From July 01, 2024, which form will be the form of market price report under Circular 29/2024/TT-BTC?
From July 01, 2024, which form will be the form of market price report under Circular 29/2024/TT-BTC?
On May 16, 2024, the Minister of Finance issued Circular 29/2024/TT-BTC stipulating the synthesis, analysis, forecasting of market prices, and the funding to ensure these tasks.
Based on Appendix IV attached to the Circular 29/2024/TT-BTC dated May 16, 2024, by the Minister of Finance, the market price report template is as follows:
>>>Market price report form in Circular 29/2024/TT-BTC: Download
From July 01, 2024, which form will be the form of market price report under Circular 29/2024/TT-BTC? (Internet image)
What contents are included in the market price report in Vietnam?
Based on Article 8 of the Circular 29/2024/TT-BTC, the contents of the market price report in Vietnam include:
Contents of the market price report
1. The contents of the market price report shall comply with the provisions of Clause 1, Article 36 of the Law on Prices.
2. The market price report follows the template specified in Appendix IV of this Circular; the consolidated market price report of the Ministry of Finance submitted to the Head of the Price Steering Committee and for the meeting of the Price Steering Committee follows the template specified in Appendix V of this Circular.
Thus, the specific contents of the market price report include:
- The contents of the market price report comply with the provisions of Clause 1, Article 36 of the Law on Prices 2023. To be specific, the consolidated analysis, forecast of market prices include the following contents:
+ Consolidate the market price level and the evolution of domestic and international goods, services market price levels for state management on prices; analyze the causes of market price volatility; assess the impact of domestic and international economic, political factors on the management and regulation of prices;
+ State management and regulation of prices;
+ Forecast trends of market price levels for essential goods and services;
+ Propose plans to adjust prices of goods and services listed by the State (if any); evaluate the impact of price adjustments on socio-economic conditions and the goal of inflation control;
+ Solutions and measures for price management and regulation.
- The market price report follows the template specified in Appendix IV of Circular 29/2024/TT-BTC;
The consolidated market price report of the Ministry of Finance submitted to the Head of the Price Steering Committee and for the meeting of the Price Steering Committee follows the template specified in Appendix V of Circular 29/2024/TT-BTC.
What are the submission methods for the market price report in Vietnam from July 01, 2024?
Based on Article 9 of the Circular 29/2024/TT-BTC, the submission methods are as follows:
(1) Ministries, Provincial People's Committees submit reports to the Ministry of Finance as follows:
+ Submit reports in a standardized format via electronic administrative documents (electronic document management and administration system) and send to the email address csgia@mof.gov.vn;
In case it is not possible to submit via electronic administrative documents, send paper documents through postal services;
+ Simultaneously update into the National Price Database system, the "Market Price Report" subsystem integrated into the system at https://csdlgiaquocgia.mof.gov.vn (if available).
In case the National Price Database has been fully deployed for the Ministries, Provincial People's Committees to update reports into the National Price Database system, the Ministries, Provincial People's Committees can choose to only update the report into the system and do not need to follow the method at point a of this clause;
+ Other submission methods as requested by the Ministry of Finance in the case of sudden reports.
(2) Ministries, Provincial People's Committees, and other related organizations and individuals, when required to coordinate, submit their reports to the specialized ministry in charge of reporting via electronic administrative documents (electronic document management and administration system) or via paper documents through postal services (in case there is no electronic document management system);
In case of sudden reports, simultaneously submit through other methods as requested by the specialized reporting ministry.
(3) The Ministry of Finance, Ministries, Provincial People's Committees submit reports to the Government of Vietnam, the Prime Minister of the Government of Vietnam via electronic administrative documents (electronic document management and administration system) and other methods as requested by the Government of Vietnam, the Prime Minister of the Government of Vietnam.
(4) Report format:
+ The electronic submission must include an electronic version using the unified Vietnamese Unicode encoding and a scanned document with the signature and seal of the issuing unit. For urgent reports, the report submission format follows the instructions in the specific reporting request document from the Ministry of Finance or specialized Ministries, Provincial People's Committees in charge of reporting (if any);
+ The document file naming convention for reports from Provincial People's Committees follows the regulations in Appendix III of Circular 29/2024/TT-BTC.
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