Conditions for providing the consultancy on land pricing services in Vietnam

Specifically, according to Decree No. 136/2018/NĐ-CP of Vietnam’s Government, an individual can provide consultancy on land pricing if working for an organization whose function is to provide consultancy on land pricing and satisfying one of the following requirements:

- Possess a certificate in land valuation as regulated by the Law on land; or

- Possess a valuer certificate or certificate in real estate appraisal and certificate of completion of supplemental training in land valuation according to the Ministry of Natural Resources and Environment’s program for supplemental training in land valuation.

Moreover, Decree No. 136/2018/NĐ-CP also mentions that the holder of a certificate in land valuation must meet all of the following requirements:

- Possess university or higher qualifications in land management, cadastral management, real estate, pricing, valuation, economics, finance, accounting, auditing, banking, technical economics, engineering or law;

- Have worked in the sector of training specialization for at least 36 (thirty six) months counted from the date of obtainment of the qualification prescribed in Point a of this Clause to the date of submission of the application for the certificate in land valuation;

- Possess a certificate of completion of supplemental training in land valuation according to the Ministry of Natural Resources and Environment’s program for supplemental training in land valuation.

View more details at Decree No. 136/2018/NĐ-CP of Vietnam’s Government, effective from October 05, 2018.

-Thao Uyen-

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