Detailed economic - technical characteristics of medical equipment for price declaration in Vietnam from January 1, 2025

Detailed economic - technical characteristics of medical equipment for price declaration in Vietnam from January 1, 2025​ (Image from the Internet)

On November 4, 2024, the Minister of Health of Vietnam issued Circular 29/2024/TT-BYT stipulating the economic-technical features of medical equipment for price declaration.

Detailed economic - technical characteristics of medical equipment for price declaration in Vietnam from January 1, 2025​

According to the provisions set out in the Appendix issued together with Circular 29/2024/TT-BYT, the economic-technical features of medical equipment for price declaration are as follows:

Note:

- The Department of Infrastructure and Medical Equipment - Ministry of Health of Vietnam is responsible for:

+ Notifying the modality for receiving and organizing the receipt of price declaration documents for medical equipment according to the law on pricing;

+ Reviewing, summarizing the list of entities declaring prices according to the law on pricing and publishing on the online public service system for managing medical equipment of the Ministry of Health;

+ Coordinating with the National Health Information Center, Ministry of Health to build an information technology system for the price declaration of medical equipment;

+ Collaborating with the Ministry of Finance's relevant agencies to connect and update information, data on price declarations of medical equipment into the National Database on Pricing as per the law on pricing.

+ Based on the state management requirements on pricing and the need for comprehensive analysis and market price forecasting, at least once every two years, the Department of Infrastructure and Medical Equipment leads, cooperates with relevant units to review, summarize, and submit to the Ministry of Health for issuing a Circular to amend, supplement and update the economic-technical features of medical equipment for price declaration as per regulations.

- The National Health Information Center - Ministry of Health leads, cooperates with the Department of Infrastructure and Medical Equipment to build an information technology system for price declaration of medical equipment.

- People's Committees of provinces and central-affiliated cities are responsible for organizing the reception of price declarations according to the law on pricing to facilitate organization and individuals in fulfilling the declarations. (As specified in Article 3 of Circular 29/2024/TT-BYT)

Refer to Circular 29/2024/TT-BYT effective from January 1, 2025.

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