Khanh Hoa Provincial People's Committee issues new regulations on market management

Khanh Hoa Provincial People's Committee has just issued regulations on some market management contents in the province. Regarding this issue, Mr. Huynh Tan Hai - Head of Trade Management - Import-Export, Department of Industry and Trade said:

- The Decision takes effect from June 1 and replaces Decision No. 15/2004 of the Provincial People's Committee promulgating Regulations on market development and management in the province. According to the new regulations, class 1 markets are under the management authority of the Provincial People's Committee. The Provincial People's Committee issues a decision to assign or organize an auction to select an organization to manage, use and exploit infrastructure assets of class 1 markets invested in or supported by the State for construction investment capital according to regulations; consider and approve plans to arrange and organize business lines and use business locations at class 1 markets. For class 2 and 3 markets, the management authority belongs to the District People's Committee.

Mr. Huynh Tan Hai.

- How is the management of business locations at the market carried out, sir?

- According to regulations, business locations in the market are leased by the market management organization to traders for business purposes, in the following cases: In case the trader has a contract to contribute capital in advance to invest in building the market or pay a one-time fee for use within a certain period of time, after the market is completed, it will be arranged and put into business according to the approved arrangement and arrangement plan for a limited period of time without having to auction the right to lease the business location. The trader must sign a contract to lease the business location with the market management organization, the contract must clearly state the amount of capital contribution or lease of the business location. After the agreed period expires, if the trader continues to have a business need, he/she must apply to sign a new contract with the market management organization and exercise his/her rights and obligations according to regulations.

In case the trader is not subject to the above regulations, after arranging and placing the trader in the market to do business according to the regulations but there are still excess business points, all organizations and individuals who need to do business at the market must contact and negotiate with the market management organization to rent the business point. The term of use and rental of the business point at the market shall not exceed the operating term of the project and shall be stated in the contract between the market management organization and the trader doing business at the market.

Business activities at Xom Moi market.

- Could you please tell us specifically about the regulations on auctioning business locations at the market?

- For newly built markets, the organization of auctions of business locations at markets invested by the State or supported by capital for construction investment must strictly comply with the provisions of the Law on Management and Use of Public Assets 2017 and other relevant legal documents. For markets undergoing major repairs, renovations, upgrades, and reconstruction previously invested by the State or supported by capital for construction investment , the following regulations apply: In cases where the contract has not yet expired, after the major repairs, renovations, upgrades, and construction are completed, the market management board or the enterprise or cooperative managing the market shall arrange for traders to continue doing business until the contract expires according to the product line position approved by the competent authority; the arrangement shall be by drawing lots for selection. In case of contract expiration, 6 months before, the market management board or the enterprise or cooperative doing business in exploiting and managing the market (in case the market is invested or supported by the State for investment capital) is responsible for developing an auction plan and submitting it to the competent authority for approval and organizing the auction in accordance with regulations. The time for signing the contract for traders to rent business locations is specifically regulated by the market management board, enterprise or cooperative doing business, exploiting and managing the market, but the one-time lease cannot exceed 10 years. After arranging all traders who have been doing business at the old market and want to continue doing business at the new business location, if there are still business locations left, the auction will continue, the order and principles of the auction will be the same as for the new market.

Thank you!

CV (Implementation)

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