Vietnam: Guidelines for assessing the impact of policies before promulgating legal documents

According to Decree No. 34/2016/NĐ-CP of Vietnam’s Government, the to-be-assessed impacts of a policy include:

- Economic impacts, which shall be assessed on the basis of conducting cost-benefit analysis for one matter or several matters related to production, business, consumption, the investment and business environment, competitiveness of enterprises, organizations and individuals, national or local economic development structure, public spending, public investment and other economic matters.

- Social impacts, which shall be assessed on the basis of analyzing and forecasting impacts on one matter or several matters related to population, employment, property, health, the environment, healthcare, education, travel, poverty reduction, traditional cultural value, community connection, social affairs, and other social affairs.

- Gender impacts (if any), which shall be assessed on the basis of analyzing and forecasting economic and social impacts related to the opportunities, conditions and capacity of exercising rights and enjoying benefits of each gender.

- Impacts of administrative procedures (if any), which shall be assessed on the basis of analyzing and forecasting the necessity, lawfulness, reasonability and observance costs of administrative procedures to implement the policy.

- Impacts on the legal system, which shall be assessed on the basis of analyzing and forecasting agencies’, organizations’ and individuals’ capacity for implementing and observing the policy, impacts on the state apparatus, and Vietnam’s capacity for implementing and observing treaties.

View methods of regulatory impact assessment at Decree No. 34/2016/NĐ-CP of Vietnam’s Government, effective from July 01, 2016.

- Thanh Lam -

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