Recently, the Government of Vietnam has issued the Decree No. 39/2007/NĐ-CP on individuals doing trade independently and regularly do not have to register for their businesses.
Specifically, according to Decree No. 39/2007/NĐ-CP of Vietnam’s Government, Ministries and sectors shall, within their tasks and powers, take responsibility for guiding specifically the state management on commercial activities of individuals doing trade. Accordingly, the provincial People's Committees, People’s Committees of districts, towns, cities under provinces (abbreviated to as the district-level People’s Committees) shall implement state management over commercial activities of individuals doing trade in their localities under guide and decentralization of the superior state management agencies. Specifically, including the following tasks:
- To direct, guide and urge, examine the inferior People’s Committees in implementation of provisions on managing commercial activities of individuals doing trade in their localities;
- To formulate master plans and plans, to assign duties, to decentralize management of commercial activities of individuals doing trade in their localities;
- Timely give out solutions to organize commercial activities and suitable management forms, ensure normal activities of zones, roads, locations banning or allowing individuals performing commercial activities;
- To handle violations of individuals doing trade, which fall beyond competence of their inferior People’s Committees.
- Periodically or irregularly sum up and report at the request of the superior state management agencies about development, organization, management and operations of individuals doing trade in their localities and propose matters related to management of activities of these objects.
Note: The Ministry of Trade of Vietnam shall monitor and supervise implementation of this Decree.
View more details at Decree No. 39/2007/NĐ-CP of Vietnam’s Government, effective from September 14, 2007.
Ty Na
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