Regulated entities

1. Enterprises, public service agencies, cooperatives, agencies, units, or individuals who manufacture, carry on trade or provide goods or services (hereinafter referred to as business entities) as prescribed in Clause 1 Article 1 of this Circular.

2. Pursuant to regulations in this Circular, the price authority shall:

a) Assess plans for prices, decide prices of goods or services determined by the State; goods or services included in the list of goods or services under price stabilization programs carried out by the State, including specific prices, maximum prices, minimum prices or price bracket; decisions on price support.

b) Check Price registration forms; Dossiers on price negotiation; price declaration.

c) Inspect pricing factors of goods or services as prescribed in Article 26 of the Law on prices; inspect the adherence to the law on prices.

3. Any business entity other than those prescribed in Clause 1 Article 1 of this Circular may apply pricing methods in this Circular to calculate and determine prices of goods or services within their competence.

This Circular shall take effect from April 15, 2014 and replace the Circular No. 154/2010/TT-BTC dated October 1, 2010 of the Minister of Finance on issuance of Regulations on pricing of assets, goods and services.