Found and Handed Over Antiquities, Awarded More Than 50 Million VND

Duy Thinh

19:28, 10/07/2024

This is a notable content mentioned in Decree 29/2018/ND-CP stipulating the order and procedures for establishing ownership of the entire people over assets and handling assets that are established as ownership of the entire people.

Any individual who discovers and surrenders an asset that is a historical-cultural relic, national treasure, artifact, or antique valued at over 10 billion VND is entitled to a reward of 0.5%, equivalent to more than 50 million VND.

The reward rate may vary depending on the value of the discovered asset, specifically:

- For assets valued up to 10 million VND, the reward rate is 30%;- Between 10 million and 100 million VND, the reward rate is 15%;- Over 100 million up to 1 billion VND, the reward rate is 7%;- For assets valued over 1 billion up to under 10 billion VND, the reward rate is 1%.

In cases where an individual only discovers and provides accurate information about the location where the asset is hidden or buried, the reward will be 50% of the corresponding reward rates mentioned above.

Decree 29/2018/ND-CP takes effect from March 5, 2018.

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