THE MINISTRY OF FINANCE
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No: 31/2003/TT-BTC
Hanoi, April 16, 2003
 CIRCULAR
GUIDING THE FINANCIAL MECHANISM FOR IMPLEMENTATION OF THE NATIONAL ACTION PROGRAM ON TOURISM IN THE 2002-2005 PERIOD
Pursuant to the Government's Decree No. 86/2002/ND-CP of November 5, 2002 on the tasks, powers and management responsibilities of the ministries and ministerial-level agencies;
Pursuant to the Prime Minister's Decision No. 93/QD-TTg of January 20, 2003 approving fundings for the national action program on tourism in the 2002-2005 period; and the Government's Official Dispatch No. 289/CP-KTTH of March 21, 2002 on the national action program on tourism in the 2002-2005 period;
The Ministry of Finance hereby guides the financial mechanism for implementation of the national action program on tourism in the 2002-2005 period as follows:
Part I
GENERAL PROVISIONS
- Funding sources for implementation of the national action program on tourism in the 2002-2005 period include: capital construction investment capital and non-business funding source apportioned from the State budget (the central budget and local budgets); contributions of the tourist service-providing enterprises; aid sources rendered by domestic and foreign tourist organizations; and other lawful revenue sources (if any) as prescribed by law.
- Vietnam National Administration of Tourism shall assume the prime responsibility for and coordinate the program implementation, have the responsibility to synthesize, report on, and evaluate the situation and efficiency of the use of the whole program's fundings.
Part II
SPECIFIC PROVISIONS
I. FUNDING ESTIMATION, DISTRIBUTION AND ALLOCATION
1. Funding estimation:
- Annually, basing itself on the program's contents and objectives approved by the Prime Minister, the General Department of Customs shall have to evaluate the situation of program implementation in the reporting year, propose resource demands for the plan year of the program, including the State budget capital (domestic capital, loan capital and foreign aid, which are, at the same time, classified by investment capital and non-business capital sources); capital mobilized from the tourist service-providing enterprises; and other capitals (if any), and send them to the Ministry of Finance and the Ministry of Planning and Investment.