Reduction of Minimum Training Duration for Price Appraisal Services in Vietnam

17:33, 10/07/2024

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

The minimum duration for a training course in Vietnam under the new regulation is 156 hours, not including review and assessment time. One hour is calculated as 55 minutes of study and 5 minutes of break time. To be specific:

	Topic Name	Minimum Study Hours
A.	GENERAL KNOWLEDGE
- Topic 1	Law applied in the field of valuation and appraisal	24
- Topic 2	Principles of market price formation	20
- Topic 3	Basic principles of valuation	20
B.	PROFESSIONAL KNOWLEDGE
- Topic 4	Real estate appraisal	24
- Topic 5	Machinery and equipment appraisal	24
- Topic 6	Business appraisal	24
- Topic 7	Intangible asset appraisal	20
	TOTAL OF PARTS A AND B	156

See related regulations at Circular 11/2019/TT-BTC effective from April 06, 2019.

- Thanh Lam -

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

0 lượt xem

- This translation is generated by OpenAI's GPT-4o model;
- The legal regulations in this article are according to Vietnamese Law;
- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email banquyen@lawnet.vn