Viet Nam: Investment Appraisal Consultant

Hanoi

Viet Nam: Investment Appraisal Consultant

Introduction:

Based in Seoul, The Global Green Growth Institute (GGGI) is an intergovernmental organization founded to support and promote a model of economic growth known as "green growth", which targets key aspects of economic performance such a poverty reduction, job creation, social inclusion, and environmental sustainability. GGGI works with countries around the world, building their capacity and working collaboratively on green growth policies that can impact the lives of millions. The organization partners with countries, multilateral institutions, government bodies, and private sector to help build economies that grow strongly and are more efficient and sustainable in the use of natural resources, less carbon intensive, and more resilient to climate change.

GGGI supports stakeholders through complementary and integrated work streams – Green Growth Planning & Implementation and Investment and Policy Solutions – that deliver comprehensive products designed to assist in developing, financing, and mainstreaming green growth in national economic development plans.

Since 2012, GGGI has worked with the government of Viet Nam (GoV), in particular in the green finance area with the Ministry of Planning and Investment (MPI). Specifically, in 2014-2015 GGGI partnered with UNDP to support MPI to develop the “Investment guidelines for green growth in Viet Nam” (IGGG) as an investment planning tool to assist line ministries, provinces and cities to plan public investments for consideration by MPI.

In 2016, GGGI and MPI have signed the 2016-2020 Country Planning Framework (CPF) for Viet Nam which identifies green finance as one of the key activities to enable GoV implementation of green growth objectives.

Based on the CPF, GGGI is supporting MPI through the technical assistance project “Enhance policy for mobilizing finance source to promote green growth implementation in Viet Nam” to increase green investment and strengthen coordination for improved policy and planning coherence.  In particular, one of the outcomes of the project is that green growth measures are adopted in the investment frameworks leading to new sources of green finance. In order to achieve this outcome, GGGI will provide technical assistance to the Department of Investment Supervision and Appraisal (DISA), MPI to develop the Investment Appraisal Handbook (Handbook) to mainstream green growth, poverty and social inclusion indicators in the government’s investment appraisal process.  

To develop the Handbook, a team of 3 consultants will be established and perform their tasks under the supervision of GGGI and close consultation with DISA:

            i.            Investment Appraisal consultant

          ii.            Green investment consultant  

        iii.            Socio-economic analysis consultant

This Terms of reference is for the recruitment of the Investment Appraisal consultant for the development of Handbook. 

Location
Vietnam
Contract Type
Individual Consultant (Deliverable)
Grade
Individual Consultant E
Salary scale
Individual Consultant Scale
Contract Duration
10 July - 31 December 2017
Date to close
04/07/2017
Ref No
VN1-2000-1/DISA Invest Appra

Contract

Project

Viet Nam:  “Enhance policy for mobilizing finance source to promote green growth implementation in Viet Nam”

Consultant Title:

Investment Appraisal Consultant

Expertise

Category

Advisory Support – level E

Location

Duty Station

Home based (Ha Noi, Viet Nam)

Contract Length

Start Date

10 July  2017

End Date

31 December  2017

Part-time/Full-time

Part – time

Contract Value

Daily Rate

Deliverable based

Days Estimated

80 days estimated

Total Fees

Up to USD 20,000 (dependent on experience)

Specifics of Recruitment

Introduction:

Based in Seoul, The Global Green Growth Institute (GGGI) is an intergovernmental organization founded to support and promote a model of economic growth known as "green growth", which targets key aspects of economic performance such a poverty reduction, job creation, social inclusion, and environmental sustainability. GGGI works with countries around the world, building their capacity and working collaboratively on green growth policies that can impact the lives of millions. The organization partners with countries, multilateral institutions, government bodies, and private sector to help build economies that grow strongly and are more efficient and sustainable in the use of natural resources, less carbon intensive, and more resilient to climate change.

GGGI supports stakeholders through complementary and integrated work streams – Green Growth Planning & Implementation and Investment and Policy Solutions – that deliver comprehensive products designed to assist in developing, financing, and mainstreaming green growth in national economic development plans.

Since 2012, GGGI has worked with the government of Viet Nam (GoV), in particular in the green finance area with the Ministry of Planning and Investment (MPI). Specifically, in 2014-2015 GGGI partnered with UNDP to support MPI to develop the “Investment guidelines for green growth in Viet Nam” (IGGG) as an investment planning tool to assist line ministries, provinces and cities to plan public investments for consideration by MPI.

In 2016, GGGI and MPI have signed the 2016-2020 Country Planning Framework (CPF) for Viet Nam which identifies green finance as one of the key activities to enable GoV implementation of green growth objectives.

Based on the CPF, GGGI is supporting MPI through the technical assistance project “Enhance policy for mobilizing finance source to promote green growth implementation in Viet Nam” to increase green investment and strengthen coordination for improved policy and planning coherence.  In particular, one of the outcomes of the project is that green growth measures are adopted in the investment frameworks leading to new sources of green finance. In order to achieve this outcome, GGGI will provide technical assistance to the Department of Investment Supervision and Appraisal (DISA), MPI to develop the Investment Appraisal Handbook (Handbook) to mainstream green growth, poverty and social inclusion indicators in the government’s investment appraisal process.  

To develop the Handbook, a team of 3 consultants will be established and perform their tasks under the supervision of GGGI and close consultation with DISA:

            i.            Investment Appraisal consultant

          ii.            Green investment consultant  

        iii.            Socio-economic analysis consultant

This Terms of reference is for the recruitment of the Investment Appraisal consultant for the development of Handbook.

Objectives/Purpose of the Assignment:

The objective of this assignment is to provide technical support to the Department of Investment Supervision and Appraisal (DISA) to develop the Investment Appraisal Handbook to integrate green growth and poverty and social inclusion indicators in the government’s investment appraisal process.

This assignment will be the part of wider work of streamlining financial resources for green growth to support Viet Nam in implementing its Viet Nam Green Growth Strategy (VGGS), Nationally Determined Contribution (NDC) and Sustainable Development Goals (SDGs).

Scope of work: 

In 2014-2016, GGGI has partnered with UNDP to support MPI to develop the Investment Guidelines for Green Growth (IGGG). The IGGG were developed as an investment planning tool to assist line ministries, provinces and cities to plan public investments for consideration by MPI. The Department of Investment Supervision and Appraisal (DISA) of MPI is responsible for appraisal of investments yet currently lacks a framework to effectively assess green growth benefits of investment proposals. By developing the Handbook aiming at applying IGGG in investment appraisal,   MPI can establish a framework to increase investments for green growth. The Handbook will provide the framework and guidelines for investment appraisal officials to assess investment proposals with green growth criteria as well as poverty and social inclusion indicators (socio-economic).

GGGI will take the lead role in managing the team of consultants. The Investment Appraisal consultant will need to work closely with the green investment consultant and socio-economic analysis consultant to ensure their inputs are well integrated and delivered in accordance with the team’s work plan (please see Annex I).

Under the guidance of GGGI, the tasks of the Investment Appraisal consultant are specified as follows:

1)      Prepare a detailed outline of the Handbook: 

The Investment Appraisal consultant is expected to prepare a detailed outline of the Handbook, work closely with the green investment consultant and socio-economic consultant to incorporate their inputs and finalize the detailed outline to submit to GGGI and DISA. The Investment Appraisal consultant will be expected to incorporate comments from GGGI and DISA before the deliverable is approved.

2)      Prepare 1st draft of the Investment Appraisal Handbook and submit to GGGI and DISA:

The Investment Appraisal consultant is expected to prepare the 1st draft of the Handbook, integrating green growth indicators and poverty and social inclusion indicators developed by the green investment consultant and socio-economic analysis consultant, and submit to GGGI and DISA. The Investment Appraisal consultant will be expected to incorporate comments from GGGI and DISA before the deliverable is approved.

3)      Support DISA and GGGI to consult with relevant stakeholders on the first draft of the Handbook at consultation workshops: DISA and GGGI will lead the consultation process (through workshop) with relevant stakeholders. The Investment Appraisal consultant is expected to:

-          Prepare necessary materials for the workshop. The workshop materials must be approved by GGGI and DISA before presented for consultation.

-          Collect and collate comments from stakeholders on the first draft of the Handbook for further analysis

-          Prepare workshop reports, integrating inputs from the green investment and socio-economic analysis consultants.

4)      Prepare the second draft based on stakeholders’ comments from the consultation workshop:

The Investment Appraisal consultant is expected to revise the draft Handbook based on comments collected from the consultation workshop. The green investment and socio-economic analysis consultants are expected to provide their inputs in response to stakeholders’ comments related to their areas. The Investment Appraisal consultant is expected to ensure these inputs are fully integrated into the second draft of the Handbook before submitting to GGGI and DISA.  

5)      Prepare the final draft incorporating official comments from relevant organizations: 

DISA and GGGI will lead the second round of consultation with relevant stakeholders through written feedback. The Investment Appraisal consultant is expected to collate and prepare the analysis of the written feedback received and revise the second draft accordingly, including integrating the respective revisions made by the other two consultants. GGGI’s and DISA’s comments are to be fully addressed before the final draft Handbook can be approved. 

6)      Support DISA and GGGI in the submission of the final Handbook for MPI’s approval:

The Handbook is to be submitted for MPI’s approval. The Investment Appraisal consultant will provide revision to the final draft and support as needed for the final Handbook to be submitted for MPI’s approval.

Output/Reporting Requirements/Deliverables

The consultant will be expected to incorporate comments from GGGI and DISA before the deliverables are approved.

Deliverables

Due Date

Payment (% of contract value)

Work Plan

14 July

45%

Detailed Outline of the Handbook

21 July

First Draft of the Handbook (payment milestone)

30 September

Workshop materials

13 October

35%

Workshop reports

25 October

Second draft of the Handbook (payment milestone)

31 October

Analysis of written feedbacks from stakeholders

6 December

20%

Final draft of the Handbook

15 December

FINAL HANDBOOK for submission to MPI (payment milestone)

22 December

The deliverables will be prepared and submitted in Vietnamese, in accordance with GGGI’s formatting requirements, and submitted in hard copy and electronic formats along with complete sets of raw data, research materials, and related information. GGGI will be responsible for the translation of the final draft and the final report into English.

Qualifications/Experience/Expertise:

-   A graduate degree in public financial management, public investment, public administration, economics or related fields.

-   At least 15 years of work experience in investment planning/appraisal. Experience in the development of legal framework(s) on investment planning and appraisal in Vietnam is a plus.

-   Extensive experience in working with the Vietnamese government agencies, particularly in relation to economic analysis and/or investment appraisal.

-   Demonstrated knowledge of Vietnam green growth and climate change policies.

-   Experience in developing guidelines and government regulatory and legal documents

-   Strong analytical skills and the ability to clearly synthesize complex technical information.

-   Management skills and demonstrated ability to lead a team of experts

-   Fluency in Vietnamese and working level of English is required, with excellent writing skills.

Before applying, please make sure that you have read the requirements for the position and that you qualify.
Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.
Apply
  • Organization: Global Green Growth Institute
  • Location: Hanoi
  • Grade: International Consultant
  • Occupational Groups:
    • Finance and Banking
  • Closing Date: 2017-07-10

Similar Jobs

International Digital Financial Services (DFS) Expert

UNDP - United Nations Development Programme

Investment Banking/Project Finance Consultant (National or International)

UNDP - United Nations Development Programme

Payment System Specialist – Retail Payments System advisor for the Nepal Rastra Bank

UNDP - United Nations Development Programme

Investment Banking/Project Finance Consultant (National or International)

UNDP - United Nations Development Programme