The article below will provide the list of goods and services subject to price declaration in Vietnam from July 10, 2024.
The Government of Vietnam issued Decree 85/2024/ND-CP on July 10, 2024, detailing several provisions of the Price Law 2023, including the listing of goods and services subject to price declaration.
The list of goods and services for price declaration is detailed in Appendix V attached to Decree 85/2024/ND-CP of Vietnam's Government follows:
No. | Name of Goods and Services | Authority Determining Economic-Technical Features | Receiving Authority for Price Declaration |
---|---|---|---|
A | Goods and Services Subject to Price Declaration Nationwide | ||
I | Goods and Services in the List of Price Stabilization Items | ||
1 | Refined gasoline, oil | Ministry of Industry and Trade | Ministry of Industry and Trade, Provincial People's Committees |
2 | Liquefied petroleum gas (LPG) | Ministry of Industry and Trade | Ministry of Industry and Trade, Provincial People's Committees |
3 | Milk for children under 6 years old | Ministry of Health | Provincial People's Committees |
4 | Paddy and rice | Ministry of Agriculture and Rural Development | Ministry of Agriculture and Rural Development, Provincial People's Committees |
5 | Urea fertilizer; DAP fertilizer; NPK fertilizer | Ministry of Agriculture and Rural Development | Ministry of Agriculture and Rural Development, Provincial People's Committees |
6 | Animal feed, aquaculture feed | Ministry of Agriculture and Rural Development | Ministry of Agriculture and Rural Development, Provincial People's Committees |
7 | Vaccines for livestock and poultry diseases | Ministry of Agriculture and Rural Development | Ministry of Agriculture and Rural Development, Provincial People's Committees |
8 | Plant protection drugs | Ministry of Agriculture and Rural Development | Ministry of Agriculture and Rural Development, Provincial People's Committees |
9 | Medicines in the list of essential drugs used at healthcare facilities | Ministry of Health | Provincial People's Committees |
II | Goods and Services Subject to Price Framework, Maximum Price, Minimum Price Set by the State | Ministries, ministerial-level agencies, Provincial People's Committees receive price declarations for goods and services under their pricing authority. In cases where goods, services fall under the central government's pricing authority, ministries, ministerial-level agencies receive price declarations according to their sectoral management authority. | |
III | Goods and Services Decided by Enterprises Based on Reference Prices | Ministries, ministerial-level agencies receive price declarations for goods and services under their sectoral management authority. | |
IV | Other Essential Goods and Services Issued by the Government | ||
1 | Cement | Ministry of Construction | Ministry of Construction, Provincial People's Committees |
2 | Housing, apartment buildings | Ministry of Construction | Ministry of Construction, Provincial People's Committees |
3 | Technical infrastructure works using shared investment from non-state budget resources (rental price) | Ministry of Construction | Ministry of Construction, Provincial People's Committees |
4 | Construction steel | Ministry of Industry and Trade | Ministry of Industry and Trade, Provincial People's Committees |
5 | Coal | Ministry of Industry and Trade | Ministry of Industry and Trade, Provincial People's Committees |
6 | Undenatured fuel ethanol | Ministry of Industry and Trade | Ministry of Industry and Trade, Provincial People's Committees |
7 | Liquefied natural gas (LNG), compressed natural gas (CNG) | Ministry of Industry and Trade | Ministry of Industry and Trade, Provincial People's Committees |
8 | Veterinary drugs for disinfection, sterilization, treatment for livestock, poultry, and aquatic animals | Ministry of Agriculture and Rural Development | Ministry of Agriculture and Rural Development, Provincial People's Committees |
9 | Edible sugar including white sugar and refined sugar | Ministry of Agriculture and Rural Development | Ministry of Agriculture and Rural Development, Provincial People's Committees |
10 | Edible salt | Ministry of Agriculture and Rural Development | Ministry of Agriculture and Rural Development, Provincial People's Committees |
11 | Services at seaports apart from goods and services priced by the State | Ministry of Transport | Ministry of Transport, Provincial People's Committees |
12 | Passenger transportation services by railway in hard seat, soft seat types | Ministry of Transport | Ministry of Transport, Provincial People's Committees |
13 | Fixed route passenger transportation services by road | Ministry of Transport | Provincial People's Committees |
14 | Functional food for children under 6 years old | Ministry of Health | Provincial People's Committees |
15 | Medical equipment | Ministry of Health | Ministry of Health, Provincial People's Committees |
16 | Medical examination and treatment services on demand at state-owned healthcare facilities | Ministry of Health | Ministry of Health, Provincial People's Committees |
17 | Medical examination and treatment services at private healthcare facilities | Ministry of Health | Provincial People's Committees |
18 | Telecommunication services | Ministry of Information and Communications | Ministry of Information and Communications |
B | Special Goods and Services Subject to Price Declaration in Localities (Applied Flexibly If Necessary): Provincial People's Committees Select and Receive Price Declarations from the Following List Based on Management Requirements, Objectives, and Practical Situations in Localities: | ||
1 | Accommodation services | Provincial People's Committees | Provincial People's Committees |
2 | Vehicle keeping services invested with non-state budget capital | Provincial People's Committees | Provincial People's Committees |
3 | Tourism services at local tourist areas | Provincial People's Committees | Provincial People's Committees |
4 | Taxi passenger transportation services | Provincial People's Committees | Provincial People's Committees |
5 | Tourist passenger transportation services | Provincial People's Committees | Provincial People's Committees |
6 | Freight and passenger transportation services on fixed routes by inland waterway - sea routes | Provincial People's Committees | Provincial People's Committees |
7 | Major construction materials (apart from cement, steel specified in the national price declaration list) | Provincial People's Committees | Provincial People's Committees |
8 | Seeds for agricultural production | Provincial People's Committees | Provincial People's Committees |
9 | Major services at markets apart from the services priced by the State | Provincial People's Committees | Provincial People's Committees |
10 | Hot mineral water business services | Provincial People's Committees | Provincial People's Committees |
More details can be found in Decree 85/2024/ND-CP of Vietnam's Government, effective from July 10, 2024.
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