VIETNAM THIRD RURAL FINANCE PROJECT Credit Number 4447-VN GENERAL PROCUREMENT NOTICE TheSocialist Republic of Vietnam has received a Credit from the International Development Association (IDA, the World Bank) in theamount of USD 200 million equivalent toward the cost of the Third Rural Finance Project, and it intends to apply the proceeds ofthis Credit to payments for goods, works, related services, and consulting services to be procured under thisProject. The development objective of the project is to increase economic benefits for rural private enterprises and households inthe project areas in Vietnam by improving theiraccess to financial services. The Project consists of the following components: Part A: Rural Development Fund (RDF, USD 175 million) is to increase access by RDF Beneficiaries to financial servicesthrough Participating Financial Institutions (PFIs) for the financing of sub-projects through the provision of RDF Sub-loans. Part B: Micro-finance Loan Fund (MLF, USD 10 million) is to increase access by MLF Beneficiaries to financial servicesthrough Micro Finance Institutions (MFIs) for the financing of sub-projects through the provision ofMLFSub-loans. Part C: Building Institutional Capacities and New Products Development (USD 15 million)includes: 1. Strengthening the capacity of the Bank for Investment andDevelopment of Vietnam (BIDV) as the Apex Bank through the provision of technical assistance andtraining. 2. Strengthening the capacity of selected PFIs in providing ruralfinance services through the provision of technical assistance and training. 3. Carrying out a program to: (i) develop new rural finance productsand services; (ii) strengthen the capacity of the Vietnam Association of Peoples' Credit Funds in implementing its organizationaland business plan; (iii) provide technical assistance and training to the Association of Small and Medium Enterprises; (iv)strengthen the capacity of selected People's Credit Funds (PCFs) and non-bank MFIs; and (v) provide training to PFIs on theapplication of the Environmental Guidelines. The project is implemented in the period of 5 years (2009-2013) and based on the wholesale banking operation. The IDA creditwill be made available to the Socialist Republic of Vietnam for on-lending to BIDV, which is acting as the Wholesale Institution(the Apex Bank) of the Project. BIDV will be responsible for accrediting and then on-lending the IDA-funded credit to PFIs and MFIsin accordance with subsidiary loan agreements signed between BIDV and these PFIs/MFIs. In turn, the PFIs/MFIs will make loans toend-borrowers for sub-projects that meet the eligible criteria. Under theThird Rural Finance Project, consulting services will include (i) Building business strategies and institutionaldevelopment plans for participating commercial banks; (ii) Credit appraisal; (iii) Credit risk management; (iv) Develop lendingprocess for specific products and services, mechanism for overall quality control, credit process for large clients; (v) Other corebanking operations; (vi) Project audit; (vii) Business advisory services to SME borrowers; (viii) Strengthening Vietnam Associationof PCFs; (ix) Improving supervision by State Bank of Vietnam; (x) Supporting implementation of MLF operations; (xi) Introducingcash-flow based lending techniques; (xii) Developing agricultural insurance products; and (xiii) Generating new long term savingproducts. Contractsfor procurement of goods financed by the Credit will be conducted in line with the procedures specified in theWorld Bank's Guidelines: Procurement under IBRD Loans and IDA Credits, dated May 2004, revised October 2006 and is open to allbidders from eligible source countries asdefined in the guidelines. Consulting services will be selected in accordance withthe World Bank Guidelines: Selection and Employmentof Consultants by World Bank Borrowers, dated May 2004, revised October2006. Specific Procurement Notices for contracts to be bid under the World Bank's International Competitive Bidding (ICB)procedures if identified at laterstage and large-value consultants' contracts will be announced, as they become available, in theUnited Nation Development Business (UNDB) online, the Development Gateway's dgMarket and local newspapers such as Lao Dong, Vietnam News and Vietnam Public Procurement Review. Interested eligible bidders who wish to be included on the mailing list to receive an Invitation To Bid under ICBprocedures, if identified at later stage, and consultants who wish to receive a copy of the Request for Expression of Interest forlarge-value consultants' contracts, or thoserequiring additional information, should contact the addressbelow: Bank for Investment and Development of Vietnam Transaction Center III 10th floor, VIT Building 519 Kim Ma Street, Ba Dinh District, Hanoi, Vietnam Attention: Mr Quach Hung Hiep, Director Telephone: +84.4.22208268 Facsimile: +84.4.22209222 Email: sgd3@bidv.com.vn
|
