Vietnam: Economic needs test (ENT) according to Decree No. 09/2018/ND-CP

10:55, 02/02/2018

This is one of the notable contents specified in Decree No. 09/2018/ND-CP issued on January 15, 2018 by the Government of Vietnam.

Kiểm tra nhu cầu kinh tế (ENT) theo Nghị định 09/2018/NĐ-CP

Specifically, according to Article 23 of Decree No. 09/2018/ND-CP of Vietnam’s Government, ENT shall be carried out in case of setting up a retail outlet other than the first retail outlet, unless such retail outlet is less than 500m2 in size and located in a shopping mall and not classified as convenience store or mini supermarket.

ENT criteria:

- The scale of relevant geographic market being affected by to-be-retail outlet;

- The number of existing retail outlets in the relevant geographic market;

- Impact of the retail outlet on the market stability and operating activities of other retail outlets and traditional markets in the relevant geographic market;

- Impact of retail outlet on traffic density, environment hygiene, fire safety in the relevant geographic market;

- Potential contribution of the retail outlet to the socio-economic development of the relevant geographic market, in particular:

+ Employment creation for domestic workers;

+ Potential contribution to the development and modernization of the retailing sector in the relevant geographic market;

+ Improvement of environment and living conditions of inhabitants in the relevant geographic market;

+ Potential and actual contribution to the state budget.

View more details: Decree No. 09/2018/ND-CP of Vietnam’s Government takes effect from January 15, 2018.

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