Regulations on transparency in merit and donated money do not hinder religious and belief activities

VCN - Ms Vu Thi Hai Yen, Deputy Director of the Department of Public Expenditure under the Ministry of Finance, said that Circular No. 04/2023/TT-BTC is an important legal document contributing to managing merit and donated money transparently without interfering with religious and belief activities.
State budget revenue in first month of 2023 sees low result State budget revenue in first month of 2023 sees low result
GDVC collects about VND25,000 billion in January GDVC collects about VND25,000 billion in January
Religious freedom in Vietnam requires objective insight and verified information Religious freedom in Vietnam requires objective insight and verified information
Ms Vu Thi Hai Yen, Deputy Director of the Department of Public Expenditure.
Ms Vu Thi Hai Yen, Deputy Director of the Department of Public Expenditure.

What does it mean to have a document to cover the management of merit and donated money for transparency in this field without hindering religious activities?

According to statistics from the Ministry of Culture, Sports and Tourism, the country now has nearly 9,000 festivals, including about 7,000 traditional folk festivals, 1,400 religious festivals, more than 400 revolutionary history festivals and nearly 30 imported abroad festivals.

In addition, Vietnam has over 10,000 provincial-level relics, nearly 4,000 national relics, 123 special national relics and over 40,000 relics listed according to the Law on Cultural Heritage provisions. However, there was no legal document on the management of revenue and expenditure for this field but the guiding documents for the implementation, so sanctions for handling violations were ineffective.

The reception, management and use of merit and donated money for relics and festival activities have been a problem, which has tended to be commercialized and abused for economic purposes; and raised disputes among units, especially national historical relics and special national relic sites, including religious institutions, affecting the good values of beliefs and religions.

The management of monuments and the organization of festivals in the new situation is governed by many different factors, including the market economy, which requires transparency in material rights and the elimination of the tendency to pursue personal and group interests.

People are interested in contributing to festival activities and protecting and promoting the value of relics. We are living in the age of a digital society, a digital economy; besides contributions in case, a bank transfer is more popular. This is people's behaviour and habit of merit and also does not hinder belief and religious activities. Therefore, we think it is necessary to issue this Circular to create a legal corridor to facilitate people and organizations to contribute to developing the country's culture and create trust and transparency in these activities.

Many said that the issuance of Circular No. 04/2023/TT-BTC of the Ministry of Finance is to manage merit and donated money of relic sites and organizations of festivals. What do you think about this opinion?

Circular No. 04/2023/TT-BTC dated January 19, 2023, on guidelines for the management, collection, and use of funding for the organization of festivals and religious donations or grants for relic sites and festivities, clearly shows the viewpoint of respecting and protecting everyone's right to freedom of belief and religion; ensures that all religions are equal under the law; respects and protects the cultural and moral values of beliefs and religions; protects relic sites and lawful properties of relic sites and organizations of festivals.

Second, the State does not manage money donated for monuments and festival activities for relic sites. The relic sites make their own decisions and are responsible for receiving, managing and using merit money for the protection and promotion of the value of relics and festival activities (including self-determination on spending contents and spending level of expenditure for festival activities, protection and promotion of relic values), following laws.

Thirdly, the receipts and expenditures of merit money, grants for monuments and festival activities are booked and managed safely, openly and transparently to create trust and promote efficiency and benefits to the public.

Articles 13 and 14 of the Circular stipulate that the religious donations or grants for relic sites are managed and operated under the public non-business units and the Management Boards of relic sites. In which the spending for activities of relic sites will be conducted by percentage (%) of the donations and grants. Why does this Circular not specify the specific spending rate for uniform implementation?

Relic sites include many different types and sizes, belonging to many owners or assigned to different management and use, are located in different regions with ethnic groups; and festivals are the same. Accordingly, the amount of donations and grants for each local relic site or festival is different. Therefore, this Circular only provides principles and specific spending rates to ensure feasibility and suitability with reality in the locality and each relic site.

Currently, some monuments are collecting entrance fees; it is suggested that it is necessary to use part of the collected amount to reinvest in activities to protect and promote the value of the monuments. What is your opinion on this matter?

According to the provisions of Article 58 of the Law on Cultural Heritage, financial sources to protect and promote the value of relics include: State budget; revenues from activities of using and promoting the value of monuments (collection of entrance fees); sponsorships and contributions from domestic and foreign organizations and individuals.

The management and use of revenues from activities of using and promoting the value of cultural heritage (collection of entrance fees) shall comply with the law on fees and charges. Competent authorities shall prescribe the rate of an entrance fee; a part of the revenue shall be remitted to the state budget, and the remaining amount shall be assigned to the fee collection unit to spend for operational costs of service provision.

The amount remitted to the State budget is used for spending tasks following the provisions of the State Budget Law, including spending on restoration and embellishment of relic sites through programs and projects such as: National target program for socio-economic development in ethnic minority and mountainous areas for the 2021-2025 period approved in Decision No. 1719/QD-TTg dated October 14, 2021 of the Prime Minister; The program to preserve and promote the sustainable value of Vietnam's cultural heritage in the 2021-2025 period, approved in the Prime Minister's Decision No. 1230/QD-TTg dated July 15, 2021.

Thank you ma'am!

By Thuy Linh/ Huyen Trang

Related News

State Treasury: Researching and piloting chain technology, AI into operation

State Treasury: Researching and piloting chain technology, AI into operation

VCN – To form a digital-based treasury by 2025, besides administrative reform and modernization of professional activities, the State Treasury continues to modernize information technology, forming the basic steps for digital transformation.
Enhance information collection to meet risk management requirements

Enhance information collection to meet risk management requirements

VCN - For enterprises that do not cooperate in providing information, give up their business address, dissolve, register for bankruptcy, suspend operations, etc, the Customs authority will continue to coordinate with the Tax authority to conduct verification to ensure the appropriate compliance assessment and risk classification.
Improving efficiency of cargo screening and risk management

Improving efficiency of cargo screening and risk management

VCN – The implementation of risk management measures on three routes of sea, land and air in modern customs control has contributed to improving the efficiency of risk assessment and screening selection and customs risk management.
Applying advanced technology in risk management

Applying advanced technology in risk management

VCN - Risk management measures and techniques are increasingly focused and gradually developed in-depth is a premise for the Customs sector to continue to apply advanced technology in risk management strongly.

Latest News

Corporate bonds worth 1.1 billion USD issued in March

Corporate bonds worth 1.1 billion USD issued in March

The corporate bond market is showing signs of recovery with a notable increase in both the number of issuers and the value of issued bonds in March.
Tax revenue is estimated at VND 426,922 billion in the first quarter

Tax revenue is estimated at VND 426,922 billion in the first quarter

VCN - In the first three months of the year, state budget revenue managed by the tax agency was estimated at VND426,922 billion, equaling 31.1% of the ordinance estimate and 104.6% over the same period. Domestic revenue is estimated at VND411,418 billion, equaling 30.9% of the estimate, up 5.3% over the same period in 2022.
Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline

Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline

VCN - A representative of the Ministry of Finance said that the Ministry had organized a specialized inspection team on insurance distribution through banks for four insurance companies. The team is finalizing inspection conclusions.
Central bank starts huge credit package for social housing projects

Central bank starts huge credit package for social housing projects

Developers of social housing projects buyers of this kind of houses are entitled to benefit from a credit package worth 120 trillion VND (5.1 billion USD) which was started by the State Bank of Vietnam (SBV) earlier this month.

More News

In Q1, State revenue estimated to rise by 1.3%

In Q1, State revenue estimated to rise by 1.3%

VCN - Total state budget expenditure in the first quarter of 2023 is estimated at VND363.4 trillion, equaling 17.5% of the yearly estimate and rising by 7.2% year-on-year.
Consider raising the level of penalties to ensure fairness and transparency in the stock market

Consider raising the level of penalties to ensure fairness and transparency in the stock market

VCN - Mr Pham Hong Son, Vice Chairman of the State Securities Commission, discussed solutions to improve the capacity, improve fairness and transparency of the stock market.
Central bank cuts policy interest rates to spur growth

Central bank cuts policy interest rates to spur growth

The State Bank of Vietnam (SBV) announced it would reduce several policy interest rates from April 3, the second cut within one month, the regulator announced on its website March 31 night.
Ensure policies to attract investment when implementing global minimum tax

Ensure policies to attract investment when implementing global minimum tax

VCN - On the afternoon of March 30, in Hanoi, the Ministry of Finance held a regular press conference in the first quarter of 2023, chaired by Deputy Minister of Finance Nguyen Duc Chi. Many issues related to the tax field were discussed and answered at the conference.
SBV asks to issue revised decree on foreign ownership cap at Vietnamese banks

SBV asks to issue revised decree on foreign ownership cap at Vietnamese banks

The State Bank of Vietnam (SBV) has suggested the Government to issue a revised decree on foreign investors buying shares from Vietnamese credit institutions.
Solutions to attract FDI when implementing the global minimum CIT

Solutions to attract FDI when implementing the global minimum CIT

VCN - On March 29, the Vietnam International Arbitration Center (VIAC) and the Center for International Integration, the Ho Chi Minh City Institute for Development Studies, jointly held a seminar on Global Minimum Corporate Tax – outlook and challenges in attracting foreign investment (FDI) in Ho Chi Minh City.
Effective implementation of tax incentives as driving force for growth in trade turnover between Vietnam and Cuba

Effective implementation of tax incentives as driving force for growth in trade turnover between Vietnam and Cuba

VCN – The promulgation of Vietnam's Decree on Vietnam's special preferential import tariff to implement the Vietnam-Cuba Trade Agreement for 2022-2027 creates a stable and open legal framework, facilitates import and export activities, brings expected great benefits to the business community of the two sides, promote two-way trade turnover and develop Vietnam-Cuba trade relations.
Being many "hot" issues at the general meeting of shareholders of banks

Being many "hot" issues at the general meeting of shareholders of banks

VCN - International Commercial Joint Stock Bank (VIB) will be the first bank to hold a general meeting of shareholders this week, and then April will be the "peak" for banks to deploy.
Bringing the policies on reducing land rent and water surface rent into life

Bringing the policies on reducing land rent and water surface rent into life

VCN - The tax sector is drastically implementing dissemination and support to make the policy of reducing land rent and water surface rent in 2022 fully effective.
Read More

Your care

The system has not recorded your reading habits.

Please Login/Register so that the system can provide articles according to your reading needs.

Latest Most read
Corporate bonds worth 1.1 billion USD issued in March

Corporate bonds worth 1.1 billion USD issued in March

The corporate bond market is showing signs of recovery with a notable increase in both the number of issuers and the value of issued bonds in March.
Tax revenue is estimated at VND 426,922 billion in the first quarter

Tax revenue is estimated at VND 426,922 billion in the first quarter

VCN - In the first three months of the year, state budget revenue managed by the tax agency was estimated at VND426,922 billion, equaling 31.1% of the ordinance estimate and 104.6% over the same period. Domestic revenue is estimated at VND411,418 billion,
Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline

Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline

VCN - A representative of the Ministry of Finance said that the Ministry had organized a specialized inspection team on insurance distribution through banks for four insurance companies. The team is finalizing inspection conclusions.
Central bank starts huge credit package for social housing projects

Central bank starts huge credit package for social housing projects

Developers of social housing projects buyers of this kind of houses are entitled to benefit from a credit package worth 120 trillion VND (5.1 billion USD) which was started by the State Bank of Vietnam (SBV) earlier this month.
In Q1, State revenue estimated to rise by 1.3%

In Q1, State revenue estimated to rise by 1.3%

VCN - Total state budget expenditure in the first quarter of 2023 is estimated at VND363.4 trillion, equaling 17.5% of the yearly estimate and rising by 7.2% year-on-year.
Mobile Version