Ministry of Industry and Trade disseminates Government’s Decree 60 on market development and management

Vice Chairman of the Provincial People’s Committee Dao Quang Khai chairs the conference at Bac Ninh’s venue.

Participants at Bac Ninh’s venue were Mr. Dao Quang Khai, Member of the Provincial Party Standing Committee and Vice Chairman of the Provincial People’s Committee; leaders of departments, sectors, districts, towns and cities.

At the conference, leaders of the MoIT disseminated the basic contents and outstanding new points of Decree No. 60/2024/ND-CP dated June 5, 2024.

Decree 60 includes 05 Chapters, 38 Articles and 02 Appendices and it is effective from August 1, 2024. The Decree classifies markets according to 3 methods: business, scale, and capital source.

Delegates exchanged and answered local opinions and problems regarding the Decree’s implementation.

Speaking at the conference, Deputy Minister of Industry and Trade Truong Thanh Hoai emphasized that Decree No. 60 was developed in the context of many newly promulgated legal documents such as the Investment Law 2020, the Planning Law 2017, Law on management and use of public property 2017, Public Investment Law 2019, Land Law, Bidding Law.

It is in accordance with management practices, contributing to the harmonious development of traditional and commercial infrastructure modern, and consistent with the main goals, tasks, and solutions for developing domestic trade in the Strategy “Development of domestic trade in the period to 2030, with a vision to 2045” approved by the Prime Minister.

He requested central agencies and localities to develop programs and plans to effectively implement the Decree. Units under the MoIT accompany and support localities to implement the Decree, determine and promptly resolve relevant difficulties and problems.