DTC Valuation would like to introduce to clients and partners the main legal documents currently governing valuation in Vietnam.
1. Laws and decrees
- Law on Prices No. 16/2023/QH15 of 19 June 2023, in force from 1 July 2024, as amended and supplemented, most recently by Law No. 140/2025/QH15.
- Decree No. 78/2024/ND-CP of 1 July 2024 detailing the Law on Prices with respect to valuation (practising conditions, registration of valuers, and certificates of eligibility to provide valuation services).
- Decree No. 85/2024/ND-CP of 10 July 2024 detailing certain articles of the Law on Prices.
2. Vietnamese Valuation Standards (issued in 2024)
- Circular No. 30/2024/TT-BTC: standards on the code of professional ethics, scope of work, basis of value and valuation records.
- Circular No. 31/2024/TT-BTC: standard on collecting and analysing information about the asset.
- Circular No. 32/2024/TT-BTC: standards on the market approach, the cost approach and the income approach.
- Circular No. 36/2024/TT-BTC: business valuation standard.
- Circular No. 37/2024/TT-BTC: intangible asset valuation standard.
- Circular No. 42/2024/TT-BTC of 20 June 2024: real estate valuation standard (in force from 5 August 2024).
3. Notes
- Earlier instruments such as the 2002 Ordinance on Prices, the 2012 Law on Prices, Decree No. 89/2013/ND-CP and the former Vietnamese Valuation Standards have been replaced.
- The Ministry of Finance is consulting on a draft amendment to Decree No. 78/2024/ND-CP; DTC will update this page when it is issued.
- Full texts are published on the Ministry of Finance portal: mof.gov.vn.
