Set up risk provisions for valuation enterprises.

The Ministry of Finance promulgates Circular No. 60/2021/TT-BTC amending and supplementing some articles of Circular No. 38/2014/TT-BTC guiding some articles of the Government's Decree No. 89/2013/ND-CP. In particular, it has stipulated the provision of risk provisions for valuation enterprises.

7 Principles of handing over, receiving debts and assets when conversion of enterprise ownership with 100% state capital.

The Ministry of Finance is collecting comments to develop a draft Circular guiding the handover, receipt, and handling of debts and assets excluded when converting ownership of enterprises in which 100% charter capital is held by the State, transfer of public non-business units, and as designated by the Government or the Prime Minister.

There is no basis to collect the fee for appraisal of the mine closure project.

According to the Ministry of Finance, the Law on Minerals does not stipulate the fee for appraisal of mine closure project, acceptance test for implementation of mine closure project. Therefore, the Ministry of Finance does not have the basis to issue regulations on fee collection.  

From July 1, business valuation according to market approach, costs, and income.

According to Circular 28/2021/TT-BTC, from July 1, valuation enterprises will choose 3 approaches to apply in enterprise valuation, including approaches from the market, cost, and income.