Vietnam’s regulations on system of security industry establishments

According to Decree No. 63/2020/NĐ-CP of Vietnam’s Government, the system of security industry establishments is specified as follows:

- Research institutes; center for scientific application and experimental organized into public service providers or science and technology enterprises in the People's Public Security Force.

- State-funded establishments fabricating, manufacturing, repairing and assembling specialized and dual-use security products organized into public service providers or science and technology enterprises in the People's Public Security Force.

- Establishments researching, manufacturing and repairing specialized and dual-use security products founded in security industry and national defense industry cooperation between the Ministry of Public Security and the Ministry of National Defense.

- Establishments researching, manufacturing and repairing specialized and dual-use security products founded in cooperation or under joint venture between enterprises in the People's Public Security Force and other enterprises over 50% of charter capital of which is held by the state.

Besides, Decree No. 63/2020/NĐ-CP also stipulates activities of security industry establishments, specifically as follows:

- Research, manufacture, repair and develop specialized security products as commissioned or requested in accordance with regulations of the State and the Ministry of Public Security.

- Cooperate, establish joint ventures or association with domestic organizations or individuals to research, manufacture and repair specialized and dual-used security products in accordance with regulations of law.

- Transfer technologies, carry out reverse engineering and provide training to personnel to meet the objective for security industry development.

- Make necessary preparations for research into, manufacturing, repair and development of new products and for reserve in the case of security and order-related contingencies.

View full text at Decree No. 63/2020/NĐ-CP of Vietnam’s Government, effective from August 01, 2020.

Thu Ba

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