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Strengthening management and use of public assets

By Hoai Anh/Ngoc Loan

By Hoai Anh/Ngoc Loan

See the author's posts
13:57 | 22/02/2023 Finance Follow english.haiquanonline.com.vn on
VCN – The Ministry of Finance (MoF) has requested ministries, sectors and localities to focus on inspecting the use of public assets such as housing and land for business, leasing, joint-venture and cooperation purposes.
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Strengthening management and use of public assets
MoF requests to strengthen the management and use of public assets at agencies and units. Photo: Internet.

According to the provisions of the Law on Management and Use of Public Assets in 2017, Decree No. 151/2017/ND-CP of the Government stipulating several articles of the Law, the State agencies are allowed to use public assets to perform tasks and are not allowed to use these assets for business, leasing, joint-venture and cooperation purposes.

Social organizations, socio-professional organizations, and organizations established under the Law are allowed to use public assets for business, leasing, joint-venture and cooperation purposes if they meet regulations of the Law on Management and Use of Public Assets.

To effectively control this work, the MoF asks ministers, heads of central agencies, People's Committees of provinces and centrally run cities to strictly comply with provisions of the Law on Management and Use of Public Assets, the Government Decree No.151/2017/ND-CP dated December 26 and relevant legal documents, especially the use of the public assets for business, leasing, joint-venture and cooperation purposes.

MoF also requests law enforcement agencies to inspect the use of the assets at public service delivery units and organizations under their management, focusing on checking the use of public assets such as houses and land for business, leasing, joint-venture and cooperation purposes. In addition, the ministry requires units to handle violations strictly.

In addition, ministries, sectors and localities should coordinate with agencies and delegations of the National Assembly, People's Councils of provinces and centrally run cities, Vietnam Fatherland Front and political and social organizations to supervise the use and management of public assets, including the use at public service delivery units and organizations.

By Hoai Anh/Ngoc Loan
Tags:
public assets management Ministry of Finance

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