Methods for determining economic - technical norms for out-of-home advertising activities in Vietnam

Methods for determining economic - technical norms for out-of-home advertising activities in Vietnam

Specifically, the economic - technical norms for out-of-home advertising activities are determined as follows:

- Norms for each task = Number of experts x Expert salary x Workdays.

- Equipment rental costs = Number of machines, equipment x Rental days (corresponding expert workdays) x Rental price/machine, equipment.

- Survey vehicle rental costs = Number of surveyed kilometers x Price/km.

- Photo and map printing costs = Number of photos, maps x Printing price/photo, map.

Principles for Applying economic - technical norms to out-of-home advertising activities in Vietnam

When applying economic - technical norms for out-of-home advertising activities, individuals and organizations must adhere to the principles stipulated in Circular 04/2023/TT-BVHTTDL. Specifically:

- The norms stipulated in Circular 04/2023/TT-BVHTTDL are the maximum norms to carry out the contents of the planning and adjustment tasks.

- Based on the requirements for planning and adjustments, if it is necessary to carry out fundamental research tasks, the norms should be applied according to current legal regulations, submitted for decision by the competent authority.

- For items without established norms or prices:

The unit preparing the estimate should, based on technical and technological requirements and actual conditions, provide explanations, construct norms, and prices, or refer to market prices, appraisal prices of the competent authority or organization. Alternatively, they may apply similar norms and prices from other projects or tasks approved by the competent authority within 12 months from the date the other project's budget was approved to the date the unit submits the budget for approval.

More details can be found in Circular 04/2023/TT-BVHTTDL, taking effect in Vietnam from the date of signing and issuance.

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