How to handle public assets after agency merger and dissolution?

(NLDO)- The Government has just issued Decree 50 amending and supplementing a number of articles of the Decrees detailing a number of articles of the Law on Management and Use of Public Assets.

Decree 50/2025/ND-CP amends and supplements Article 35b of Decree No. 151/2017/ND-CP (supplemented in Clause 27, Article 1 of Decree 114/2024/ND-CP) on handling public assets in cases of merger, consolidation, separation, dissolution, and termination of operation.

Merge and consolidate the Ministry of Agriculture and Rural Development and the Ministry of Natural Resources and Environment into the Ministry of Agriculture and Environment. Photo: Thanh An

Accordingly, state agencies subject to merger, consolidation, separation, dissolution, and termination of operations are responsible for inventorying and classifying assets under the agency's management and use; and are responsible for handling assets found to be in excess/deficient through inventory in accordance with the provisions of law.

In case of merger or consolidation (including the establishment of new agencies or units on the basis of reorganizing existing agencies or units), the legal entity after the merger or consolidation shall inherit the right to manage and use the assets of the merged or consolidated agency and shall be responsible for: Arranging the use of assets according to standards and norms for the use of public assets; implementing the management and use of public assets according to the provisions of law;

In case of separation, the state agency subject to separation is responsible for developing a plan to divide existing assets and assigning responsibility for handling assets in the process of being handled to the new legal entities after separation, and reporting to the agency or person with authority to decide on separation for approval.

After completing the separation, the new legal entities are responsible for arranging the use of assets according to standards and norms for asset use and completing the handling of assets in the process of being handled according to assigned responsibilities.

For surplus assets or assets that must be handled according to the provisions of the Law and this Decree, the new legal entity is responsible for preparing records and reporting to competent authorities and persons for consideration and decision on handling according to regulations.

In case of termination of operations or transfer of functions and tasks to other agencies, organizations and units, based on the policy of the competent agency or person, the state agency whose operations are terminated shall preside over and coordinate with the agencies, organizations and units receiving the functions and tasks to develop a plan for asset division in accordance with the transferred tasks and the actual status of the assets to be incorporated into the project/plan for organizational arrangement; submit to the competent agency or person for approval...

In recent times, implementing the policy of streamlining the political system, many agencies and units from the central to local levels have implemented mergers and consolidations. Of which, the Government apparatus has reduced 5 ministries and 3 agencies under the Government.

Source: https://nld.com.vn/xu-ly-tai-san-cong-the-nao-sau-sap-nhap-giai-the-co-quan-196250304082813522.htm