70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Trade - Service
Vietnam's e-government procurement system set to launch in August
Hai Yen 16:30, 2022/06/28
The e-GP would allow effective and transparent management of the public procurement process.

Vietnam’s e-government procurement (e-GP) system is set to start operations on August 1, 2022.

 The new procurement system is set to operate on August 1. File photo

The new procurement system, updated with new changes and designed to operate on multiple browsers, would help serve as a hub of information related to procurement, as well as a platform for the online bidding based on safety, competitiveness, fairness, and cost-efficiency.

To ensure the smooth operation of the e-GP, participants in the bidding are requested to switch to the new system from the old one.

The e-GP is developed under a project of applying e-commerce in public procurement under the public-private partnership (PPP).

The Ministry of Planning and Investment (MPI), IT company FPT, and the Investment and Development of National e-Procurement System Company are responsible for running the new system.

The e-GP would allow effective and transparent management of the public procurement process, from announcing procurement plans, posting invitations for bids and contract award notices, issuing bidding documents to receipt of bids, and bid opening.

New updates in the new system would include a ranking of contractors, along with the disclosure of information from every bidding process.

Data from the e-GP would be integrated with that of the Vietnam State Treasury for information and cooperation in the disbursement process afterward.

Since July 1, the MPI has issued notice to bidders, contractors, and agencies asking them to switch to the new procurement system and the process is expected to be completed within one month.

Interested parties are advised to seek detailed information at the website address https://muasamcong.gov.vn for further instruction, or hotline number 19006126.

TAG: e-GP vietnam public procurement vietnam e-commerce vietnam
Other news
16:27, 2024/04/19
Vietnam among Asia-Pacific's fastest growing economies: FedEx
The Southeast Asian market is growing faster than many other regions worldwide.
15:49, 2024/04/17
Vietnam’s stock market remains attractive investment channel: Expert
Given favorable macroeconomic conditions, combined with the expected rate cut by the Federal Reserve (Fed), the stock market is believed to experience strong growth.
15:19, 2024/04/16
Cuba appreciates Vietnam’s support in food and fisheries production
Both sides aim to further promote trade, investment relations, and cooperation in areas of mutual interest, such as agriculture, construction, education, pharmaceuticals, science and technology, among others.
12:38, 2024/04/13
Vietnam, China to step up cooperation strategy for mutual development
Both sides are expected to build a bridge over the Red River in the border area of Bat Xat, Lao Cai (Vietnam), and Ba Sai, Yunnan (China), among other initiatives.
17:04, 2024/04/12
PM orders urgent measures to address volatile gold prices
The measures are aimed at ensuring a stable and efficient gold market.
17:58, 2024/04/10
Vietnam earns US$1.4 billion from rice exports in Q1
Vietnam is targeting $5 billion in rice exports this year. The country currently ranks third in the world in terms of rice exports.