Chương V Luật Giá 2023: Tổng hợp, phân tích, dự báo giá thị trường, cơ sở dữ liệu về giá

Chapter V

MARKET PRICE SUMMARY, ANALYSIS, FORECAST AND DATABASES ON PRICES

Article 34. Market price summary, analysis, and forecast

1. Market price summary, analysis, and forecast mean the collection and summary of information and data on prices of assets, goods, and services in a period of the stage for analysis, assessment, and forecast regarding the trend of fluctuations of the market price to propose directions, solutions, and measures to manage and regulate prices.

2. Regulations on market price summary, analysis, and forecast are as follows:

a) Organize the collection and analysis of prices of assets, goods, and services on the market;

b) Develop reports on price market summary, analysis, and forecast in each stage and period in association with the objective for inflation control; 

c) Assess and suggest annual objectives for inflation control and propose solutions to the management and operation of prices to control inflation and achieve macro-economic stability.

Article 35. Market price summary, analysis, and forecast principles

1. Being performed regularly, continuously, and promptly.

2. Ensuring adequacy and accuracy based on the application of information technology regarding the summary and analysis of data.

3. Being performed scientifically in association with the application of information technology and requirements for price management and regulation regarding the market price forecast.

Article 36. Reports on market price summary, analysis, and forecast

1. Reports on market price summary, analysis, and forecast include:

a) Summary of market prices and the development of domestic and international market prices of goods and services serving the requirement for state management of prices; analysis of reasons for market price fluctuations; assessment of impacts on domestic and international socio-economic situations and the price management and regulation;

b) Price management and regulation operations of the State;

c) Forecasts for the trend of fluctuations of market prices of essential goods and services;

d) Expected schemes for adjustments to prices of goods and services included in the list of goods and services priced by the State (if any); assessment of impacts of the adjustments on socio-economic situations and objectives for inflation control;

dd) Solutions and measures to manage and regulate prices.

2. The Minister of Finance of Vietnam shall stipulate price market summary, analysis, and forecast operations.

Article 37. Responsibilities of agencies and units performing market price summary, analysis, and forecast

1. The Ministry of Finance of Vietnam shall take charge and cooperate with Ministries, central authorities, and People's Committees of provinces in implementing price market summary, analysis, and forecast operations for research and counseling for the Government of Vietnam regarding solutions to price regulation according to their functions and assigned tasks.

2. Ministries and central authorities shall cooperate with the Ministry of Finance of Vietnam in implementing market price summary, analysis, and forecast operations in fields under their management according to the regulations of the Government of Vietnam.

3. People’s Committees of provinces shall implement market price summary, analysis, and forecast operations in their areas under the guidance of the Ministry of Finance of Vietnam.

Article 38. Databases on prices

1. Databases on prices include the National Database on Prices and local databases on prices.

2. The National Database on Prices, uniformly managed by the Ministry of Finance of Vietnam, is developed to serve the state management of prices, valuation, and other social needs. Information provided from the National Database on Prices is one of the sources of information serving the state management and social needs.  Organizations and individuals that wish for information from the National Database on Prices shall pay the prices for services according to the regulations of the Ministry of Finance of Vietnam.

3. People’s Committees of provinces shall, based on their actual local situations, decide on the development of local databases on prices for the local state management of prices, valuation, and connection to the National Database on Prices.

4. Ministries, ministerial agencies, People's Committees of provinces, and valuation enterprises shall update information and data on prices to the National Database on Prices. The collection, archive, handling, protection, utilization, and use of databases on prices shall be in association with the application of information technology. Organizations and individuals are encouraged to participate in the development of databases on prices.

5. The Government of Vietnam shall elaborate on the development, management, update, and utilization of databases on prices.

Article 39. Funding for market price summary, analysis, and forecast and databases on prices

1. Funding for market price summary, analysis, forecast operations, and price management and regulation is allocated in the state budget estimates of agencies and units assigned to perform the tasks.

2. Funding for investment in the development, maintenance, upgrade, management, and operation of databases on prices is covered by the state budget according to decentralization and other legal funding sources as prescribed by laws.

Agencies assigned to manage databases on prices shall prepare budget estimates for the development, maintenance, upgrade, management, and operation for presentation to competent authorities for approval according to laws on the state budget.

3. The Ministry of Finance of Vietnam shall elaborate on this Article.