Vietnam: Formula for calculating the cost for standard inspection of a ship

23:38, 10/07/2024

The content is stipulated in detail in Circular 234/2016/TT-BTC of the Ministry of Finance of Vietnam, which regulates the service fees for technical safety inspection and quality assessment of marine vessels, offshore structures; industrial products installed on marine vessels, offshore structures; evaluation, certification of safety management systems, and approval, inspection, evaluation, and certification of maritime labor.

The standard inspection fees (GKDTC) apply to all inspection activities with unit prices specified in the Service Price Tables, determined according to the following formula:

GPKDTC = GTC + CPK

Where:

- GTC: Standard price;

+ For ships and industrial products: GTC = α x SPC

+ For marine structures: GTC is calculated as 1.5 times the corresponding types of inspections and inspection objects of ships.

- CPK: Other costs.

Refer to the method of calculating inspection prices based on time in Circular 234/2016/TT-BTC of the Ministry of Finance of Vietnam effective from January 01, 2017, which replaces Circular 165/2013/TT-BTC.

- Thanh Lam -

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