and posted on the System at least 2 working days before the bid closing date;

dd/ The clarification contents of the bidding dossier must not contradict the content of the approved biding dossier posted on the System. In case the clarification of the bidding dossier results in the modification of the dossier, the modification must comply with Clause 3 of this Article.

5. Extension of the time limit for submission of bid dossiers:

a/ The bid solicitor shall post a notice on the extension of the time limit for submission of bid dossier, attached with the extension decision, on the System;

b/ The notice of extension must state the reason for extension and the new bid-closing time.

Article 13. Cancellation, extension and modification of posted information

The cancellation, extension and modification of the posted information must comply with the User Manual.

Article 14. Posting of investor selection results

1. For PPP projects, the bid solicitor shall post the investor selection results, attached with the approval decision, on the System within 10 days from the date of approval of the investor selection results.

2. For business investment projects, the bid solicitor shall post the investor selection results, attached with the approval decision, on the System within 5 working days from the date of approval of the investor selection results.

Article 15. Other information to be posted on the System and the process for posting information on the System

1. In addition to the information to be posted on the System under Articles 7 thru 14 of this Circular, other information shall be posted on the System, specifically as follows:

a/ The minutes of bid opening shall be posted within 24 hours from the bid opening time;

b/ The bid cancellation decision shall be posted within 5 working days from the date of its signing;

c/ The petition settlement document of the bid solicitor or competent person shall be posted within 5 working days from the date of issuance;

d/ The list of technically qualified investors shall be posted within 5 working days from the date of approval.

2. The process for posting the information specified in Articles 7 thru 14 and Clause 1 of this Article must comply with the User Manual.

Article 16. Responsibilities of parties when joining the System

1. Responsibilities of the agencies, organizations and units specified at Points a and d, Clause 4, Article 3 of this Circular:

a/ For PPP projects, to discharge the responsibilities prescribed in Article 94 of the PPP Law and Clause 1, Article 3 of Decree No. 243/2025/ND-CP;

b/ For business investment projects, to discharge the responsibilities prescribed in Article 77 and at Points a, b and e, Clause 2, Article 7 of the Bidding Law;

c/ To bear responsibility before law for the accuracy and truthfulness of the information registered and posted on the System when logging in the System with their participant accounts;

d/ To check and confirm the posting of their information on the System;

dd/ To monitor and update information posted on the System and feedback from the System;

e/ To manage, and bear responsibility for the use of, digital certificates on the System.

2. Responsibilities of the agencies, organizations and units specified at Point b, Clause 4, Article 3 of this Circular:

a/ To post information on notices of invitation to bid and investor selection results as prescribed at Point b, Clause 1, Article 9 of the PPP Law, for PPP projects;

b/ To discharge the responsibilities prescribed in Clause 2, Article 79 of the Bidding Law, for business investment projects;

c/ To bear responsibility for the consistency between documents posted on the System and approved documents;

d/ To monitor and update information posted on the System and feedback from the System;

dd/ To manage, and bear responsibility for the use of, digital certificates on the System.

3. Responsibilities of investors in the course of expressing interest and participating in bidding:

a/ To bear responsibility for the accuracy of attached files in the course of expressing interest and participating in bidding;

b/ To monitor and update the information on projects in which investors express interest or participate on the System. In case errors occur due to the failure to monitor or update information on the System, causing disadvantages for the investor in the course of expressing interest and participating in bidding, including information on modification of the dossier of invitation for expression of interest or bidding dossier; changes in the time for submission of the dossier of registration for project implementation or bid dossier; changes in the time for clarification of the dossier of invitation for expression of interest or bidding dossier and other contents, the investor shall be solely responsible for and bear such disadvantages;

c/ In case the legal representative of the investor authorizes the director of a branch, dependent cost-accounting subsidiary or factory, or the head of another dependent cost-accounting unit to perform tasks in the course of expressing interest or participating in bidding, such tasks shall be performed by using the System participant account of the investor but not that of the branch, subsidiary, factory or another dependent cost-accounting unit;

d/ To discharge other responsibilities, including making registration for participation in the System to ensure eligibility as prescribed at Point d, Clause 1, Article 5 of the Bidding Law; to discharge other responsibilities prescribed in Article 82 of the Bidding Law; to manage the System participant accounts and digital certificates registered on the System.

Chapter III

ORGANIZATION OF IMPLEMENTATION

Article 17. Transitional provisions

1. From the period from the effective dates of Decree No. 180/2025/ND-CP, Decree No. 225/2025/ND-CP, Decree No. 243/2025/ND-CP and Decree No. 257/2025/ND-CP to the date before the effective date of this Circular, for PPP projects or business investment projects for which  dossiers of invitation for expression of interest or bidding dossiers or dossiers of requirements have been issued under the PPP Law or the Bidding Law (as amended and supplemented by Law No. 57/2024/QH15 and Law No. 90/2025/QH15) and detailing decrees, the investor selection shall be carried out according to the issued dossiers of invitation for expression of interest, bidding dossiers or dossiers of requirements.

2. For PPP projects or business investment projects of which the dossier of invitation for expression of interest or bidding dossier or dossier of requirements has been approved but not yet issued by the effective date of this Circular, the party inviting expression of interest or bid solicitor shall review and update the dossier and report thereon to the person or agency competent to approve such modification under the PPP Law or the Bidding Law (as amended and supplemented by Law No. 57/2024/QH15 and Law No. 90/2025/QH15) and detailing decrees, and this Circular.

3. For PPP projects or business investment projects of which the dossier of invitation for expression of interest or bidding dossier or dossier of requirements has not yet been approved, the formulation of the dossier of invitation for expression of interest or bidding dossier or dossier of requirements must comply with the PPP Law or the Bidding Law (as amended and supplemented by Law No. 57/2024/QH15 and Law No. 90/2025/QH15) and detailing decrees, and this Circular.

Article 18. Effect

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

2. The Minister of Planning and Investment’s Circular No. 15/2024/TT-BKHDT of September 30, 2024, providing model bidding dossiers for selection of investors for PPP projects and business investment projects; and the provision and posting of information on investment in the form of public-private partnership and bidding for selecting investors on the Vietnam National Electronic Procurement System, ceases to be effective on the effective date of this Circular.

3. Pending the issuance of guidelines on the application of criteria for evaluating the effectiveness of investment in sectoral or local development and the methods for determining such criteria by line ministries, bidding dossiers shall be formulated based on the model dossiers provided in Appendices V, VI, VII and VIII to this Circular and in compliance with the bidding law and specialized laws, ensuring competitiveness, fairness, transparency, economic efficiency and accountability.

4. Ministries, ministerial-level agencies, government-attached agencies, People’s Committees at all levels, and related agencies and organizations shall report any problems arising in the course of implementation of this Circular to the Ministry of Finance for timely consideration and guidance.-

For the Minister of Finance
Deputy Minister
TRAN QUOC PHUONG

* All appendices to this Circular are not translated.