The law has amended and supplemented point a, clause 2, Article 31 of the current law as follows: It requires those obligated to declare assets and income to provide and supplement relevant information and explanations when there are changes in assets and income during the year with a value of 1 billion VND or more, or to serve the verification of assets and income.

The regulations should include provisions requiring the declaration and explanation of the origin of assets and increased income as one of the criteria for evaluating and ranking the performance of officials, civil servants, and public employees.
Notably, the Law amending and supplementing Article 35 on assets and income subject to declaration of the current Law stipulates that assets and income subject to declaration include: Land use rights, houses, construction works and other assets attached to land, houses, and construction works; Precious metals, precious stones, money, valuable papers and other assets where each type of asset has a value of VND 150 million or more; Assets and accounts abroad; Total income between two declarations.
The Government shall specify in detail the assets and income that must be declared, the declaration form, and the procedures for declaring assets and income as stipulated in this Article.

The law stipulates that the asset and income control agency monitors changes in the assets and income of those obligated to declare them through analysis and evaluation of information from the declarations or from other sources.

If a change in assets or income of 1 billion VND or more is detected during the year and the person obligated to declare it fails to do so, the asset and income control agency will request that person to provide or supplement relevant information; if the assets or income increase, an explanation of the source of the increased assets or income must be provided.
The law will come into effect on July 1, 2026.
Source: https://daibieunhandan.vn/quoc-hoi-thong-qua-luat-sua-doi-bo-sung-mot-so-dieu-cua-luat-phong-chong-tham-nhung-10399961.html










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