11:36 | 15/12/2023

What is the list of 20 commercial goods on which monopoly is held by the State of Vietnam?

What is the list of 20 commercial goods on which monopoly is held by the State of Vietnam? B.T - Hanoi

What is the list of 20 commercial goods on which monopoly is held by the State of Vietnam?

Article 5 of Decree 94/2017/ND-CP stipulates the list of commercial goods and services on which monopoly is held by the State and geographical areas thereof as follows:

- The list of commercial goods and services on which monopoly is held by the State and geographical areas thereof (hereinafter referred to as “the List”) is promulgated together with Decree 94/2017/ND-CP.

- The list comprises of goods and services on which monopoly is held by the State and the commercial activities corresponding to such goods and services.

Accordingly, 20 commercial goods on which monopoly is held by the State of Vietnam are promulgated together with Decree 94/2017/ND-CP as follows:

No.

Goods/services

Commercial activities in which monopoly is held by the State

Geographical areas

1.

Goods, services and geographical areas serving national defense and security

Minister of National Defense, Minister of Public Security shall provide guidance on the implementation

Specified by Minister of National Defense, Minister of Public Security

2.

Industrial explosive materials

Production, purchase, sale, export, import, temporary import, re-export, transit

Nationwide

3.

Gold bar

Production

Nationwide

4.

Gold materials

Export and import for production of gold bar

Nationwide

5.

Lottery

Issuance

Nationwide

6.

Cigarettes and cigars

Import (except for importing for sale as duty-free goods)

Nationwide

7.

National reserve activities

Management, import, export, purchase, sale, preserve and protection of goods on the list of national reserves

Nationwide

8.

Cash

Printing and molding

Nationwide

9.

Postage stamps of Vietnam

Issuance

Nationwide

10.

Fireworks and other activities related to fireworks

Production, purchase, sale, export, import, transport, storage

Nationwide

11.

National power system;

Transmission, dispatching

Nationwide


Multi-purpose hydropower and nuclear power projects particularly important to the economy and society

Construction and operation

Nationwide

12.

Maritime safety services

- Operation of the system of lighthouses;

- Operation of public navigable channel systems

Nationwide

13.

Coastal communication services

Management and operation of the coastal communication station systems

Nationwide

14.

Air navigation

- Air traffic services;

- Aeronautical information notification;

- Search and rescue

Nationwide

15.

State-invested national and municipal railroad infrastructure

Railroad infrastructure system management and operation; not including the maintenance and repair of railroad infrastructure

Nationwide

16.

Irrigation system, inter-provincial and inter-district agricultural hydraulic engineering; stone revetment

Management and operation if assigned

Nationwide

17.

Forestry services in special use forest

Service provision (Except for the landscape protected forests leased to the economic organization by the State for forest protection, development and combination of landscape business, resort, eco-environmental tourism

Nationwide

18.

Publishing products

Editing (not including printing and publishing)

Nationwide

19.

Public postal network

Management, maintenance, exploitation

Nationwide

20.

Public services in press publishing

Supplementation

Nationwide

Accordingly, the list of 20 commercial goods on which monopoly is held by the State of Vietnam is regulated as above.

What is the list of 20 commercial goods on which monopoly is held by the State of Vietnam? (Image from the Internet)

What are the principles of state monopoly on commercial activities in Vietnam?

Article 4 of Decree 94/2017/ND-CP stipulates the principles of implementing state monopoly in commercial activities:

- The State only holds monopoly on essential goods and services that are related to national defense or security or national interests security or those that other economic sectors are not able or do not wish to provide.

- A regulatory agency shall hold monopoly on commercial activities whether directly or by assigning another organization or individual. The assignment must be decided in writing by the head of a competent authority.

- State monopoly on commercial activities shall be implemented under the supervision of regulatory agencies according to regulations.

- Ministries, ministerial-level agencies and local authorities shall not regulate which activities, goods, services on which monopoly is held by the State and geographical areas thereof. The Minister of Defense and the Minister of Public Security shall provide guidance on goods/services serving national defense and security on which monopoly is held by the State and geographical areas thereof.

Vietnam: What are the regulations on revisions to the List of commercial goods and services on which monopoly is held by the State and geographical areas thereof?

Article 6 of Decree 94/2017/ND-CP stipulates the regulations on revisions to the List as follows:

- Revisions to the list shall be made in consideration of requests for State management proposed by ministries, ministerial-level agencies or provincial People's Committees or the written proposals expressing the desire and ability of enterprises of all economic sectors to participate in commercial activities related to goods and services on which monopoly is held by the State in the list.

- Ministries and ministerial agencies shall review suggestions of enterprises of all economic sectors to evaluate capability of enterprises for satisfying the conditions for business investment, conditions for ensuring security, defense, national interests and other conditions as prescribed by relevant laws.

- The Ministry of Industry and Trade shall collect the proposals and cooperate with relevant ministries, ministerial agencies to review, evaluate such proposals and request the Government to consider revising the List.

- The procedures for requesting and making revisions to the list shall comply with the law provisions on the elaboration of legal documents applied to amendment and supplementation of the Government's Decree.

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