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DECREE No. 72/2009/ND-CP: Debt collectors must be police-certified

Debt collection service has been recently added to the list of professions and business lines required to satisfy security and order conditions under Government Decree No. 72/2009/ND-CP of September 3. Debt collection service providers may commence their operation only after obtaining certificates of satisfaction of security and order conditions granted by competent police offices and should notify in writing the date of operation commencement to these police offices or commune-level police offices in localities where they operate.

Also subject to this requirement are such business lines as seal carving; production and trading of industrial explosives and high-content ammonium nitrate (98.5% or higher); production, trading and repair of support tools, hunting rifles and fireworks; provision of accommodations for travelers and lease of offices to foreign entities; printing; pawning service; karaoke bar, dance hall and massage business; and provision of prized video game services for foreigners and casino service.

Accordingly, only Vietnamese individuals and organizations at home may carve seals, only people’s army and people’s security force units may produce and trade in support tools and hunting rifles.-

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