Decree No. 130/2020/NĐ-CP: Persons obliged to make annual declarations on assets and income in Vietnam

10:10, 31/10/2020

Recently, the Government of Vietnam has issued the Decree No. 130/2020/NĐ-CP on controlling asset and income of persons holding titles and powers in agencies, organizations and entities.

Vietnam: Court clerks will officially no longer be obliged to make annual declarations from December 20, 2020

According to Article 10 of the Decree No. 130/2020/NĐ-CP of Vietnam’s Government, persons in charge of official management, management of public funds, public property or public investment, or have influence over the operation of other entities obliged to make declarations as stated in Point b Clause 3 Article 36 of Law on Anti-corruption of Vietnam, including:

- Following officer titles and ranks: enforcement officers; investigators; accountants; rangers; procurators; banking procurators; market controllers; auditors; examiners of the Communist Party; customs examiners; tax examiners; inspectors; judges.

- Persons holding managerial positions from deputies and equivalent to higher positions operating in fields defined under Annex III attached to Decree No. 130/2020/NĐ-CP.

- Representatives of state capital in enterprises.

View more details at the Decree No. 130/2020/NĐ-CP of Vietnam’s Government, effective from December 20, 2020.

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