Regulations on actions against violations of examinees for issuance of valuer cards in Vietnam as of July 1, 2024

Regulations on actions against violations of examinees for issuance of valuer cards in Vietnam as of July 1, 2024 (Internet image) 

On May 16, 2024, the Minister of Finance issued Circular 34/2024/TT-BTC on examination for, issuance, management, and revocation of valuer cards in Vietnam.

Regulations on actions against violations of examinees for issuance of valuer cards in Vietnam as of July 1, 2024

Article 17 of Circular 34/2024/TT-BTC stipulates the handling of violations for candidates taking the exam for price appraiser card from July 1, 2024 as follows:

- Examinees’ violations are specified in the exam rules for each exam period as decided by the Chairperson of the Exam Council.

- Examinees who violate the exam rules must receive a violation report made by the room invigilator with signatures of the room invigilator and other examinees in the room. After making such a violation report and announces it publicly in the exam room, the exam invigilator must immediately report it to the Manager of Exam Place. Even if the examinee purposely avoids signing the violation report, the report signed by the room invigilator will remain legally valid.

- Reprimand: The room invigilator documents the type of reprimand issued and announces it publicly in the exam room. Examinees who receive a reprimand will have 1/4 (25%) of their scores deducted from the corresponding exam paper.

- Warning: If an examinee receives a warning, the room invigilator will document the warning, confiscate any evidence (if applicable), state the actions taken in the official report, also announce it publicly in the exam room. Examinees who receive a warning will have 1/2 (50%) of their scores deducted from the corresponding exam paper.

- Exam suspension: If an examinee receives an exam suspension, the room invigilator will document the suspension, confiscate any evidence (if applicable), report it to the Manager of Exam Place for further decision, also announce it publicly in the exam room. If an examinee is suspended from taking any exam subject, that exam subject will be graded as zero (0). Examinees who are suspended from the exam will be required to leave the exam room immediately following the announcement of the Manager of Exam Place’s decision; and return the exam questions and their answer sheets/scripts. After the examinee is suspended from taking a specific exam subject, they can still take the exam for remaining registered subjects that have not been tested yet, previously tested subjects will be marked and reserved as per applicable regulations.

- Cancellation of exam results

The Chairperson of the Exam Council shall consider cancelling the examination results at the request of the room invigilator and Manager of Exam Place. Examinees whose exam results are canceled will face one of two consequences: be deprived of the right to take the next two exam periods or referral to competent authorities for potential criminal charges in accordance with law, depending on the seriousness of the offense. The decision on cancellation of exam results will be considered for examinees who commit any of the following acts:

= Engaging in disruptive behavior, threatening exam officers or other examinees;

= Causing disruption and disrupting security and order in the exam area, causing serious consequences for the exam;

= Falsifying exam applications, taking someone else’s exam, or having someone else taking the exam.

- Examinees have the right to report violators of exam rules and regulations to the invigilator, Manager of Exam Plan or the Exam Council.

Exam fees for valuer cards in Vietnam as of July 1, 2024

- Examinees must pay required exam fees as notified by the Exam Council. Exam fees are paid in cash or via electronic payment methods according to the instructions of the Exam Council.  Exam fees paid will not be refunded to examinees in any case.

- The Examination Council will determine the estimated budget for administering the exam based on the number of examinees who registered for the previous exam. This estimate will adhere to the principle of cost recovery and will be submitted to the competent authority for approval. In case the revenue is greater than the expenditure, the difference between revenue and expenditure is transferred into the state budget.

(Article 5 of Circular 34/2024/TT-BTC)

More details can be found in Circular 34/2024/TT-BTC which comes into force from July 1, 2024.

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