The Vietnam State Securities Commission’s Information Technology Department has cancelled a procurement package to replace servers supporting the securities trading surveillance system, with no contract awarded because all electronic bids failed to meet the requirements set out in the electronic tender dossier. The cancelled package had an estimated value of VND 8,267,000,000 and was to be procured via domestic open tendering conducted online, under a lump-sum contract with a planned implementation period of 240 consecutive days from the contract’s effective date. Five bidders were not selected, with three failing capacity and experience requirements and two failing technical requirements; the cancellation was made under point (a), clause 1, Article 17 of Vietnam’s Bidding Law No. 22/2023/QH15, and the detailed bid evaluation report was posted on the national e-procurement system.
Vietnam State Securities Commission 2025-01-10
Vietnam State Securities Commission cancels VND 8.267 billion tender to replace servers for its securities trading surveillance system
The Vietnam State Securities Commission's Information Technology Department cancelled a server replacement procurement for the securities trading surveillance system as all electronic bids failed to meet tender requirements. The package, valued at VND 8,267,000,000, was to be procured via domestic open tendering. Five bidders were rejected for not meeting capacity, experience, or technical requirements, leading to the cancellation under Vietnam’s Bidding Law No. 22/2023/QH15.