From July 1, 2024, what are details of the list of information, goods, and services subject to specialized market price reporting in Vietnam?
From July 1, 2024, what are details of the list of information, goods, and services subject to specialized market price reporting in Vietnam?
Based on Annex I accompanying Circular 29/2024/TT-BTC which stipulates the list of information, goods, and services subject to specialized market price reporting in Vietnam as follows:
Below is the list of information, goods, and services subject to specialized market price reporting in Vietnam:
| No. | Report Categories |
|---|---|
| 1 | Information on import and export management, trade balance, commodity market situation, domestic and international supply and demand, production situation, price trend developments, price management and regulation of commodities such as petroleum, electricity, coal, liquefied petroleum gas (LPG), steel; implementation of public service price management in the field of management; price trend forecast, impact assessment, and management and regulatory measures proposal as per the Ministry of Industry and Trade's functions and tasks in industry and field management. |
| 2 | Information on supply, production, price management and regulation, and price developments of commodities such as rice, fresh food, live pigs, pork, fertilizers, animal feed, important agricultural materials; implementation of public service price management in the field of management; price trend forecast and management and regulatory measures proposal as per the Ministry of Agriculture and Rural Development's functions and tasks in industry and field management. |
| 3 | Information on price management and regulation and price developments of services such as domestic passenger air transport services, seaport services, fixed route road passenger transport, taxi passenger transport; implementation of public service price management in the field of management; price trend forecast and management and regulatory measures proposal as per the Ministry of Transport's functions and tasks in industry and field management. |
| 4 | Information on price management and regulation and price developments of the market for human disease prevention and treatment medications; price trend developments and implementation of medical examination and treatment service price roadmap at public medical facilities; human disease medication pricing management, and medical equipment pricing management; implementation of public service price management in the field of management; price trend forecast and management and regulatory measures proposal as per the Ministry of Health's functions and tasks in industry and field management. |
| 5 | Information on price management and regulation and price developments in education and training services (tuition fees), textbooks; implementation of public service price management in the field of management; proposed price adjustment plans and management and regulatory measures proposal as per the Ministry of Education and Training's functions and tasks in industry and field management. |
| 6 | Information on price management and regulation in vocational education services (excluding pedagogical intermediate and college levels); technical inspection services for machinery, equipment, critical materials, and substances demanding strict labor safety; brokerage services under labor export contracts, labor export services; implementation of public service price management in the field of management; proposed price adjustment plans and management and regulatory measures proposal as per the Ministry of Labor, Invalids, and Social Affairs' functions and tasks in industry and field management. |
| 7 | Information on land price management; implementation of public service price management in the field of management; price trend forecast and proposal for management and regulatory measures as per the Ministry of Natural Resources and Environment's functions and tasks in industry and field management. |
| 8 | Information on price management and regulation and market price developments of commodities such as cement, steel, real estate for sale and lease; social housing for lease and purchase; important construction materials; implementation of public service price management in the field of management; price trend forecast and proposal for management and regulatory measures as per the Ministry of Construction's functions and tasks in industry and field management. |
| 9 | Information on price management and regulation and market price developments in postal services, telecommunications; implementation of public service price management in the field of management; price trend forecast and proposal for management and regulatory measures as per the Ministry of Information and Communications' functions and tasks in industry and field management. |
| 10 | Information on domestic and international macroeconomic conditions; market overview, prices, consumer price index analysis; global and domestic economic forecasts; forecasts of influencing factors and proposed inflation scenarios, recommendations for management and regulatory measures as per the Ministry of Planning and Investment's functions and tasks in industry and field management. |
| 11 | Information on the administration of monetary policy, foreign exchange market (U.S. dollar); analysis and evaluation of core inflation developments; proposed monetary policy direction in coordination with other macroeconomic policies to control overall and core inflation as per the State Bank of Vietnam's functions and tasks in industry and field management. |
From July 1, 2024, what are details of the list of information, goods, and services subject to specialized market price reporting in Vietnam? (Internet image)
What does the market price report include under the law in Vietnam?
Based on Article 8 of Circular 29/2024/TT-BTC, the contents of the market price report include:
- The contents of the market price report are implemented in accordance with Clause 1, Article 36 of the Price Law 2023.
- The market price report is implemented according to the form provided in Annex IV of Circular 29/2024/TT-BTC;
The consolidated market price report of the Ministry of Finance to be submitted to the Head of the Price Steering Committee and to serve the meeting of the Price Steering Committee is implemented according to the form provided in Annex V of Circular 29/2024/TT-BTC.
What are methods of submission market price reports in Vietnam?
Based on Article 9 of Circular 29/2024/TT-BTC, the methods of submission market price reports in Vietnam include:
- Ministries and Provincial People's Committees send reports to the Ministry of Finance as follows:
+ Send reports in a unified format via electronic administrative document (the electronic document management and operation system) and send to the email address csgia@mof.gov.vn.
In case the conditions to send via electronic administrative document are not available, send paper documents via postal service;
+ Simultaneously update the report into the National Database on Prices system, the "Market Price Report" subsystem integrated into the system at https://csdlgiaquocgia.mof.gov.vn (if available).
In case the National Database on Prices ensures full deployment for Ministries and Provincial People's Committees to update the report into the National Database on Prices system, the Ministries and Provincial People's Committees may choose to only update the report into the National Database on Prices system without having to perform the report sending method mentioned in point a of this clause;
+ Other methods of sending reports as required by the Ministry of Finance in case of adhoc reports.
- Ministries, Provincial People's Committees, other related organizations, and individuals, when required to cooperate, send reports to the specialized Ministries in charge of reporting via electronic administrative document or paper document via postal service (in case there is no document and electronic management system);
In case of adhoc reports, also send by other methods as required by the specialized Ministries in charge of reporting.
- The Ministry of Finance, other Ministries, and Provincial People's Committees send reports to the Government of Vietnam, the Prime Minister of the Government of Vietnam via electronic administrative document (the electronic document management and operation system) and other methods as required by the Government of Vietnam, the Prime Minister of the Government of Vietnam.
- Report format:
+ Reports sent electronically must include an electronic document with the unified Vietnamese Unicode character set and scanned documents with sufficient signatures and the issuing unit's seal. For adhoc reports, the report sending format follows the specific reporting request instructions from the Ministry of Finance or the specialized Ministries, Provincial People's Committees in charge of reporting (if any);
+ The document report file naming convention for Provincial People's Committees is implemented according to the regulations in Annex III of Circular 29/2024/TT-BTC.
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