Circular No. 02/2020/TT-BKHĐT on the classification of institutional sectors for application in Vietnam's statistics

Circular No. 02/2020/TT-BKHĐT stipulates the classification of institutional sectors for application in Vietnam's statistics. This Circular applies to agencies, organizations, and individuals providing, producing, and using statistical information on institutional sectors. Institutional sectors include non-financial, financial, government, household, non-profit serving households, and not permanently resident.

문서 번호02/2020/TT-BKHĐT
문서 유형Circular
발행 기관Ministry of Finance
서명자Nguyễn Chí Dũng — Bộ trưởng
업데이트23. 06. 2026
분야Uncategorized
발행일23. 03. 2020
발효일10. 05. 2020
효력 만료일
상태In effect
✦ 스마트 요약

Circular No. 02/2020/TT-BKHĐT stipulates the classification of institutional sectors for application in Vietnam's statistics. This Circular applies to agencies, organizations, and individuals providing, producing, and using statistical information on institutional sectors. Institutional sectors include non-financial, financial, government, household, non-profit serving households, and not permanently resident.

적용 범위

Agencies, organizations, and individuals providing, producing, and using statistical information on institutional sectors for application in Vietnam's statistics.

핵심 사항

  • An institutional unit is an economic entity with ownership rights over goods or assets, the ability to incur liabilities, and participation in economic activities. There are six institutional sectors: non-financial, financial, government, household, non-profit serving households, and not permanently resident.
  • The division of institutional sectors ensures comprehensive coverage of all institutional units, feasibility in data collection processes, avoidance of duplication, and alignment with international statistical practices.
  • The Ministry of Planning and Investment leads and coordinates with relevant agencies to collect and compile statistical information on institutional sectors. Relevant entities must uniformly apply the scope related to institutional sectors as prescribed.
  • This Circular takes effect from May 10, 2020.
  • The classification of institutional sectors for application in Vietnam's statistics is based on principles ensuring comprehensiveness, feasibility, avoidance of duplication, and alignment with international statistical practices.

🌐 이 문서의 사회적 영향

  • Positive impact: Provides a legal basis for the accurate collection, classification, and use of statistical information on institutional sectors.
  • Negative impact: May increase the burden of management and provision of statistical information for organizations and individuals.

❓ 자주 묻는 질문

How many institutional sectors are specified in this Circular?

This Circular specifies six institutional sectors: non-financial, financial, government, household, non-profit serving households, and not permanently resident.

What is an institutional unit?

An institutional unit is an economic entity with ownership rights over goods or assets, the ability to incur liabilities, and participation in economic activities. It has attributes such as ownership of goods, making economic decisions, and bearing legal responsibility for economic activities.

What role does the Ministry of Planning and Investment play in implementing this Circular?

The Ministry of Planning and Investment leads and coordinates with relevant agencies to collect and compile statistical information on institutional sectors. It also guides relevant entities to implement the classification of institutional sectors as prescribed.

When does this Circular take effect?

This Circular takes effect from May 10, 2020.

What must agencies and organizations do according to this Circular?

Agencies and organizations must provide, produce, and use statistical information on institutional sectors for application in Vietnam's statistics as prescribed by this Circular.

전문

MINISTRY OF PLANNING AND INVESTMENT

SOCIALIST REPUBLIC OF VIET NAM
Independence – Freedom – Happiness

Number: 02/2020/TT-BKHĐT
Hanoi, March 23, 2020

CIRCULAR

Regulations on the classification of institutional sectors to be applied in Vietnam's statistics

Pursuant to the Law on Statistics No. 89/2015/QH13 dated November 23, 2015;

Pursuant to Decree No.Decision No. 94/2016/NĐ-CP July 1, 2016 Government Decree detailing and guiding the implementation of certain provisions of the Statistics Law;"b) In addition to the lists of public services issued according to the provisions of Clause 2, Article 4 of this Decree, specialized agencies under provincial People's Committees shall report to the provincial People's Committee for decision-making on amending, supplementing, or issuing the list of public services funded by the state budget within their jurisdiction and consistent with the local budget capacity within the approved budget by the Provincial People's Assembly, and send it to the Ministry of Finance and relevant ministries and sectors for supervision during implementation." July 25, 2017 Government Decree on the functions, tasks, powers, and organizational structure of the Ministry of Planning and Investment;iThe Minister of Planning and Investment issues this Circular on the classification of institutional sectors to be applied in Vietnam's statistics.

Pursuant to Decree No.Decision No. 86/2017/NĐ-CP1. This Circular stipulates the classification of institutional sectors to be applied in Vietnam's statistics, including:of the Government stipulating functions, tasks, powers, and organizational structure of the Ministry of Home Affairsa) The list of classifications of institutional sectors to be applied in Vietnam's statistics as specified in Appendix I attached hereto;

At the proposal of the General Statistics Office Director;

b) The content of the classification of institutional sectors to be applied in Vietnam's statistics as specified in Appendix II attached hereto.

Article 1. Scope of Regulation and Applicability

2. This Circular applies to agencies, organizations, and individuals providing, producing, and using statistical information on institutional sectors to be applied in Vietnam's statistics.

1. An institutional sector entity (referred to as an institutional sector entity) is an economic entity with ownership rights over goods or assets, capable of incurring liabilities, and participating in economic activities and transactions with other economic entities. An institutional sector entity typically has the following main attributes: (i) ownership rights over goods or assets that can be exchanged through transactions with other institutional sector entities; (ii) the ability to make economic decisions, participate in economic activities, and bear legal responsibility for such activities; (iii) the capacity to incur liabilities, fulfill obligations, and enter into economic contracts; (iv) a complete accounting system or the ability to establish accounting records if required.

2. An institutional sector (institutional sector) is a collection of institutional sector entities with similar functions, business purposes, structural characteristics, economic roles, and operational methods.

3. Six institutional sectors of Vietnam: 

Article 2. Interpretation of Terms

- Non-financial institutional sector;

- Financial institutional sector;

- General government institutional sector;
- Household institutional sector;
- Non-profit serving households institutional sector;
- Extra-territorial institutional sector.
Article 3. Principles for establishing institutional sectors in Vietnam
- Ensuring comprehensive coverage of all institutional sector entities in Vietnam;
- Ensuring feasibility in the process of collecting and calculating statistical indicators;

- Avoiding duplication: each institutional sector entity shall only be classified into one institutional sector; - Aligning with statistical practice and ensuring international comparability;

- Flexibility and consistency in classifying institutional sector entities.
1. The Ministry of Planning and Investment (General Statistics Office) shall take the lead and coordinate with relevant agencies:
a) Collecting and compiling statistical information related to institutional sectors in Vietnam to ensure the provision of statistical data in accordance with this Circular;
b) Guiding relevant units to implement the classification of institutional sectors in Vietnam as prescribed;

Article 4. Organization of Implementation

c) Applying information technology in statistical activities using the classification of institutional sectors to be applied in Vietnam's statistics.

2. Ministries, ministerial-level agencies, governmental agencies, Supreme People's Court, Supreme People's Procuracy, and relevant agencies shall produce, provide, and uniformly use statistical information on institutional sectors according to the provisions of this Circular.

1. This Circular takes effect from May 10, 2020.

2. During implementation, if there are any difficulties, agencies and units are requested to send their opinions to the Ministry of Planning and Investment (General Statistics Office) for research, amendment, and supplementation./.

2. The ministries, ministerial-level agencies, agencies under the Government, the Supreme People's Court, the Supreme People's Procuracy, and related agencies shall base their actions on the classification of the institutional sectors of Vietnam production, provide information, and uniformly apply the scope relevant to the statistical institutional sectors as prescribed in this Circular.

Article 5. Effective Date

1. This Circular takes effect from May 10, 2020.

2. During implementation, if there are any difficulties, the agencies and units are requested to send their comments to the Ministry of Planning and Investment (General Statistics Office) for research and amendment./.

THE MINISTER
(Signed)
Nguyen Chi Dung

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