The Government has recently issued Decree No. 130/2020/ND-CP on monitoring the properties and income of people in managerial positions in state agencies, organizations and units. 

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The decree consists of eight chapters and 25 articles, with Article 20 stipulating that those obliged to declare assets and income will be handled pursuant to Article 51 of the Anti-Corruption Law, depending on the nature and severity of the case, if they make dishonest declaration and explanation of their additional assets and income.

In addition, if persons obliged to declare assets disperse and hide assets and income, as well as hindering the asset and income monitoring work and not submitting the declaration after being urged twice in written form, they will possibly be handled in one of the following forms: warning; lowering salary scale, demotion, dismissal, forced resignation, or reduction in rank, depending on the nature and severity of violations.

According to Article 21, the heads of state agencies, organizations and units will be punished in the forms of reprimand, warning and demotion if they show irresponsibilities in organizing the declaration as well as publicizing and submitting the declarations.