MINISTRY OF FINANCE
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SOCIALIST
REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
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No.: 1079/QD-BTC
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Hanoi, 20 May 2014
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GOVERNMENT DECISION
ON INTRODUCING MEASURES TO STABILIZE PRICE OF DAIRY
PRODUCTS FOR INFANTS UNDER THE AGE OF 6
MINISTER OF FINANCE
Pursuant to the Law on Price No. 11/2012/QH13 dated 20 June
2012;
Pursuant to Decree No. 177/2013/ND-CP dated 14 November 2013 promulgated by the Government on
detailing and guiding the implementation of several articles in the Law on
Price;
Pursuant to Decree No. 215/2013/ND-CP dated 23 December 2013 promulgated by the Government on
regulating rights, functions, responsibilities and organization structure of
the Ministry of Finance;
Complying with Decree No. 29/NQ-CP dated 02 May 2014
promulgated by the Government’s regular session in April 2014;
After considering the suggestion made by the Ministry of
Justice in Official Dispatch No. 2270/BTP-PLDSKT dated 12 May 2014, and by the
Ministry of Industry and Trade in Official Dispatch No. 300/BCT-TTTN
dated 12 May 2014;
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HEREBY DECIDES:
Article 1. Implementing
the stability of price of dairy products for infants under the age of 6
(hereinafter collectively referred to as dairy product) by taking following
measures:
1. Managing the maximum price as regulated at Point 7,
Article 17 of the Law on Price for dairy product within the period of 12 months
as of this Decision’s effective date.
2. Implementing measures to apply for the price
registration as mentioned at Point 4, Article 17 of the Law on Price for dairy
product within the period of 6 months as of this Decision’s effective date.
Article 2. The
maximum price of dairy product regulated as follows:
1. Maximum wholesaling price:
a) Issuance of maximum wholesaling price for 25 dairy
products as listed in Appendix attached in this Decision.
b) Based on the maximum price of 25 dairy products
regulated at Point a of this Clause, those organizations and individuals
manufacturing and trading dairy product (hereinafter referred to as
organization and individual) shall assume their liability to determine the
maximum price in accordance with following instructions:
- With respect to other dairy products being currently sold
on market, organization and individual shall have to refer to the regulation on
general pricing method applied for commodity and services issued by the
Ministry of Finance, and compare the price of such dairy products with that of
those dairy products that have been already publicly fixed with the maximum
price in order to define their own maximum price, for submission to the
competent price management authorities.
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2. Maximum retailing price:
a) Maximum retailing price shall be defined by the maximum
wholesaling price plus other relevant costs, as instructed by competent price
management authorities, which do not exceed 15% of maximum wholesaling
price.
b) Retailing organization and individual are subject to
price registration as regulated in Decree No. 177/2013/ND-CP dated 14 November 2013 ruled by the Government on
detailing and guiding the implementation of several articles of the Law on
Price, based on the provisions at Point a of this Clause and guidelines of
competent price management authorities, in order to define their maximum
retailing price for submission to these competent price management authorities.
3. In the process of implementing the regulation on maximum
price of dairy product (including the maximum price specified at Point a,
Clause 1 of this Article), should there be any factors resulting in any
changes, the price management authorities shall consider any possible adjustments
based on market situation, price forming mechanism and actual costs of
production and business declared by organization and individual.
In the event that any opinions pertaining to the matter are
raised by organization and individual, the price management authorities shall
consider and deal with them within 5 working days on receipt of adequate
information..
Article 3. Implementation
1. Responsibilities held by those organization and
individual manufacturing and trading dairy products:
a) Based on the guidance at Point b, Clause 1 and 2,
Article 2 of this Decision, determining their maximum wholesaling and retailing
price for submission to the competent price management authorities as a basis
for implementing the regulation on price registration;
b) Based on the maximum price, submitting the price that
has been legally calculated to seek for approval from the competent price
management authorities, registering their selling price as regulated in Decree
No. 177/2013/ND-CP dated 14
November 2013 promulgated by the Government on detailing and instructing the
implementation of several provisions of the Law on Price and guiding document
from the Ministry of Finance;
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2. Responsibilities held by price management authorities:
a) The price management authorities of the Ministry of
Finance shall assume their responsibilities for:
- Instructing the implementation of this Decision;
- Receiving the suggestion for maximum price and price
registration files to check the maximum cost of price formation to control the
price registration as stipulated by law, which is applied for organizations and
individuals subject to their price registration at the Ministry of Finance;
- Publicizing the maximum price of dairy products from
those organization and individual subject to their price registration at the
Ministry of Finance;
- Arranging and implementing cooperation with competent
authorities of Ministries, sectors and localities to examine the implementation
of maximum price and price registration for dairy products;
- Within the settlement authority or requesting the
competent authorities to deal with the issues arising or promptly proposing
proper adjustments to keep up with current market developments during the time
of applying price stability methods.
b) People’s Committee in provinces and centrally-affiliated
cities shall assume responsibilities for:
- Accelerating the implementation of price stability
methods in accordance with guidance from the Ministry of Finance; Giving
guidance on other relevant costs within the scope of maximum price as
stipulated at Point a, Clause 2, Article 2 of this Decision;
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- Publicizing the maximum price of dairy products from
those organization and individual subject to their price registration in the
areas under the authority;
- Monthly reporting the outcome of price stability methods
and otherwise being requested to the Ministry of Finance;
- Directing market management authorities and other
competent teams of inspectors, controllers and investigators under their management
to assume the inspecting, controlling and investigating responsibilities for
implementing the price stability as stipulated in this Decision; Dealing with
any violations within their legal authority or requesting the settlement from
the competent authorities.
3. Requesting the relevant Ministries and sectors to direct
and instruct the relevant authorities to associate with the price management
authorities at all levels to carry out this Decision.
4. Requesting the Central Committee of Vietnam Fatherland
Front and its other subsidiary organizations and Vietnam Consumer Protection
Association within their legal authority and responsibilities to coordinate the
implementation of this Decision, and make a timely report to the Ministry of
Finance for settlement.
Article 4. Effect
and implementation responsibility:
1. This Decision is coming into force from 01 June 2014;
the wholesaling and retailing price shall be governed no later than 10 days and
20 days respectively from the effective date of this Decision.
2. Head of General Department of Taxation, Head of General
Department of Customs, Head of Department of Corporate Finance and other heads
of relevant units under the management of the Ministry of Finance, and relevant
enterprises, organization and individual shall determine their specific duties
and responsibilities for implementing this Decision.
During this implementation, should there be any
difficulties and embarrassments, the Ministry of Finance must be informed to
deal with them in a timely manner./.
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PP. MINSTER
DEPUTY MINISTER
Tran Van Hieu
LIST OF MAXIMUM PRICE APPLIED FOR 25 DAIRY
PRODUCTS FOR INFANTS UNDER THE AGE OF 6
(Promulgated together with Decision No.1079/QD-BTC dated 20 May 2014 by the Minister of
Finance)
In unit: Vietnam dong/can (pack)
No.
Brand Name
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Maximum wholesaling price with value-added tax
(VAT) included
1
Dielac
Alpha 123 Tin Can 900g
Can (pack)
167.000
2
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Can (pack)
188.000
3
Dielac Alpha
123 Carton Pack 400g
Can (pack)
72.000
4
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Can (pack)
278.000
5
Dielac
Alpha Step 1 Tin Can 900g
Can (pack)
180.000
6
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Can (pack)
196.000
7
IMP
FRISOLAC GOLD 1 900g
Can (pack)
406.000
8
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Can (pack)
400.000
9
IMP FRISO
GOLD 3 900g
Can (pack)
365.000
10
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Can (pack)
550.000
11
NAN Pro 3
LEB047 Tin 900g VN
Can (pack)
334.000
12
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Can (pack)
328.000
13
NAN 1 BL
NWB019-4-S 800g VN
Can (pack)
323.000
14
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Can (pack)
226.000
15
NAN 2
BLInfMPwdr LEB011A-2 400g N5 VN
Can (pack)
183.000
16
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Can (pack)
563.000
17
Enfagrow
A+ 3 vanilla 900g
Can (pack)
309.000
18
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Can (pack)
363.000
19
Enfamil
A+ 1 900g
Can (pack)
381.000
20
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Can (pack)
187.000
21
Abbott
Grow 3 900g
Can (pack)
258.000
22
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ĐT: (028) 3930 3279 DĐ: 0906 22 99 66
Can (pack)
360.000
23
Similac
GainPlus IQ 900g (fortified with Intelli-Pro)
Can (pack)
405.000
24
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Can (pack)
692.000
25
Grow G-Power
vanilla 1,7kg
Can (pack)
610.000
Note:
Information about quality of diary products is correct with the circulating
registration and price declaration made with competent authorities.
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