Regulations on statistical classification by economic sectors in Vietnam from May 01, 2025

Regulations on statistical classification by economic sectors in Vietnam from May 01, 2025

Circular 07/2025/TT-BKHDT applies to agencies, organizations, and individuals involved in providing, producing, and using statistical information by type of economy.

Circular 07/2025/TT-BKHDT sets forth the objectives, basis, principles, list, and content of statistical classification by type of economy as follows:

- Objective of statistical classification by type of economy

+ The statistical classification by type of economy is issued for use in state statistical activities.

+ The statistical classification by type of economy serves as a basis to categorize economic units with similar characteristics into corresponding types of economy.

- Basis for statistical classification by type of economy

An economic unit is only categorized into one corresponding type of economy based on the following prioritized criteria:

+ Current legal provisions.

+ Proportion of equity capital.

+ Characteristics of each type of economy.

- Principles of statistical classification by type of economy

+ Ensure the reflection of the Communist Party's views on economic components; comply with legal provisions.

+ Ensure that an economic unit is only categorized into one type of economy.

+ Ensure feasibility, continuity, and uniform codification.

- Statistical classification by type of economy

+ The statistical classification by type of economy is a table classifying economic units by types of economy.

+ The statistical classification by type of economy includes a list and content detailed in the appendix attached to Circular 07/2025/TT-BKHDT.

+ The classification list by type of economy consists of 2 levels:

++ Level 1 includes 4 types of economy coded sequentially from 1 to 4.

++ Level 2 includes 17 types of economy; each level 2 type of economy is coded with two digits corresponding to level 1.

+ Content of statistical classification by type of economy prescribes:

++ Economic units identified within the type of economy.

++ Economic units excluded from this type of economy but identified in another type of economy.

More details can be found in Circular 07/2025/TT-BKHDT, effective from May 1, 2025.

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