A price appraisal training class in Vietnam shall only have a maximum of 150 students

Below is the content stipulated in Circular 11/2019/TT-BTC amending and supplementing Circular 204/2014/TT-BTC on regulations for training and professional development in the price appraisal sector in Vietnam.

Instead of 70 students per class for price appraisal training courses in Vietnam, Circular 11/2019/TT-BTC allows a maximum of 150 students in one training class to meet social demand.

Additionally, Circular 11/2019/TT-BTC has also changed the minimum duration for a training course. To be specific:

The minimum duration for a training course in Vietnam is stipulated to be 40 hours, not including review and assessment time.

  Topic Name Minimum Hours of Study
A. GENERAL KNOWLEDGE  
- Topic 1 Laws applicable in the field of valuation and valuation activities of the State 6
- Topic 2 Principles of market price formation and Basic principles of valuation 6
B. PROFESSIONAL KNOWLEDGE  
- Topic 3 Real estate valuation 8
- Topic 4 Machinery and equipment valuation 8
- Topic 5 Enterprise valuation 8
- Topic 6 Intangible asset valuation 4
  TOTAL PART A AND B 40

More details can be found in Circular 11/2019/TT-BTC, effective from April 6, 2019.

- Thanh Lam -

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