New Decree on natural disaster preventation and control funds


The Ministry of Agriculture and Rural Development (MARD) will manage the Vietnam Natural Disaster Management Fund (VNDMF), which is established and regulated under the newly issued Decree No. 78/2021/NĐ-CP on 1st August 2021.

The fund is a single-member limited liability company, where the State holds 100% of charter capital.

At the provincial level, the fund will be established by the chairman (chairwoman) of the People´s Committee and managed by the provincial People´s Committee.

This new Decree will replace the Decree 94/2014/NĐ-CP and be valid on 15th September 2021.

Sources & further information: “Gov’t establishes National Disaster Management Fund” at and “Nghị định78/2021/NĐ-CP thành lập, quản lý Quỹ phòng, chống thiên tai” at, accessed on 2 August 2021.