Types of assets to be declared of people with positions and powers from July 2026

Legal Consulting Office of Lao Dong Newspaper answers:

Clause 1, Article 9 of Decree 164/2026/ND-CP Regulating the control of assets and income of people with positions and powers in agencies, organizations, and units (effective from July 1, 2026), stipulates the assets and income to be declared, declaration forms and the implementation of asset and income declaration as follows:

1. Assets and incomes that must be declared are the assets of the person who is obliged to declare, spouse and minor children of the person who is obliged to declare, including:

a) Land use rights;

b) Housing, construction works;

c) Other assets attached to land;

d) Gold, diamonds, platinum and other precious metals and gemstones of a total value of 150 million VND or more each type;

d) Money (Vietnamese currency, foreign currency) including cash, lending money, prepayment money, personal deposits, domestic organizations, foreign organizations in Vietnam with a total converted value of 150 million VND or more;

e) Stocks, bonds, contributed capital, other valuable papers with a total value of 150 million VND or more;

g) Digital assets, other assets that each type is worth 150 million VND or more;

h) Debts worth 150 million VND or more;

i) Assets abroad;

k) Accounts abroad;

l) Total income between two declarations.

Thus, from July 1, 2026, people with positions and powers in agencies and units must declare types of assets according to the above regulations.