Who must declare annual assets and income in Vietnam? What assets and income must be declared annually in Vietnam?

What assets and income must be declared annually in Vietnam?

In Article 35 of the 2018 Anti-Corruption Law, there are regulations on assets and income subject to declaration as follows:

1. The following assets and income shall be declared:

a) Land use rights, houses, construction works and other property attached thereto;

b) Previous metals, gemstones, cash, financial instruments and other real property each of which is assessed at VND 50.000.000 or above;

c) Overseas property and accounts;

d) Total income between 02 declarations.

2. The Government shall provide declaration forms and implement the provisions of this Article.

Thus, assets and income that must be declared annually include:

- Land use rights, houses, construction works and other property attached thereto;

- Previous metals, gemstones, cash, financial instruments and other real property each of which is assessed at VND 50.000.000 or above;

- Overseas property and accounts;

- Total income between 02 declarations.

Who must declare annual assets and income in Vietnam? What assets and income must be declared annually in Vietnam? (Image from the Internet)

Who must declare annual assets and income in Vietnam?

In Article 10 of Decree 130/2020/ND-CP, there are regulations that persons obliged to make declarations as stated in Point b Clause 3 Article 36 of Law on Anti-corruption, including:

1. Following officer titles and ranks:

a) Enforcement officers;

b) Investigators;

c) Accountants;

d) Rangers;

dd) Procurators;

e) Banking procurators;

g) Market controllers;

h) Auditors;

i) Examiners of the Communist Party;

k) Customs examiners;

l) Tax examiners;

m) Inspectors;

n) Judges.

2. Persons holding managerial positions from deputies and equivalent to higher positions operating in fields defined under Annex III attached to this Decree.

3. Representatives of state capital in enterprises.

What is list of people holding leadership and management positions from Deputy Head of Department and equivalent or higher who must declare their annual income and assets in Vietnam?

In Appendix 3 issued with Decree 130/2020/ND-CP, there is a list of people holding leadership and management positions from Deputy Head of Department and equivalent or higher who must declare their annual assets and income include:

1. Personnel appraisal to submit to competent authorities for appointment, transfer, rotation, training and fostering of officials and civil servants.

2. Organize recruitment, examinations for civil servant rank promotion, and civil servant rank promotion.

3. Appraisal of documents to submit to competent authorities for approval on organizational structure and staffing.

4. Appraisal of new establishment projects, reorganization of agencies, organizations, units and state-owned enterprises, non-governmental organizations, and professional associations.

5. Appraisal of dossiers requesting the establishment, merger, division, and adjustment of boundaries of administrative units at all levels.

6. Appraisal of documents to submit to competent authorities to decide on forms of emulation, reward, and discipline.

7. Allocation of training targets and budget.

8. Management of tax payers.

9. Tax collection, tax control, tax refund, tax finalization, management and issuance of prints.

10. Inspection of import and export goods.

11. Appraise, check and finalize funding according to the provisions of the State Budget Law.

12. Grant licenses to operate banks and credit institutions

13. Appraisal of and decide to grant credit at banks with capital controlled by the state.

14. Handling debts and bad debts; debt buying and selling activities; Appraisal and valuation in auction.

15. Allocation of money and goods belonging to the State Treasury and national reserves.

16. Payment of social insurance and health insurance.

17. Licensing foreign exchange operations, gold, silver and gemstone trading.

18. Supervising banking activities.

19. Issuing licenses related to import and export and commercial services.

20. Licensing related to ensuring safety standards in production and business.

21. Market management.

22. Licensing in the construction field.

23. Appraisal of construction projects.

24. Construction planning management.

25. Managing and monitoring the quality of construction projects.

26. Appraising and approving planning tasks and projects.

27. Issuing capacity certificates to construction organizations, practice certificates to individuals engaged in construction activities, and operating licenses to foreign contractors.

28. Technical inspection and management of traffic works.

29. Registration of all types of vehicles.

30. Testing and licensing for vehicle drivers.

31. Issuance of food hygiene and safety certificates.

32. Issuance of medical and pharmaceutical practice certificates.

33. Issuance of licenses and certificates of establishments meeting standards for animal and poultry feed production; Issuance of veterinary hygiene and food safety certificates.

34. Issuance of licenses to import modern medicines.

35. Issuance of licenses to import insecticides and disinfectants.

36. Issuance of cosmetic import certificate.

37. Testing product standards and quality.

38. Management, supervision, and supply of drugs; medicinal materials, tools, medical equipment and supplies; Color products related to the protection of human health care and social benefits.

39. Appraisal and valuation of modern drugs.

40. Issuance of international travel business license.

41. Issuance of licenses to recognize tourist accommodation establishments.

42. Issuance of licenses to recognize national-level historical relics.

43. Issuance of licenses for archaeological exploration and excavation.

44. Issuance of licenses to bring relics and antiquities abroad.

45. Licensing for professional performing arts.

46. ​​Issuance of licenses to import, export and disseminate cultural publications.

47. Appraisal of application for recognition of tourist accommodation establishment class.

48. Appraising and licensing programs, performances, and plays of Vietnamese organizations and individuals to perform abroad and foreign organizations and individuals to perform in Vietnam.

49. Appraisal and submit for approval projects to preserve, repair and restore national historical relics and special national relics according to the provisions of law.

50. Submit for approval or agreement on the construction of works in protected area II for national relics and special national relics.

51. Granting operating licenses for postal, telecommunications, information technology, press and publishing activities.

52. Licensing operations, granting and allocating resources in the field of information and communications.

53. Managing advertising programs on radio, television, and the Internet.

54. Allocating, appraising, and managing projects and schemes in the field of information and communication.

55. Issuance of certificates of land use rights and ownership of assets attached to land.

56. Issuance of licenses to survey, explore, exploit and process minerals.

57. Issuance of licenses to treat and transport hazardous waste.

58. Issuance of certificates of environmental standards.

59. Issuing licenses for exploration, exploitation, use of water resources and discharge of wastewater into water sources.

60. Handling documents for land allocation, land lease, land recovery, change of land use purpose, registration of land use rights, ownership and use of assets attached to land.

61. Land quota allocation; Compensation levels and support in site clearance.

62. Handling environmental administrative violations.

63. Appraisal, planning, control, supervision, coordination, compensation, site clearance.

64. Management of rare and precious animals.

65. Quarantine of animals and animal products.

66. Management of veterinary drugs and plant protection drugs.

67. Monitor, manage and protect aquatic resources, manage quality, safety, hygiene, veterinary medicine and fisheries.

68. Appraisal and issuance of investment certificates.

69. Project appraisal.

70. Bidding.

71. Prepare, allocate and manage capital plans.

72. Planning management.

73. Management of industrial parks - export processing zones.

74. Enterprise management and business registration.

75. ODA management.

76. Receiving and processing consular documents, visa issuance, entry and exit management.

77. Receiving and handling marriage registration and child adoption involving foreign elements; registration of security transactions.

78. Receiving and handling civil status correction; Judicial Records.

79. Issuance of licenses to operate services to send Vietnamese workers to work abroad under contracts.

80. Granting licenses to establish vocational colleges and vocational secondary schools; issue vocational training registration certificates to vocational training establishments; allocate targets and funding for vocational training.

81. Implementation of policies towards people with meritorious services; Social Protection.

82. Cooperation and exchange of science and technology with foreign elements.

83. Appraisal of dossiers for issuance, adjustment, revocation, and extension of licenses, certificates, and registrations in state management of science and technology.

84. Technology appraisal and inspection for investment projects.

85. Appraisal and consulting on issuance of intellectual property certificates.

86. Allocation and appraisal of scientific research topics in the field of science and technology.

87. Admissions to public schools.

88. Allocation of university and postgraduate training targets and overseas training targets.

89. Appraise and approve training and retraining programs of schools in the national education system.

90. Evaluate textbooks, teaching aids, and other technical supplies for teaching and research.

91. Appraisal of documents to establish schools in the national education system.

92. Management of projects and schemes in the field of education and training.

93. Vocational training and job introduction.

94. Management of scientific research projects.

95. Border control.

96. Patrolling, inspecting, controlling and handling traffic safety on roads, waterways and railways.

97. Registration and issuance of license plates for all types of road vehicles; patrol, inspect, control and handle traffic safety on roads, waterways and railways.

98. Verification and approval of fire prevention and fighting designs, fire safety inspection.

99. Supervisors and wardens at prisons, detention camps and compulsory educational establishments.

100. Registration and management of conditional business lines.

101. Treasurer, accountant.

102. Persons assigned to perform specialized inspection functions in the fields of environmental resources, construction, and finance.

103. Policy assistant of the District Military Command.

104. Military assistant, Officer assistant at regiment level or higher.

105. Assistant for student management, enrollment, policies, and insurance of schools.

Best regards!