What is the List of 05 new costs of proceedings in Vietnam from July 1, 2025?

What is the List of 05 new costs of proceedings in Vietnam from July 1, 2025?

Based on the List of Certain costs of proceedings issued with Ordinance 05/2024/UBTVQH15 (document effective from July 1, 2025) which stipulates some new costs of proceedings as follows:

What costs are included in costs of proceedings in Vietnam under Ordinance 05?

According to Article 3 of Ordinance 05/2024/UBTVQH15, the following costs of proceedings are stipulated:

(1) Costs for on-site review, assessment; costs for on-site inspection;

(2) Costs for property valuation;

(3) Costs for expert examination;

(4) Costs for Assessors;

(5) Costs for Lawyers, Legal Assistants, People’s Advocates;

(6) Costs for Witnesses, Observers;

(7) Costs for Interpreters, Translators;

(8) Costs for Judicial Delegation abroad;

(9) Costs for Participation in Court Sessions, Case Meetings.

What is the List of 05 new costs of proceedings in Vietnam from July 1, 2025? (Image from the Internet)

What is the Funding for costs of proceedings in Vietnam under Ordinance 05?

Pursuant to Article 71 of Ordinance 05/2024/UBTVQH15, the source of funding for costs of proceedings is stipulated as follows:

Source of Funding

1. The funding for costs of proceedings that the competent authorities conducting proceedings and related agencies are responsible for paying according to this Ordinance is guaranteed by the state budget as per the law on state budget and other related legal regulations.

2. The funding for Assessors is arranged within the annual state budget estimate of the Court as per the law on the state budget.

Thus, the funding for costs of proceedings is guaranteed by the state budget following legal regulations.

What Principles Govern the State Budget Balance?

According to Article 7 of the State Budget Law 2015, the principles for balancing the state budget are stipulated as follows:

- Revenue from taxes, fees, charges, and other sources is fully compiled into the state budget balance, following the principle of not attaching them to specific expenditure tasks. If a revenue needs to be attached to a specific expenditure as per legal regulations, it's arranged from these revenues in the expenditure budget to implement. The enactment of revenue policy must ensure balance budget principles in the medium and long term and meet international integration commitments.

- The state budget is balanced on the principle that total revenue from taxes, fees, charges must be greater than total regular expenditures and increasingly contribute to investment development; in case of budget deficit, the deficit must be smaller than investment development expenditures, aiming towards balanced budget revenue-expenditure; in special cases, the Government of Vietnam presents to the National Assembly for consideration and decision. In case of budget surplus, it is used to pay principal and interest on state budget loans.

- Borrowing to cover the state budget deficit is only used for investment development, not for regular expenditures.

- The central government budget deficit is compensated from the following sources:

+ Domestic borrowing by issuing government bonds, national construction bonds, and other domestic borrowing as per legal regulations;

+ External borrowing from loans of the Government of Vietnam from other countries, international organizations, and issuing government bonds on international markets, excluding loans for re-lending.

- Local government budget deficit:

+ Budget spending at the provincial level can have a deficit; the local budget deficit is only used to invest in projects within the medium-term public investment plan approved by the provincial People's Council;

+ The local budget deficit is compensated by domestic borrowing from issuing local government bonds, re-borrowing from the Government of Vietnam's loans, and other domestic borrowing as per legal regulations;

+ The local budget deficit is consolidated into the state budget deficit and decided by the National Assembly. The Government of Vietnam specifies the conditions for allowing local budget deficit to ensure that it fits with the local repayment capacity and the overall state budget deficit limit.

- Local government borrowing limits:

+ For Hanoi and Ho Chi Minh City, not exceeding 60% of the local budget revenue according to decentralization;

+ For localities with local budget revenue under decentralization greater than regular expenditure, not exceeding 30% of the revenue according to decentralization;

+ For localities with local budget revenue under decentralization equal to or less than regular expenditure, not exceeding 20% of the revenue according to decentralization.