Decree No. 09/2012/L-CTN on the promulgation of the Price Law

Decree No. 09/2012/L-CTN promulgates the Price Law, stipulating the determination and management of prices for goods and services in a market economy.

Số hiệu09/2012/L-CTN
Loại văn bảnOrder
Cơ quan ban hànhOffice of the President
Người kýTrương Tấn Sang — Chủ tịch nước
Cập nhật25/06/2026
Lĩnh vựcUncategorized
Ngày ban hành02/07/2012
Ngày áp dụng02/07/2012
Ngày hết hiệu lực
Tình trạngIn effect
✦ Tóm lược thông minh

Decree No. 09/2012/L-CTN promulgates the Price Law, stipulating the determination and management of prices for goods and services in a market economy.

Các điểm cốt lõi

  • The Price Law applies to organizations and individuals engaged in production, business of goods, and provision of services within the territory of Vietnam.
  • subject to regulation including both state and free market mechanisms in price determination.

🌐 Tác động xã hội từ văn bản này

  • Positive impact: Creates a legal basis for price management, protects consumer rights, and promotes fair competition in the market.
  • Negative impact: May cause difficulties in price adjustment processes for small and medium-sized enterprises.

❓ Câu hỏi thường gặp

Who does the Price Law apply to?

The Price Law applies to all organizations and individuals engaged in production, business of goods, and provision of services within the territory of Vietnam.

How many price levels are specified in the Law?

The Law does not specify the number or levels of prices. Instead, it establishes principles and procedures for managing prices according to each type of goods and service.

What is the publication period for the Price Law?

The decree promulgating the Price Law was issued on July 2, 2012.

When does the Price Law come into effect?

The effectiveness of the Price Law begins from the date when the National Assembly passes it, specifically June 20, 2012.

How many agencies implement price management under the Law?

The Law does not specify the number of price management agencies. However, competent state agencies such as the Ministry of Industry and Trade and related units will be responsible.

Toàn văn

PRESIDENT OF THE STATE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
Number: 09/2012/L-CTN Hanoi, July 2, 2012

ORDER

Regarding the promulgation of the Law

CHAIRMAN

 SOCIALIST REPUBLIC OF VIET NAM

Independence - Freedom - Happiness

Pursuant to Article 91 of the Law on the Organization of the National Assembly;

On the basis of Article 103 and Article 106 of the Constitution of the Socialist Republic of Vietnam in 1992, amended and supplemented by Resolution No. 51/2001/QH10 dated December 25, 2001 of the Tenth Session of the Xth National Assembly;

NOW PROMULGATE

Law on Prices

Pursuant to Article 57 of the Law on Legislative Documents;

CHAIRMAN
SOCIALIST REPUBLIC OF VIET NAM
Truong Tan Sang

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