The Law on Management and Use of Public Property 2017, promulgated by the National Assembly on June 21, 2017 and effective from January 1, 2018, provides the principles, authority, and regulations for managing and using public property to ensure efficiency, transparency, and prevent waste. The Law covers various categories of public property, including assets of state agencies, public service units, socio-political organizations, infrastructure assets, state-invested assets in enterprises, land, natural resources, and other state-owned assets.
It also establishes mechanisms for supervision and handling of violations, enhances decentralization of authority, and reinforces accountability in public property management, thereby improving the efficiency of state budget use and national asset utilization.
| Issuing bodies: | National Assembly of the Socialist Republic of Vietnam | Gazette number: | 519&520-07/2017 |
| Official number: | 15/2017/QH14 | Gazette dated: | 26/07/2017 |
| Types of documents: | Law | Signer: | Nguyễn Thị Kim Ngân |
| Issuing date: | 21/06/2017 | Expiry date: | |
| Effective date: | 01/01/2018 | Effect status: | Partly expired |
| Fields: | Finance - Bank | Updated date: | 21/06/2017 |
