Is price appraisal Council of the state agency required to have any certificates in Vietnam?

Is price appraisal Council of the state agency required to have any certificates in Vietnam?

In Clauses 1 and 2, Article 28 of Decree 89/2013/ND-CP guiding the Law on Price appraisal, there are provisions:

1. Members of the price appraisal Council

a) The asset price appraisal Council of the Ministry of Finance is established under competence on state management specified in point n Clause 2 Article 5 of this Decree, leader of the Ministry of Finance or an authorized person is chairperson of Council, other members include:

- Representative of unit specialized in price management under the Ministry of Finance;

- Representative of unit specialized in state asset management under the Ministry of Finance;

- The Chairperson of Council shall, base on nature, characteristics of assets subject to price appraisal, decide other members.

In case where the asset price appraisal Council established by the Ministry of Finance under competence on state management specified in point b Clause 3 Article 5 of this Decree, members of Council shall comply with provision in point b Clause 1 of this Article.

b) For the asset price appraisal Council of other Ministry, Ministerial-level agency, Governmental agency, other agency at Central level (hereinafter abbreviated to Ministry, Central agency), leader of Ministry or Central agency possessing assets subject to price appraisal or an authorized person is chairperson of Council, other members include:

- Head of unit possessing assets subject to price appraisal;

- Representative of unit specialized in price management or financial management under the Ministry, central agency and division specialized in price or finance, accounting of unit possessing assets subject to price appraisal;

- Agency competent to decide on establishment of Council shall, base on nature, characteristics of assets subject to price appraisal, decide other members.

c) For the asset price appraisal Council at provincial or district level, leader or an authorized person of state finance agency (Department of Finance, Division of Finance and Planning) is chairperson, other members include:

- Representative of unit possessing assets subject to price appraisal;

- Representative of unit specialized in price management, finance management of the state financial agency;

- Agency competent to decide on establishment of Council shall, base on nature, characteristics of assets subject to price appraisal, decide other members.

d) For the asset price appraisal Council of agencies, organizations, units (hereinafter collectively referred to as units) assigned to purchase, sell, manage and use assets, leader of unit possessing assets subject to price appraisal or an authorized person is chairperson of Council, other members include:

- Representative of division specialized in price or finance, accounting of unit assigned to purchase, sell, manage, use of assets;

- Representative of division specialized in price or finance of the superior agency;

- Agency competent to decide on establishment of Council shall, base on nature, characteristics of assets subject to price appraisal, decide other members.

2. The price appraisal Council must have at least one member trained, improved the professional operations specialized in price appraisal as prescribed by the Ministry of Finance or had graduation diploma of college, university, post-university specialized in price, price appraisal.

Thus, the law does not stipulate that the Members of the price appraisal Council must have any professional certificates or qualifications. But in the Price Appraisal Council, there must be a member who has undergone professional operations specialized in price appraisal as prescribed by the Ministry of Finance or had graduation diploma of college, university, post-university specialized in price, price appraisal in Vietnam.

Best Regards!