Asset declarations required for officials as values rise beyond $40,000 - News Summed Up

Asset declarations required for officials as values rise beyond $40,000


Among the legislative changes were revisions to the Law on Anti-Corruption, the Law on Reception of Citizens, the Law on Complaints, and the Law on Denunciations. Deputy Government Inspector General Le Tien Dat stated that the amended Anti-Corruption Law introduces updated evaluation criteria for anti-corruption efforts. More significantly, they must submit supplemental declarations if total asset or income changes exceed 1 billion VND in a year. The law also expands the scope of individuals subject to asset and income declarations, particularly within state-owned enterprises (SOEs). The government has been tasked with issuing detailed regulations specifying the scenarios in which SOE personnel must submit asset declarations.


Source: VietNamNet News January 11, 2026 22:12 UTC



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