9 SUBJECTS FOR ASSETS AND INCOME DECLARATION
In order to serve the management of officials and civil servants, and contributing to prevention and suppression of corruption, the Government issues the Decree No. 78/2013/ND-CP of the Government on transparency of assets and income.
Accordingly, instead of defining 10 groups of entities obliged to declare assets and income prescribed in the existing legislation, the new Decision specifies the 09 groups of entities to declare, publicize and explain their assets and income, including: Full-time deputies of the National Assembly, deputies of the People’s Councils; Officials that hold the position of deputy managers of departments of the People’s Committees of districts of higher, and the persons that receive an allowance equivalent to that of such positions; Principals, deputy principals of kindergartens, elementary schools, middle schools, high schools, continuing education centers, the persons holding positions equivalent to deputy department managers or higher in universities, colleges, vocational schools of the state…
In particular, the Government also added list of persons (that do not hold managerial positions in state agencies,
Communist Party’s agencies, socio-political organizations, public service providers, the army, the police) in charge of state budget and asset management, or directly do the works to declare assets and income as follows: Those manage the budget and assets manager of the agencies, accounting units, public purchasing, budget allocation, those directly do the recruitment of staff, officials, civil servants and tax payers…
Besides, the Decree also specifically stipulated the assets and income to be declared, including: Houses and construction works, land use right, overseas assets, cars, motorcycles, boats, ships, and other movable assets under the management of the state that are worth at least 50 million VND; the debts payable that are worth at least 50 million VND; and total incomes in the year…The income and asset declaration shall be finished no later than December 31 every year.
The Decree takes effect on September 5, 2013 and supersedes the Government's Decree No. 37/2007/ND-CP dated March 09, 2007 and the Government's Decree No. 68/2011/ND-CP dated August 08, 2011.
