Law Amending the Law on Price, No. 140/2025/QH15

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ATTRIBUTE Law Amending the Law on Price

Law No. 140/2025/QH15 Amending and Supplementing a Number of the Law on Price dated December 10, 2025 of the National Assembly
Issuing body: National Assembly of the Socialist Republic of VietnamEffective date:
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Official number:140/2025/QH15Signer:Tran Thanh Man
Type:LawExpiry date:Updating
Issuing date:10/12/2025Effect status:
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Fields:Commerce - Advertising , Finance - Banking

SUMMARY

STRUCTURE OF THE REVISED LAW ON PRICE 2025

Article 1. Amendments and supplements to certain articles of the Law on Price 2023

Article 2. Implementation provisions.

SOME IMPORTANT AND NOTABLE CONTENTS OF THE REVISED LAW ON PRICE 2025

1. Amendments to authority to align with the two-tier local government

Clause 1, Article 1 of the Revised Law on Price 2025 replaces the names of agencies to comply with current regulations:

  • Replace the phrase "specialized inspection on pricing" in Article 1 and the title of Chapter VII with the phrase "price-related inspection."

  • Assign the commune-level People's Committee the responsibility to organize implementation as assigned by the provincial-level People's Committee, and the provincial-level People's Committee reports to the Government on price stabilization results, while also sending the Ministry of Finance a comprehensive report, analysis, and market price forecast.

  • Replace the phrase "Ministry of Agriculture and Rural Development" in Sections 12, 13, and 22 of Appendix 02 List of goods and services priced by the State with the phrase "Ministry of Agriculture and Environment."

  • Replace the phrase "Ministry of Labor, Invalids and Social Affairs" in Clause 12, Article 73, and in Section 25 of Appendix 02 List of goods and services priced by the State with the phrase "Ministry of Home Affairs."

  • Replace the phrase "Ministry of Information and Communications" in Sections 9 and 10 of Appendix 02 List of goods and services priced by the State with the phrase "Ministry of Science and Technology."

2. Amendments to the list of goods and services priced by the State

Clause 2, Article 1 of the Revised Law on Price 2025 amends the authority and form of pricing for various types of services in Appendix 02 of the Law on Price 2023.

3. Annulment of certain provisions

Clause 4, Article 1 of the Revised Law on Price 2025 annulles the following provisions:

  • Annul Clause 13, Article 14 regarding: "Performing the function of specialized inspection on pricing, valuation according to the provisions of the law on inspection" of the Ministry of Finance.

  • Annul the requirement that the representative of the capital-contributing organization must have a registered valuation practitioner card at the enterprise (at Point b, Clause 1, Article 49 of the Price Law 2023).

RELATED DOCUMENTS TO THE REVISED LAW ON PRICE 2025

The Price Law 2025 partially amends the Price Law No. 16/2023/QH15 from January 1, 2026, except for:

  • Provisions on pricing of aviation services effective from July 1, 2026.

  • Provisions on pricing of non-judicial appraisal effective from May 1, 2026.

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THE NATIONAL ASSEMBLY
___________

Law No. 140/2025/QH15

THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness

______________________

LAW

AMENDING AND SUPPLEMENTING A NUMBER OF ARTICLES OF THE LAW ON PRICE

 

Pursuant to the Constitution of the Socialist Republic of Vietnam, which had a number of articles amended and supplemented under Resolution No. 203/2025/QH15;

The National Assembly promulgates the Law Amending and Supplementing a Number of the Law on Price No. 16/2023/QH15, which had a number of articles amended and supplemented under Law No. 44/2024/QH15, Law No. 61/2024/QH14 and Law No. 95/2024/QH14.

 

Article 1. Amending and supplementing a number of articles of the Law on Price

1. To replace a number of phrases as follows:

a) To replace the phrase “specialized inspection of prices” in Article 1 and the title of Chapter VII with the phrase “price-related inspection”;

b) To replace the phrase “district-level People’s Committees” at Point b, Clause 2, Article 20 with the phrase “commune-level People’s Committees”;

c) To replace the phrase “the Ministry of Transport” in Sections 4, 5, 6 and 7 of Appendix No. 02 - List of goods and services to be priced by the State, with the phrase “the Ministry of Construction”;

d) To replace the phrase “the Ministry of Agriculture and Rural Development” in Sections 12, 13 and 22 of Appendix No. 02 - List of goods and services to be priced by the State, with the phrase “the Ministry of Agriculture and Environment”;

dd) To replace the phrase “the Ministry of Labor, Invalids and Social Affairs” in Clause 12, Article 73 and Section 25 of Appendix No. 02 - List of goods and services to be priced by the State, with the phrase “the Ministry of Home Affairs”;

e) To replace the phrase “the Ministry of Information and Communications” in Sections 9, and 10 of Appendix No. 02 - List of goods and services to be priced by the State, with the phrase “the Ministry of Science and Technology”.

2. To amend Clause 1, Article 70 as follows:

“1. Price-related inspections shall comply with the law on inspection.”.

3. To amend and supplement a number of sections in Appendix No. 02 - List of goods and services to be priced by the State, as follows:

a) To amend and supplement Sections 7, 8, 14, 16, 17, 19, 20, 21, 26, 27, 37 and 42 as follows:

7.

Regular domestic air passenger transportation service - basic economy class

The Ministry of Construction sets the maximum price

Official VIP flight and VIP cabin service (with the cost for reserve aircraft taken into account) invested with state budget funds

- The Ministry of Finance sets the maximum price

- The Ministry of Construction sets specific prices

Aircraft parking space rental service; passenger check-in counter rental service; luggage conveyor rental service; passenger boarding bridge rental service; full-package commercial ground technical service at airports; automatic luggage sorting service; aviation fuel filling service; service of using underground fuel filling system infrastructure to supply fuel at airports; franchising of the right to operate services at airports, including franchising of passenger terminals; cargo terminals and warehouses; ground commercial technical service; repair and maintenance of aviation vehicles and equipment; provision of in-flight meals; provision of aviation fuel; maintenance of aircraft, aircraft engines, aircraft propellers, and aircraft equipment in Vietnam

The Ministry of Construction sets the price bracket

Aircraft takeoff and landing service; administration service for arrival and departure flights; administration service for flights through flight information regions managed by Vietnam; passenger services at airports

The Ministry of Construction sets specific prices

 

8.

Inspection services and exemption from first-time inspection for motor vehicles and specialized motorcycles

The Ministry of Construction sets the maximum price

Technical inspection service for machinery, equipment, supplies and substances subject to strict occupational safety requirements

Ministries and sectors, within the scope of management of their respective sectors and fields as prescribed by the law on occupational safety and hygiene, set the price bracket

Service of technical safety inspection of electrical equipment and tools

The Ministry of Industry and Trade sets the price bracket

 

14.

Services in the field of securities of the Vietnam Exchange and its subsidiaries and the Vietnam Securities Depository and Clearing Corporation and subsidiaries

The Ministry of Finance sets the price bracket, maximum price, or specific prices (depending on each service)

 

16.

National reserve goods (except for national reserve goods in the field of national defense and security) in case of procurement by designated contractor appointment, direct procurement broadly from all entities, direct sale broadly to all entities, or designated sale

- The Ministry of Finance sets the maximum buying price and minimum selling price for the purchase and sale of national reserve goods by ministries and sectors

- Ministries and sectors managing national reserve goods set specific prices based on the maximum buying price and minimum selling price set by the Ministry of Finance

National reserve goods in the field of national defense and security implemented through designated sale

The Ministry of National Defence and Ministry of Public Security set specific prices for sale of national reserve goods in the field of national defense and security under the Law on the National Reserve

 

17.

Public products and services (public non-business services and public-utility products and services) on the list promulgated by competent authorities (excluding public non-business services for the management and maintenance of railway infrastructure), invested with state budget funds’ recurrent expenditure and under the ordering competence of central agencies and organizations

- The Ministry of Finance sets the maximum price

- Central agencies and organizations set specific prices

Public products and services (public non-business services and public-utility products and services) on the list promulgated by competent authorities, invested with state budget funds’ recurrent expenditure and under the ordering competence of local agencies and organizations

Provincial-level People’s Committees set specific prices

Services in the fields of education and training and vocational education implemented under the ordering mechanism

Specified by the law on education and the law on higher education, and vocational education

 

19.

Medical quarantine and preventive medicine services at public medical establishments (excluding public services not using the state budget and services provided upon request)

- The Ministry of Health sets specific prices or decentralizes the prescription of specific prices applicable to units under the Ministry of Health, ministries, ministerial-level agencies, and central organizations (excluding the Ministry of National Defence and the Ministry of Public Security)

- The Ministry of National Defence and the Ministry of Public Security set specific prices or decentralize the prescription of specific prices applicable to units under their management

- Provincial-level People’s Committees set specific prices or decentralizes the prescription of specific prices applicable to units within localities (excluding units under the competence of the Ministry of Health, Ministry of National Defence, Ministry of Public Security)

Drug substitution therapy services for addiction treatment at public non-business units (excluding public services not using the state budget and services provided upon request).

 

20.

Whole blood and blood products up to standards

- The Ministry of Health sets specific prices or decentralizes the prescription of specific prices applicable to units under the Ministry of Health, ministries, ministerial-level agencies, and central organizations (excluding the Ministry of National Defence and the Ministry of Public Security)

- The Ministry of National Defence and the Ministry of Public Security set specific prices or decentralize the prescription of specific prices applicable to units under their management

- Provincial-level People’s Committees set specific prices or decentralizes the prescription of specific prices applicable to units within localities (excluding units under the competence of the Ministry of Health, Ministry of National Defence, Ministry of Public Security)

 

21.

Testing services for drug specimens and medicinal ingredients at public non-business units (excluding public services not using the state budget and services provided upon request).

- The Ministry of Health sets specific prices or decentralizes the prescription of specific prices applicable to units under the Ministry of Health, ministries, ministerial-level agencies, and central organizations (excluding the Ministry of National Defence and the Ministry of Public Security)

- The Ministry of National Defence and the Ministry of Public Security set specific prices or decentralize the prescription of specific prices applicable to units under their management

- Provincial-level People’s Committees set specific prices or decentralizes the prescription of specific prices applicable to units within localities (excluding units under the competence of the Ministry of Health, Ministry of National Defence, Ministry of Public Security)

 

26.

Official-duty houses, social houses classified as public assets

Specified by the housing law

Operation management services for condominiums classified as public assets

Housing and other services to be priced by the State under the housing law

 

27.

Goods and services provided for the performance of national defense tasks by national defense units and enterprises or core defense industrial establishments or mobilized establishments or defense industrial mobilization establishments or defense industrial complexes in accordance with the Law on Defence, Security and Industrial Mobilization (excluding the list of goods and services implemented through ordering promulgated by the Prime Minister in accordance with the bidding law), that have placed orders for such goods and services

The Ministry of National Defence sets specific prices according to their competence

Goods and services serving security missions implemented through ordering or assignment to units and enterprises under the Ministry of Public Security or the system of security industrial establishments or national security industrial complexes in accordance with the Law on Defense, Security and Industrial Mobilization

The Ministry of Public Security sets specific prices according to their competence

 

37.

Services of household solid waste collection, transportation and treatment and public sanitation services

- Provincial-level People’s Committees set the maximum price applicable to project owners, facilities providing household solid waste collection, transportation, and treatment services and public sanitation services (except for cases implemented in accordance with the bidding law);

- Provincial-level People’s Committees set specific prices or decentralize to the commune-level People’s Committees the prescription of specific prices based on actual local conditions applicable to agencies, organizations, production, business and service establishments, concentrated production, business and service zones, industrial clusters, households, and individuals using household solid waste collection, transportation, and treatment services

 

42.

Service of using goods-selling spaces at markets invested with state funds

Provincial-level People’s Committees set specific prices or decentralize to commune-level People’s Committees the prescription of specific prices based on actual local conditions (except for cases implemented in accordance with the law on auction).

b) To add Sections 43 and 44 after Section 42 as follows:

43.

Services for the use of infrastructure in industrial parks, economic zones, concentrated digital technology zones, high-tech parks, and industrial clusters invested with state budget capital

Provincial-level People’s Committees set specific prices

 

44.

Non-judicial assessment services in the fields of forensic medicine, forensic psychiatry, and criminalistics performed by public judicial assessment institutions that are public non-business units, and judicial assessment offices in accordance with the Law on Judicial Expertise

Ministries and sectors exercising specialized management in the field of judicial assessment set maximum prices

4. To annul:

a) To annul Clause 13, Article 14;

b) To remove the phrase “the proxy representatives of these institutions must be valuer card holders registering for valuation practice at the enterprise;” at Point b, Clause 1, Article 49.

Article 2. Effect

1. This Law takes effect on January 01, 2026, except as provided in Clauses 2 and 3 of this Article.

2. Provisions provided in Section 7, Point a, Clause 3, Article 1 of this Law take effect from July 01, 2026.

3. Provisions provided in Section 44, Point b, Clause 3, Article 1 of this Law take effect from May 01, 2026.

This Law was passed on December 10, 2025, by the XVth National Assembly of the Socialist Republic of Vietnam at its 10th session.

 

 

CHAIRMAN OF THE NATIONAL ASSEMBLY

 

Tran Thanh Man

 

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