Chương X Nghị định 29/2021/NĐ-CP: Tổ chức thực hiện giám sát, đánh giá đầu tư

Chapter X

ORGANIZATION OF INVESTMENT SUPERVISION AND ASSESSMENT

Article 91. Responsibilities of the Ministry of Planning and Investment for supervision and assessment of investment

The Ministry of Planning and Investment, which is in charge of assisting the Prime Minister in organizing supervision and assessment of investment, shall:

1. Provide guidance, monitor and submit consolidated reports on nationwide investment supervision and assessment to the Prime Minister.

2. Organize overall investment supervision and assessment nationwide.

3. Organize and review supervision and assessment of programs and projects of which investment guidelines are decided or approved by the Prime Minister, the Government or the National Assembly.

4. Carry out supervision and assessment of projects under their management (including those assigned to inferior agencies).

5. Propose solutions for overcoming difficulties in investment of departments and local authorities or particular projects to the Prime Minister, relevant ministries and local authorities in order to ensure investment progress and efficiency.

6. Consider and offer opinions or resolve issues within its jurisdiction at the request of other ministries, local authorities and project owners.

7. Provide guidelines for investment supervision and assessment of foreign investment activities in Vietnam.

8. Perform other duties related to supervision and assessment of investment at the request of the Government or the Prime Minister.

Article 60. Responsibilities of other Ministries, ministerial agencies and Governmental agencies for supervision and assessment of investment

1. Organize overall investment supervision and assessment in the fields and sectors under their management.

2. Carry out supervision and assessment of projects within their competence to make decisions (including those assigned to inferior agencies).

3. Carry out supervision and assessment of investment projects of state-owned enterprises under their management.

4. Organize supervision and assessment of PPP projects under their management.

5. Carry out specialized supervision and assessment of fulfillment of investment conditions by the investment projects under their management.

6. Organize and review supervision and assessment of programs and projects of which investment guidelines are decided or approved by the Prime Minister, the Government or the National Assembly in the fields under their management.

7. Resolve the issues reported by other ministries and local authorities if they are within their jurisdiction.

8. Offer opinions or resolve issues within the jurisdiction of ministries and departments at the request of other ministries, local authorities, investors and project owners.

9. Submit reports on overall supervision and assessment of investment in the fields and sectors under their management and reports on supervision and assessment of investment projects subject to their decision in accordance with regulations.

10. Sufficiently, promptly and accurately update information on the investment supervision and assessment information system as prescribed in Article 101 of this Decree.

Article 93. Responsibilities of People’s Committees of provinces and central-affiliated cities for supervision and assessment of investment

1. Organize overall investment supervision and assessment within their provinces.

2. Carry out supervision and assessment of projects within their competence to make decisions (including those assigned to inferior agencies).

3. Carry out supervision and assessment of investment projects of state-owned enterprises under their management.

4. Carry out supervision and assessment of projects of which investment registration certificates are issued by them.

5. Organize supervision and assessment of PPP projects within their provinces.

6. Supervise the implementation of planning and plans for land use plan and environmental of projects in their provinces; offer opinions or promptly resolve issues related to land clearance and land use within their jurisdiction at the request of ministries and project owners.

7. Propose investment issues in their provinces related to the projects under their management to the Prime Minister, ministries and departments in order to promptly resolve difficulties and ensure investment progress and efficiency.

8. Submit reports on overall supervision and assessment of investment within their provinces and reports on supervision and assessment of investment projects subject to their decision in accordance with regulations.

9. Sufficiently, promptly and accurately update information on the investment supervision and assessment information system as prescribed in Article 101 of this Decree.

Article 94. Responsibilities of investment registration authorities for supervision and assessment of investment

1. Organize overall investment supervision and assessment and supervision and assessment of investment projects within their management.

2. Submit reports on overall supervision and assessment of investment and reports on supervision and assessment of investment projects under their management.

3. Sufficiently, promptly and accurately update information on the investment supervision and assessment information system as prescribed in Article 101 of this Decree.

Article 95. Responsibilities of state-owned enterprises for supervision and assessment of investment

1. Organize overall investment supervision and assessment within the enterprises.

2. Organize supervision and assessment of PPP projects they decide or under their management.

3. Submit reports on overall supervision and assessment of investment and reports on supervision and assessment of investment projects under their management in accordance with regulations.

4. Promptly and accurately update information on the investment supervision and assessment information system as prescribed in Article 101 of this Decree.

Article 64. Responsibilities of program owners, project owners, operators and investors for supervision and assessment of investment programs and projects

1. Owners of public investment programs, owners and operators of public investment projects, investors in and owners of investment projects funded by non-public investment state capital and investors in PPP projects have the responsibility to:

a) Carry out supervision and assessment of programs and projects in accordance with this Decree;

b) Formulate a framework for project supervision and assessment before commencement of the project;

c) Establish an internal communication system; collect and store sufficient information, data, documents of the project; reports of contractors, changes to state policies and laws, regulations of sponsors related to management of execution of projects (if funded by ODA);

d) Promptly report difficulties beyond their competence to superior authorities;

dd) Make reports on supervision and assessment of projects as prescribed;

e) Sufficiently, promptly and accurately update information on the investment supervision and assessment information system as prescribed in Article 101 of this Decree.

g) Take responsibility for contents reported and take legal responsibility for failure to report or provide accurate information about investment under their management.

2. Investors in projects funded by other sources of capital have the responsibility to:

a) Carry out supervision and assessment of projects in accordance with this Decree;

b) Establish an internal communication system; collect and store sufficient information, data and documents of the project; reports of contractors related to management of project execution;

c) Promptly report difficulties beyond their competence to the authorities;

d) Make reports on supervision and assessment of projects as prescribed;

dd) Sufficiently, promptly and accurately update the reports on the investment supervision and assessment information system as prescribed in Article 101 of this Decree;

e) Take responsibility for contents reported and take legal responsibility for failure to report or provide accurate information about investment under their management.

Article 97. Organization of investment supervision and assessment

1. Each ministry shall appoint an affiliated unit (Department level) to take charge of its investment supervision and assessment tasks; provide guidance on supervision and assessment of investment for other affiliated units and projects assigned to inferior agencies.

2. The Department of Planning and Investment of each province or central-affiliated city shall take charge of investment supervision and assessment tasks within the province or city, provide guidance on supervision and assessment of investment for affiliated units and projects assigned by the People’s Committee of the province or city to inferior agencies.

3. Each state-owned enterprise shall appoint a department to take charge of investment supervision and assessment tasks of the enterprise, provide guidance on supervision and assessment of investment for affiliated units.

4. Each program owner, project owner and operator shall assign the project management board or a department to take charge of investment supervision and assessment tasks of the projects under their management.

5. Each investor shall appoint the project management company or a department to take charge of investment supervision and assessment tasks of the projects under their management.

6. Supervision and assessment of investment in case an agency takes the roles of two or more of the following entities: public investment authority, investment authority, specialized regulatory authority, supervisory authority, state ownership representative agency, investment registration authority, investment decider, authority signing PPP contracts, program owner, project owner and operator:

a) The unit in charge shall perform all investment supervision and assessment tasks of the agency. Supervision and assessment tasks of the program owner, project owner or operator shall be performed by the representative unit of the program owner, project owner or operator;

b) Contents of supervision and assessment of investment shall integrate the supervision and assessment contents of assigned entities.

7. The units mentioned in Clause 1 through 6 of this Article shall carry out supervision and assessment of investment in the following manner:

a) Internal supervision and assessment of the investment program/project and overall investment supervision and assessment;

b) Hiring experts or a consultancy to carry out assessment of the program/project and overall investment assessment.

8. The hiring of experts or a consultancy to carry out assessment of the program/project and overall investment assessment shall comply with regulations of law on bidding.

Article 98. Duties and entitlements of agencies and units in charge of supervision and assessment of investment

1. The agencies and units assigned to carry out supervision and assessment of investment shall assist ministries, People’s Committees at all levels, enterprises, and investors in investment supervision and assessment as follows:

a) Make plans for monitoring, inspecting and assessing investment and organize investment monitoring, inspection and assessment within the assigned duties;

b) Assign departments and officials responsible for monitoring, inspecting and assessing investment and overall monitoring, inspection and assessment of investment;

c) Organize a system for provision and storage of information about investment within the ministry, local authority, enterprise or projects (for project owners) under their management;

d) Collect reports and relevant information to serve the investment monitoring, inspection and assessment;

dd) Consider, analyze information and reports; make and submit reports on supervision and assessment of investment in accordance with regulations to competent authorities.

2. Agencies and units in charge of supervision and assessment of investment are entitled to:

a) Request other agencies and units in charge of supervision and assessment of investment to report in accordance with regulations, provide information and documents about the contents of supervision and assessment of investment where necessary;

b) Discuss via telephone or on the site with other agencies and units in charge of supervision and assessment, investors and project owners to clarify the issues related to the monitoring, supervision and assessment.  When working on the site, it is required to have a specific working plan and relevant agencies and units must be informed in advance;

c) Request competent authorities to adjust the project if necessary, cancel the investment decision, suspend or terminate the execution of the project if serious violations are found during the process of supervision and assessment of investment. Report violations against regulations on supervision and assessment of investment committed by investors, project owners, relevant agencies and units to competent authorities and propose appropriate punitive measures.

3. Agencies and units in charge of investment supervision and assessment shall provide training to ensure the capacity for performing tasks and exercise entitlements at the agencies and units.

Article 99. Method and procedures for supervision and assessment of investment

1. The monitoring of investment programs and projects and overall investment monitoring shall be carried out in the following manners:

a) Regular monitoring on the site;

b) Monitoring via periodic and ad hoc reports;

c) Monitoring via both reports and on-site monitoring.

2. The program owner, project owner and investor shall regularly monitor the progress of the program/project and is responsible for the promptness and accuracy of the reports.

3. The investment decider and competent authorities shall monitor the programs and projects and carry out overall investment monitoring by consolidating, analyzing and assessing reports made by the program owner, project owner, investor, relevant agencies and units.

A monitoring team responsible for working on the site may be established to clarify relevant information where necessary.

4. Inspection, assessment of investment programs and projects and overall investment inspection and assessment shall be carried out in the following manners:

a) Via reports;

b) Via inspectorates and assessing delegations.

5. Procedures for monitoring an investment program/project:

a) Formulate and adjust the framework for supervision and assessment of the program/project;

b) Determine demand for information and indicators to be monitored;

c) Make a monitoring plan;

d) Establish a mechanism for assisting the monitoring tasks;

dd) Prepare the tools and IT system to assist the monitoring of the program/project;

e) Collect and analyze data;

g) Report monitoring results according to regulations.

6. Procedures for inspecting an investment program/project:

a) Make and submit the inspection plan;

b) Establish an inspectorate (if any);

c) Notify the inspection plan and request preparation of documents serving the inspection. The minimum time limit for document preparation is 20 days from the day on which the request is received;

d) Carry out the inspection. The maximum duration of an on-site inspection by an inspectorate is 20 days;

dd) Report the inspection result. The inspection result shall be reported within 20 days;

e) Notify the inspection result and conclude the inspection. The maximum duration is 10 days from the day on which the inspectorate’s report is received.

7. Procedures for assessing an investment program/project:

a) Make and submit the assessment plan;

b) Establish an assessing delegation (if any);

c) Notify the assessment plan and request preparation of documents serving the assessment;

d) Briefly describe the nature of the assessed program/project (make and adjust the assessment framework);

dd) Prepare a detailed assessment plan;

e) Collect and analyze data;

g) Report the assessment result;

h) Notify the assessment result.

8. Procedures for overall investment monitoring:

a) Determine demand for information and indicators to be monitored;

b) Make a monitoring plan;

c) Establish a mechanism for assisting the monitoring tasks;

d) Prepare the tools and IT system to assist the overall investment monitoring;

dd) Collect and analyze data;

e) Report the monitoring result according to regulations.

9. Procedures for overall investment inspection:

a) Make and submit the inspection plan;

b) Establish an inspectorate (if any);

c) Notify the inspection plan and request preparation of documents serving the inspection. The minimum time limit for document preparation is 30 days from the day on which the request is received;

d) Carry out the inspection. The maximum duration of an on-site inspection by an inspectorate is 30 days;

dd) Report the inspection result. The inspection result shall be reported within 30 days;

e) Notify the inspection result and conclude the inspection. The maximum duration is 10 days from the day on which the inspectorate’s report is received.

10. Procedures for overall investment assessment:

a) Determine the objectives, scope and content of assessment;

b) Make and submit the assessment plan;

c) Establish an assessing delegation (if any);

d) Notify the assessment plan and request preparation of documents serving the assessment;

dd) Collect and analyze data;

e) Report the assessment result;

g) Notify the assessment result.

Article 100. Reporting of investment supervision and assessment

1. The Ministry of Planning and Investment shall submit annual reports on overall investment supervision and assessment to the Prime Minister, including overall supervision and assessment reports, assessment of PNS and class A projects nationwide.

2. Ministries, local authorities and state-owned corporations shall make and submit the following reports to the Ministry of Planning and Investment:

b) Annual reports on overall supervision and assessment;

b) Annual reports on overall supervision and assessment of outward investment.

3. Investment registration authorities shall make and send annual reports on investment supervision and assessment to provincial People’s Committees.

4. Program owners, and owners of public investment programs and projects shall make and send the following reports to the investment deciders, supervisory authorities, and units in charge of supervision and assessment of investment:

a) Periodic supervision and assessment reports: 6-month report and annual report;

b) Supervision and assessment reports prior to adjustment of the program/project;

c) Supervision and assessment reports prior to completion of the program/project;

dd) Report on assessment of the program/project they execute;

d) Consolidated annual reports on supervision and assessment of the program/project they execute.

5. Operators of public investment projects shall make and submit the following reports to the investment deciders and agencies in charge of supervision and assessment of investment:

a) Annual reports on supervision and assessment of the project’s operation from the time the project is put into operation to the availability of the report on assessment of the project’s impact;

b) Report on assessment of the project’s impact.

6. Investors of projects funded by non-public investment state capital shall make and send the following reports to supervisory authorities, investment deciders, and agencies in charge of supervision and assessment of investment:

a) Periodic supervision and assessment reports: 6-month report and annual report;

b) Supervision and assessment reports prior to adjustment of the project;

c) Report on assessment of the project they execute;

d) Consolidated annual reports on supervision and assessment of the program/project they execute.

7. Investors executing PPP projects shall make and send the following reports to authorities signing project contracts and PPP investment authorities:

a) Periodic supervision and assessment reports: 6-month report and annual report;

b) Supervision and assessment reports prior to adjustment of the project;

c) Report on assessment of the project they execute;

8. Investors of projects funded by other sources of capital shall make and send the following reports to investment registration authorities and agencies in charge of investment supervision and assessment of the localities where such projects are executed:

a) Periodic supervision and assessment reports: 6-month report and annual report;

b) Supervision and assessment reports prior to adjustment of the project;

c) Terminal report (if any);

9. Investors of outward investment projects shall make and send the following reports to the Ministry of Planning and Investment, the State Bank of Vietnam, the Ministry of Finance, state ownership representative agencies, People’s Committees of provinces and Departments of Planning and Investment of provinces where their head offices are located and Vietnam’s representative agencies in the countries that receive investment:

a) Periodic supervision and assessment reports: 6-month report and annual report;

b) Supervision and assessment reports prior to adjustment of the project (if the adjustment of the project results in adjustment of the investment registration certificate);

c) Terminal report.

10. Reports on public supervision of investment:

a) Public Investment Supervision Boards shall submit quarterly reports on public supervision of investment in local programs and projects to Vietnamese Fatherland Front Committees of communes. Public Investment Supervision Boards shall report the violations or submit other proposals to Vietnamese Fatherland Front Committees of communes during the process of supervision;

b) Vietnamese Fatherland Front Committees of communes shall submit annual reports on result of public supervision of investment to People’s Councils and People’s Committees of communes, and Vietnamese Fatherland Front Committees of districts and provinces;

c) Vietnamese Fatherland Front Committee of each province shall make and send annual reports on result of public supervision of investment in the province to the Department of Planning and Investment, the People’s Council and the People’s Committee of the same province.

11. Deadline for reporting supervision and assessment of investment:

a) Every program owner, project owner and investor shall submit:

- a 6-month report before July 10 of the reporting year;

- an annual report before February 10 of the succeeding year;

- a report before adjusting the program/project.

b) Every investment registration authority shall submit an annual report before February 20 of the succeeding year.

c) Every ministry, local authority and state-owned enterprise shall submit an annual report on overall supervision and assessment before March 01 of the succeeding year.

d) Deadlines for submitting reports on public supervision of investment:

- Public Investment Supervision Boards shall submit reports before the 10th of the first month of the next quarter;

- Vietnamese Fatherland Front Committees of communes shall submit annual reports before February 10 of the succeeding year;

- Vietnamese Fatherland Front Committees of provinces shall submit annual reports before February 20 of the succeeding year.

dd) The Ministry of Planning and Investment shall submit consolidated reports on investment supervision and assessment to the Prime Minister before March 31 of the succeeding year.

12. Report contents shall comply with regulations in Chapters VI, VII and VIII of this Decree.

13. The Ministry of Planning and Investment shall provide templates of reports on supervision and assessment of investment.

Article 101. Investment supervision and assessment information system

1. “Investment supervision and assessment information system” (hereinafter referred to as “the System”) means a system implemented nationwide and managed by the Ministry of Planning and Investment in order to update and store information, supervise, assess, analyze and publicize information in accordance with regulations on investment programs and projects nationwide.

2. General use regulations:

a) The monitoring, supervision and assessment of investment projects shall be carried out on the System; reports on the System will replace physical reports;

b) Regarding annual reports on overall nationwide investment supervision and assessment, the Ministry of Planning and Investment shall only aggregate data reported by agencies on the System;

c) The report data shall be updated in a sufficient, accurate and timely manner. Organizations and individuals shall take responsibility for the accuracy of data reported and updated by them on the System.

d) Organizations and individuals using the System shall use the Government’s specialized digital signatures for signature and submission of reports on the System;

dd) Forms serving the reporting of investment supervision and assessment shall be digitalized on the System and such forms shall be published on the national investment supervision and assessment information portal;

e) Regulations laid down in this Article shall not apply to projects subject to the state secret requirement.

3. Regulations on accounts used for logging in the System:

a) Log-in accounts must be managed in a concentrated manner on the System developed by the Ministry of Planning and Investment.

b) Organizations and individuals participating in or involved in public investment, management and use of public investment capital shall be eligible for signing up for access to the system. The Ministry of Planning and Investment shall grant accounts based on registration information, and functions or duties of organizations and individuals joining the System.

c) Application for registration for use of accounts to have access to the System shall be submitted online on the system at the website address https://taikhoan.mpi.gov.vn. Information must be updated to grant permission for registration of use of accounts shall include:

- Information of the authorized individual account user: full name, ID Card/Citizen ID Card number; mobile number; email;

- Information about the institutional account user: Name of the institution; information about the institution’s head: full name, ID Card/Citizen ID Card number, mobile number, email; photocopy of the decision on establishment of the institution.

d) Main accounts of Ministries, central and local government authorities shall be used for verifying account sign-up information of project regulatory authorities, owners and management boards under their control.

dd) Users must change their first passwords within 01 day of successful registration of their accounts. They shall be prohibited from disclosing their passwords to any person unauthorized for access to or input of updated information on the System. In case of changing the account user, the account recipient must change their password and information about the person authorized to manage and use the account on the System.

4. Regulations on information updating and reporting by investors, owners and owners of component projects:

a) When a program or a project is approved for investment: update information about the program and project in accordance with the decision on investment guidelines and decision on investment on the System within 07 working days from the date of approval of such decision.

b) During project execution:

The following information shall need to be updated at least 07 working days after any adjustment:

- Approval of project adjustment;

- Approval and adjustment of the technical design or shop drawing design and cost estimate;

- Approval and adjustment of the contractor selection plan and result;

- Contract, adjustments to the contract;

- Appropriated capital plan;

- Acceptance value, disbursement value;

- Information about assessment and inspection;

- Reports on project supervision and assessment.

Information shall be updated monthly (as the case may be):

- Images or videos about current construction on the site for projects with a construction constituent.

Documents shall be enclosed with scanned copies or electronic documents bearing specialized digital signature on the System, including:

- Decision on/Approval for investment guidelines, Decision on adjustment of investment guidelines (if any);

- Decision on investment/Adjusted decision on investment (if any);

- Decision on approval for technical designs or shop drawing designs, cost estimate; Decision on adjustment of technical designs or shop drawing designs, cost estimate (if any);

- Decision on approval for contractor selection plan, Decision on approval for adjustment of contractor selection plan (if any);

- Report on assessment result;

- Report on inspection result.

c) Information shall be updated monthly:

- Current execution and disbursement of investment capital;

- Images or videos about current construction on the site for projects with a construction constituent.

d) On a quarterly basis, consolidate information on the System and make reports on investment supervision and assessment by project owners and owners of component projects and submit them to competent authorities via the System.

dd) Submit annual consolidated annual reports on supervision and assessment of investment programs and projects under their management via the System.

e) When a program or a project is ended: update information about the cost statement in accordance with the decision on approval for the statement within 07 working days from the date of approval.

5. Regulations on reporting by regulatory authorities:

a) Implement, urge and instruct project owners and owners of component projects under their management to update information on the System as prescribed in Clause 4 of this Article,

b) Submit annual reports on overall supervision and assessment on the System.

6. Costs of making and updating reports and operating the System:

a)The costs of making and updating reports and operating the System shall be included in the total investment of a project and in the costs of investment supervision and assessment of the project, and vary according to established norms.

b) The Ministry of Finance shall provide guidance on making estimates and managing funding for making and updating reports and operating the System.

7. Regulations on building and implementation of the System:

a) The Ministry of Planning and Investment shall build and manage operation of the System nationwide in terms of investment supervision and assessment;

b) Ministries, local authorities and state-owned enterprises shall implement the System at the ministries, local authorities and state-owned enterprises.

8. Regulation on integration and sharing of data:

a) The State Treasury has the following responsibility:

- Share and integrate report data and report the disbursement by each investment project to form a basis for reporting the implementation of the public investment plan by authorities on the System;

- The sharing, integration and reporting on the System will replace physical documents.

b) The Ministry of Planning and Investment shall integrate and share data between systems to ensure the consistency of information and data between the investment supervision and assessment information system and the systems: public investment information system, investment information system and national bidding network system.

Article 102. Processing results of supervision and assessment of investment

1. Ministries and local authorities must examine and resolve issues and complaints of investment supervision and assessment agencies, program owners, project owners, operators and investors within 15 days from the day on which the request is received if such issues are within their competence, and report the issues that beyond their competence.

2. When adjusting a program/project, the competent authority must consider the result of inspection and assessment of the program/project as prescribed in this Decree. If the project is subject to inspection and assessment before the adjustment, the competent authority is only allowed to adjust the investment guidelines, investment program/project or investment registration certificate after inspecting and assessing the program/project as prescribed in this Decree.

3. Results of supervision and assessment of investment are the basis for competent authorities to select investors in the next years.

4. Results of terminal assessment of a project are the basis for competent authorities to approve cost statement.

5. Results of assessment of impacts of programs and projects are the basis for competent authorities to consider deciding investment in similar programs and projects.

Article 103. Actions against violations pertaining to supervision and assessment of investment

1. Any entity that attempts to conceal violations or commits other violations shall, on a case by case basis, incur disciplinary or administrative penalties or criminal prosecution, and pay compensation for any damage caused.

2. Penalties for administrative violations pertaining to supervision and assessment of investment shall comply with regulations of law on penalties for administrative violations against regulations on planning and investment.

3. If investors of public investment programs and projects and projects funded by non-public investment state capital fail to comply with regulations on reporting, the head of the agency/unit in charge of the program/project, head of the project management board, and officials assigned to carry out supervision and assessment of investment must take the following punitive actions:

a) Reprimand if reports are not submitted for 2 consecutive periods or for 3 intermittent periods;

b) Warning if reports are not submitted for 3 consecutive periods or for 4 intermittent periods.

4. In case of violations against regulations on reporting, capital shall only be disbursed after penalties are imposed as prescribed in Clause 2 and Clause 3 of this Article and reports shall be submitted completely.

5. Actions against violations against regulations on investment management during the process of supervision and assessment of investment:

a) The agencies carrying out supervision and assessment of investment shall promptly reports violations committed by entities under their management to competent authorities;

b) Any agency that attempts to conceal the violations shall be jointly responsible for the violations and consequences.

6. Every year, according to summary reports and proposals of investment supervision and assessment agencies, ministries and local authorities shall consider imposing the following penalties upon program owners, project owners and investors that commit violations against regulations on supervision and assessment of investment:

a) Reprimand, warning;

b) Replacement of the program owner or project owner;

c) Refusal to appoint them as owners of other projects.

7. Every year, the Ministry of Planning and Investment shall:

a) Propose penalties upon ministries and local authorities that fail to submit reports on overall investment supervision and assessment or fail to submit them on schedule, or the reports submitted are not satisfactory;

b) Submit a report on actions against violations against regulations on supervision and assessment of investment to the Prime Minister.