Chapter II
VALUATION TRAINING
Article 8. Trainees
1. Individuals who wish to take the exam to be granted a valuer card.
2. Other individuals who wish to attend training classes in valuation.
Article 9. Training providers
Any entities that meet the requirements specified in Article 4 of this Circular are eligible to provide valuation training:
1. Higher education institutions that provide bachelor’s disciplines in valuation in accordance with education and training law.
2. Entities with the function of training, refresher training in valuation under the Ministry of Finance.
3. Professional associations of valuation.
Article 10. Delivery mode, content and training program in valuation
1. Valuation training class can be delivered in either a single continuous session or spread across multiple sessions, with a maximum duration of 3 months per class and the training class must provide sufficient time for teaching and learning, and adhere to the content and program requirements outlined in Clause 2 of this Article.
2. Training content and program:
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Topic name
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Number of study hours
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A
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GENERAL KNOWLEDGE
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Topic 1
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Laws applied in the field of valuation
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24
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Topic 2
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Principles of market price formation and Basic principles of valuation
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24
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Topic 3
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Corporate financial analysis
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20
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B
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PROFESSIONAL KNOWLEDGE
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Topic 4
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Real estate valuation
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24
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Topic 5
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Valuation of personal property 1 (Valuation of machinery and equipment)
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24
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Topic 6
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Valuation of personal property 2 (Valuation of intangible assets and other personal property)
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20
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Topic 7
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Business valuation
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24
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a) Training class in asset valuation includes 5 topics: Laws applied in the field of valuation; Principles of market price formation and Basic principles of valuation; Real estate valuation; Valuation of personal property 1 (Valuation of machinery and equipment); Valuation of personal property 2 (Valuation of intangible assets and other personal property);
b) Training class in business valuation includes the topics specified in point a of this clause and 2 topics below: Corporate financial analysis; Business valuation;
c) The duration for a training class specified in Point a, Clause 2 of this Article is 116 hours, for a training class specified in Point b, Clause 2 of this Article is 160 hours, excluding duration for review and learning outcome assessment specified in Article 11 of this Circular;
d) Trainees who successfully complete the training class outlined in Point a, Clause 2 of this Article are eligible to enroll in additional classes to fulfill the program requirements specified in Point b, Clause 2 of this Article.
3. The maximum class size for valuation training is 150 trainees.
4. The training provider shall compile training documents on valuation according to the content of the training program framework specified in Appendix V issued with this Circular; and also update new content and regulations of the state related to the field of prices and valuation during the teaching process.
Article 11. Examination and assessment of trainees’ performance
1. At the end of the valuation training class, the training provider must administer an examination to evaluate the trainees’ performance. The content of the examination must demonstrate basic knowledge of the topics in the curriculum:
a) For the training classes specified in Points a and b, Clause 2, Article 10 of this Circular, the assessment shall be conducted through two (2) written examinations; the general knowledge examination shall be 120 minutes long, and the professional knowledge examination shall be 150 minutes long;
b) For trainees as prescribed in Point d, Clause 2, Article 10 of this Circular, they must take 1 (one) 150-minute written examination for additional topics.
2. Examination scores are graded on a scale of 10 (ten). A score below 5 points on the examination is considered failing.
3. Trainees who do not attend at least 80% of the required class time for each topic will not be allowed to take the examination for that topic and will be required to retake the missing topic.
4. In cases where a trainee is unable to attend the examination due to special reasons such as pregnancy, accident, or illness with a medical certificate from a hospital (hereinafter referred to as "special reasons"), the trainee must submit a request for postponement of the examination and obtain approval from the head of the training provider.
5. Trainees who have failed an examination or those who were unable to attend an examination due to special reasons as specified in Clause 4 of this Article are entitled to retake each examination once. The head of the training provider shall determine the schedule for retakes for these trainees, but the retake must be conducted within no more than 6 (six) months from the completion date of the training class.
Article 12. Certificate of valuation training
1. Trainees who obtain a score of 5 (five) or above on each examination are considered to have met the class requirements and will be granted a certificate of training in asset valuation or certificate of training in business valuation depending on the training program they have enrolled in.
Trainees who have been granted a certificate of training in asset valuation are allowed to take additional classes to complete the program specified in Clause b of Article 10(2) of this Circular to obtain a certificate of training in business valuation.
2. The head of the training provider (or a deputy assigned by the head of the training provider) shall sign and issue the certificate of valuation training. The certificate of valuation training shall follow the form in Appendix VI herewith and must bear the trainee's photo and seal.
3. The certificate of training in asset valuation is one of the prerequisites for registering to take the examination for the issuance of a valuer card in the field of asset valuation. Certificate of training in business valuation is one of the prerequisites for registering to take the examination for the issuance of a valuer card in the field of asset valuation or for the issuance of a valuer card in the field of business valuation.
The certificate of valuation training is also a prerequisite for officials, public employees, workers under the management and employment of the council establishment entity to participate in valuation councils as stipulated in Article 60 of the Law on Prices.
4. In cases where a certificate is lost or damaged due to natural disasters, war, or other force majeure circumstances, the training provider shall review and make a decision on re-issuance. However, the re-issued certificate must clearly indicate that it is a re-issuance and the training provider shall bear legal responsibility for such re-issuance.
Tìm kiếm
Thông tư 39/2024/TT-BTC (Bản Word)
Thông tư 39/2024/TT-BTC (Bản Pdf)