Circular No. 28/2024/TT-BTC on the procedures and formalities for inspecting compliance with laws on pricing and appraisals

CIRCULAR
Regulations on the procedures for inspecting compliance with laws on pricing and appraisals

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Pursuant to the Price Law dated June 19, 2023;

Pursuant to Decree No. 14/2023/NĐ-CP dated April 20, 2023, issued by the Government, stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;

At the proposal of the Director of the Price Management Department;

The Minister of Finance issues this Circular to regulate the procedures for inspecting compliance with laws on pricing and appraisals.

Article 1. Scope of Regulation and Applicability

2. Applicability:

This Circular regulates the procedures for inspecting compliance with laws on pricing and appraisals.

For goods specified in Clause 4, Article 3 of the Law on Pricing, if there are specific regulations on the procedures for inspecting compliance with pricing regulations and appraisals, such regulations shall be followed.

第二条 组织和实施奖励工作的支出水平，如政府第152/2025/NĐ-CP号决定关于分级授权和奖励领域的分权规定

a) Ministry of Finance, Ministries, ministerial-level agencies, provincial People's Committees;

b) Specialized agencies, subordinate units entrusted with the task of inspecting compliance with laws on pricing and appraisals;

c) Organizations and individuals subject to inspection for compliance with laws on pricing and appraisals;

d) Organizations and individuals related to the inspection of compliance with laws on pricing and appraisals.

Article 2. Construction, approval, and issuance of inspection plans

1. Specialized agencies and subordinate units entrusted with the task of inspecting compliance with laws on pricing and appraisals by the Ministry of Finance, Ministries, ministerial-level agencies, and provincial People's Committees shall be responsible for constructing and submitting inspection plans for approval and issuance by the Ministry of Finance, Ministries, ministerial-level agencies, and provincial People's Committees.

2. By no later than December 31 each year, based on proposals from the agencies and units entrusted with inspection tasks, the Ministry of Finance, Ministries, ministerial-level agencies, and provincial People's Committees shall be responsible for issuing inspection plans.

3. Inspection plans must comply with the principles set forth in Clause 2, Article 68 of the Law on Pricing.

4. The decision to issue inspection plans shall be made according to the model prescribed in Appendix I attached to this Circular.

5. Immediately upon issuance by the Ministry of Finance, Ministries, ministerial-level agencies, and provincial People's Committees, specialized agencies and subordinate units entrusted with inspection tasks shall be responsible for notifying in writing each entity within the scope of the inspection plan.

Article 3. Inspection Decisions

1. Based on approved inspection plans, directives from competent authorities, or when violations or signs of violations are discovered, specialized agencies and subordinate units entrusted with the task of inspecting compliance with laws on pricing and appraisals shall be responsible for submitting inspection decisions for signature by the Ministry of Finance, Ministries, ministerial-level agencies, and provincial People's Committees.

2. Inspection decisions shall be issued according to the model prescribed in Appendix II attached to this Circular.

Article 4. Composition of Inspection Teams

1. The head of the inspection team is:

a) Leaders at the Bureau, Department level or equivalent within Ministries and sectors; Leaders at the Provincial Departments level;

b) Leaders at the Division level or equivalent of specialized agencies and subordinate units entrusted with inspection tasks.

2. Members of the inspection team include civil servants, officials, inspectors; officers and non-commissioned officers in the People's Armed Police Force; officers and professional soldiers, defense workers in the People's Army.

3. Members of the inspection team (including the head of the inspection team) must have a bachelor's degree or higher and possess relevant professional qualifications, decided by Ministries, ministerial-level agencies, and provincial People's Committees or delegated to specialized agencies and subordinate units to decide.

4. Individuals in any of the following situations shall not participate in inspection teams:

a) Individuals who have capital contributions or shares in enterprises that are the subjects of inspection, except where otherwise provided by law;

b) Individuals whose spouse, father, mother, father-in-law, mother-in-law, father-in-law, mother-in-law, children, brothers, sisters, or brothers-in-law, sisters-in-law are heads, deputy heads, personnel management staff, accountants, treasurers, or warehouse managers of the inspected organizations or entities;

c) Individuals currently under disciplinary review or criminal prosecution;

d) Individuals who have been disciplined or criminally prosecuted but have not yet completed their disciplinary period or had their criminal record expunged;

đ) Individuals who do not meet other conditions required to join the inspection team as stipulated by law.

5. Specialized agencies and subordinate units entrusted with the task of inspecting compliance with laws on pricing and appraisals by the Ministry of Finance, Ministries, ministerial-level agencies, and provincial People's Committees shall submit written requests to the authority issuing inspection decisions for consideration and decision regarding:

a) Extending the inspection period based on the proposal of the head of the inspection team;

b) Changing members of the inspection team (including the head of the inspection team) in cases of objective reasons preventing continued participation in the inspection team or other cases as required by competent authorities in accordance with the law.

Article 5. Adjusting the inspection plan

In cases where there are reasons to adjust the inspection plan, specialized agencies and subordinate units assigned by the Ministry of Finance, Ministries, ministerial-level agencies, and provincial People's Committees to inspect compliance with laws on prices and appraisals shall submit the adjustment plan along with the specific reasons for the adjustment to the Ministry of Finance, Ministries, ministerial-level agencies, and provincial People's Committees for review and approval. After the adjusted inspection plan is approved, the specialized agency or subordinate unit responsible for inspections shall notify the inspected entities.

Article 6. Rights and responsibilities of the Inspection Team, Head of the Inspection Team, and members of the Inspection Team

1. The Inspection Team has the following rights and responsibilities:

a) Requesting inspected entities to provide complete and timely documentation and information, and to arrange appropriate time and personnel to work with the Inspection Team;

b) Notifying inspected entities about the implementation of specific inspection contents as outlined in the approved inspection plan;

c) Issuing conclusions on the inspection contents in the Inspection Report based on the provided documentation and inspection results;

d) Preparing and signing the Inspection Report.

2. The Head of the Inspection Team has the following rights and responsibilities:

a) Organizing the implementation of inspection decisions as stipulated in this Circular; being accountable to the competent authority regarding the activities of the Inspection Team; being responsible for the conclusions of the Inspection Team;

b) Announcing inspection decisions and notifying changes related to the Inspection Team; proposing extensions of inspection deadlines when necessary;

c) Requesting inspected entities to provide information and documentation relevant to the inspection content and ensuring that such information is not disclosed to unrelated organizations or individuals;

d) Organizing the preparation of the Inspection Report and the Inspection Result Report; signing the Inspection Report and the Inspection Result Report and being responsible for their accuracy, truthfulness, and objectivity;

đ) Preparing Administrative Violation Reports upon discovering administrative violations; imposing administrative penalties within their authority or recommending those with authority to impose administrative penalties according to the law on handling administrative violations; in cases where the violation does not fall within the jurisdiction of the Inspection Team, recommending the competent authority to handle it through other appropriate forms in accordance with the law;

e) During the process of addressing the Inspection Team's recommendations, the Head of the Inspection Team shall explain and supplement evidence and materials regarding issues that need clarification or recommendations for handling according to the requirements of the competent authority;

g) Assigning tasks to members of the Inspection Team.

3. Members of the Inspection Team have the following rights and responsibilities:

a) Carrying out inspection tasks as assigned by the Head of the Inspection Team; reporting the results of the assigned tasks to the Head of the Inspection Team and being responsible for the accuracy and truthfulness of the report or recommendation; proposing to the Head of the Inspection Team necessary measures to ensure effective and lawful inspection activities;

b) Preparing the Inspection Report and the Inspection Result Report; preparing Administrative Violation Reports upon discovering administrative violations;

c) Recording dissenting opinions in the Inspection Report if they differ from the Head of the Inspection Team's conclusion;

d) Being responsible for participating in the Inspection Team according to the plan.

Article 7. Rights and obligations of organizations and individuals being inspected

1. The inspected entity has the following rights:

a) To propose clarification of contents in the Inspection Report; to provide explanations in the Inspection Report;

b) To refuse to provide information or documents unrelated to the inspection content, or information classified as state secrets, except where otherwise provided by law;

c) To report violations of the law by the Head of the Inspection Team or members of the Inspection Team during the performance of their inspection duties;

d) Other rights as prescribed by law.

2. The inspected entity has the following obligations:

a) To comply with the inspection decision of the competent state agency; to arrange for the legal representative or authorized person and relevant staff to work with the Inspection Team;

b) To prepare and provide promptly and within the required timeframe all reports, documents, and files requested by the Inspection Team and other related files and documents as prescribed by law; to implement file handover according to the model specified in Appendix III attached hereto;

c) To bear responsibility under the law for the accuracy and truthfulness of the information, reports, and documents provided;

d) To sign the Inspection Report after the completion of the inspection;

d) Other obligations as prescribed by law.

Article 8. Conducting Inspections

1. The Head of the Inspection Team is responsible for organizing the development of plans to conduct inspections and reporting to the specialized agency or subordinate unit assigned the inspection task, which shall notify in writing the plan to conduct the inspection along with the Inspection Decision to the inspected entity at least five days before announcing the Inspection Decision (except in cases of inspections directed by a competent authority or when violations or signs of violations are discovered). The notification must include the following basic contents:

a) Time and location for announcing the Inspection Decision;

b) Participants in the meeting;

c) Content of the report and list of reports, files, and documents serving the inspection;

d) Other contents (if any).

2. At the announcement session, the Head of the Inspection Team announces or authorizes in writing a member of the Inspection Team to announce fully the contents of the Inspection Decision and clearly states the purpose, requirements, plan to conduct the inspection, content, method of working, and the files, documents, and reports that the inspected entity must provide to the Inspection Team.

In case the inspected entity does not comply with the requirements of the Inspection Team after receiving a written notice from the Head of the Inspection Team, the Head of the Inspection Team shall record this in a report and report to the competent authority for handling according to regulations.

3. The Inspection Team conducts inspections based on the files, documents, and reports provided by the inspected entity as required by the Inspection Team.

4. During the inspection process, the Head of the Inspection Team drafts the Inspection Report based on the reports of the members of the Inspection Team.

The Inspection Report includes contents about the characteristics and general situation of the inspected entity, the inspection content, conclusions, recommendations, and requirements of the Inspection Team, and it is implemented according to the model specified in Appendix IV attached hereto. The Inspection Report must be prepared within the time limit stipulated in Clause 2 of Article 69 of the Price Law.

The Inspection Report must have the opinion of the inspected entity. In case the inspected entity is absent, deliberately avoids, or refuses to sign the Inspection Report, there must be a representative of the local authority where the inspection takes place or a witness signing and confirming the preparation of the Inspection Report and noting that the inspected entity did not sign the Inspection Report. If these persons do not sign, the report is still prepared and the reason is noted.

5. During the inspection process, if the inspected entity engages in administrative violations in the price or valuation field, the Head of the Inspection Team or a member of the Inspection Team shall draft an administrative violation report for handling according to the law.

Article 9. Report on Inspection Results

1. The inspection team shall prepare a report on the inspection results and submit it to the specialized agency or subordinate unit assigned the inspection task along with the Inspection Record and related documents for consolidation, reporting, and archiving according to regulations.

2. The report on inspection results shall be prepared in accordance with the model prescribed in Appendix V attached hereto and must clearly state the following issues:

a) Content and results of the inspection;

b) Propose recommendations for handling matters concerning economics, administrative, and legal aspects (if applicable) towards the inspected entity.

3. Each recommendation for handling must clearly specify the incident, basis, cause, responsibility, form of handling, deadline for compliance; recommend and propose that the competent authority monitor, urge, and supervise the implementation of the inspection conclusions, recommendations, and decisions on handling (if applicable); propose recommendations for amending and supplementing mechanisms, policies, and legal normative documents (if applicable).

Article 10. Handling Inspection Recommendations

1. Within the latest thirty days from the date of completion of the inspection, the inspection team shall report to the agency issuing the inspection decision for examination, decision-making, and timely guidance to specialized agencies and units to implement the handling of the inspection team's recommendations within their respective authorities.

2. The inspected entity shall be responsible for implementing the inspection team's recommendations to promptly rectify any violations (if any).

Article 11. Archiving Records

1. Inspection records include:

a) Decision to issue the inspection plan; Inspection decision; Documents provided by the inspection team and other relevant documents;

b) Documents proving information serving as the basis for forming the inspection conclusion at each inspected entity;

c) Inspection record, Administrative Violation Record (if any), Report on Inspection Results.

2. Inspection records shall be stored and preserved in accordance with the provisions of the law.

Article 12. Implementation Organization

1. The Ministry of Finance, Ministries, ministerial-level agencies, and provincial People's Committees shall assign specialized agencies and subordinate units to be responsible for inspecting the compliance with laws on pricing and appraisals in accordance with Clause 2 of Article 70 of the Law on Pricing.

2. Ministries, ministerial-level agencies, and provincial People's Committees shall be responsible for inspecting the compliance with laws on pricing and appraisals within their respective fields of management as stipulated by the law on pricing and related laws.

3. Specialized agencies and subordinate units assigned tasks by the Ministry of Finance, Ministries, ministerial-level agencies, and provincial People's Committees within their respective powers shall be responsible for organizing, directing, guiding, inspecting, urging inspection teams; resolving difficulties and promptly addressing recommendations within their authority; consolidating, reporting to the Ministry of Finance, Ministries, ministerial-level agencies, and provincial People's Committees the inspection results of the inspection teams and organizing the implementation of the storage of inspection records in accordance with regulations.

4. Relevant agencies, units, organizations, and individuals shall be responsible for researching and implementing proposals for amending and supplementing mechanisms, policies, and legal normative documents in the field of management (if any) within their respective authorities; proposing to the competent agency or person to examine and handle.

5. The inspected entity shall be responsible for implementing the requirements, conclusions, recommendations, and decisions on handling inspections issued by the competent authority.

6. The preparation of budget estimates and the use of funds for inspecting compliance with laws on pricing and appraisals shall be carried out in accordance with the State Budget Law and guiding documents of the State Budget Law.

Article 13. Implementation Provisions

1. This Circular takes effect from July 1, 2024.

The contents regarding inspection in this Circular replace the provisions on inspection in Articles 4, 11, 12, 13, 14, and 19 of Chapter III of Circular No. 323/2016/TT-BTC dated December 16, 2016, issued by the Minister of Finance on inspection, supervision, and evaluation of appraisal quality activities, and Article 1 of Circular No. 25/2019/TT-BTC dated April 22, 2019, issued by the Minister of Finance amending and supplementing certain articles of Circular No. 323/2016/TT-BTC dated December 16, 2016, issued by the Minister of Finance on inspection, supervision, and evaluation of appraisal quality activities.

2. During the implementation process, if any difficulties arise, they should be reported promptly to the Ministry of Finance for review, amendment, and supplementation to ensure appropriateness./.

ANNEX I

MODEL DECISION ON INSPECTION PLAN
(Attached to Circular No. 28/2024/TT-BTC dated May 16, 2024, issued by the Minister of Finance)

Pursuant to …;

Issuing the Inspection Plan…(3)…year…

...(4)....

Pursuant to the Price Law on June 19, 2023;

Based on…(5);

At the proposal of…(6).

DECISION:

Clause 4 of Article 6Attached to this Decision is the Inspection Plan …(3)…. year …of….(7)…

…………..(8)…………..

12/2025/TT-BNNMT dated June 19, 2025 issued by the Minister of Agriculture and Environment…(7)……. shall be responsible for organizing and implementing the Inspection Plan attached to this Decision.

Article 3. This Decision takes effect from the date of signature. ……(9) …and …(10)……. shall be responsible for enforcing this Decision./.

Note:

(1) Name of the agency issuing the decision to issue the inspection plan.

(2) Abbreviation of the name of the agency issuing the inspection decision.

(3) Content of the inspection.

(4) Position of the person issuing the decision to issue the inspection plan.

(5) Other bases for issuing the decision.

(6) Head of the agency or unit advising on conducting the inspection (if any).

(7) Agency or unit responsible for carrying out the inspection task.

(8) List of inspected entities (can be included in the Appendix attached to the Decision).

(9) Head of the agency or unit or individual related to the organization and implementation of the inspection.

(10) Head of the agency or organization or individual being inspected.

(11) Abbreviation of the drafting unit and number of copies to be filed (if necessary).

(12) Signatory of the document and number of copies to be issued (if necessary).

ANNEX II

MODEL INSPECTION DECISION
(Attached to Circular No. 28/2024/TT-BTC dated May 16, 2024, issued by the Minister of Finance)

Form No. 01

Pursuant to …;

Regarding the inspection...

…………………………….. (4)

Pursuant to the Price Law on June 19, 2023;

Based on…(5);

At the proposal of…(6).

DECISION:

Clause 4 of Article 6Inspection... at...; period of inspection...

The inspection period is... days, starting from the date of publication of the Inspection Decision.

12/2025/TT-BNNMT dated June 19, 2025 issued by the Minister of Agriculture and EnvironmentForm a Inspection Team to carry out the inspection tasks recorded in Article 1 of this Decision.

The Inspection Team consists of the following persons:

…………………………………………………………………………………..

Article 3. This Decision takes effect from the date of signature. The persons named in Article 2,... and... are responsible for implementing this Decision./.

Note:

(1) Name of the agency issuing the inspection decision.

(2) Abbreviation of the name of the agency issuing the inspection decision.

(3) Content of the inspection.

(4) Position of the person issuing the inspection decision.

(5) Other bases for issuing the decision.

(6) Head of the agency or unit proposing the inspection decision (if applicable).

(7) Scope and content of the inspection.

(8) Inspection target.

(9) Head of the agency or unit or individual related to the organization and implementation of the inspection.

(10) Head of the agency or organization or individual being inspected.

(11) Abbreviation of the drafting unit and number of copies to be filed (if necessary).

(12) Signatory of the document and number of copies to be issued (if necessary).

Form No. 02

Pursuant to …;

Regarding the inspection...

……………………………………… (4)

Pursuant to the Price Law on June 19, 2023;

Based on…(5);

At the proposal of…(6).

DECISION:

Clause 4 of Article 6Inspection... at...; period of inspection...

The inspection period is... days, starting from the date of publication of the Inspection Decision.

12/2025/TT-BNNMT dated June 19, 2025 issued by the Minister of Agriculture and EnvironmentEntrust the head (specify the specialized agency or subordinate unit) to form an Inspection Team to carry out the tasks recorded in Article 1 of this Decision.

Article 3. This Decision takes effect from the date of signature. The units named in Article 1, heads of relevant agencies and units, and the Inspection Team are responsible for implementing this Decision./.

Note:

(1) Name of the agency issuing the inspection decision.

(2) Abbreviation of the name of the agency issuing the inspection decision.

(3) Content of the inspection.

(4) Position of the person issuing the inspection decision.

(5) Other bases for issuing the decision.

(6) Head of the agency or unit proposing the inspection decision (if applicable).

(7) Scope and content of the inspection.

(8) Inspection target.

(9) Abbreviation of the drafting unit and number of copies to be filed (if necessary).

(10) Signature of the drafter and number of copies to be issued (if necessary).

ANNEX III

MODEL OF THE RECORD OF HANDOVER OF FILES AND DOCUMENTS
(Attached to Circular No. 28/2024/TT-BTC dated May 16, 2024, issued by the Minister of Finance)

RECORD

Handover of files and documents

At... hours... on.../.../..., at...(3)

We have the following members:

1. Representative of the Inspection Team:

Mr./Ms.... position...

Mr./Ms.... position...

2. Representative of...(4):

Mr./Ms.... position...

Proceeding with the handover of the following files and documents:

...(5) (with attached list).

The handover of files and documents was completed at... hours... on.../.../.... The record of handover has been read aloud to those present and signed for confirmation; the record is made in... copies of equal value, each party retains one copy, and one copy is filed./.

Note:

(1) Name of the agency conducting the inspection.

(2) Name of the Inspection Team.

(3) Location of handover of files and documents.

(4) Agency, organization, or individual providing files and documents.

(5) Files and documents handed over: name, type of document (original, original copy, software data...), number, code, date, month, year, number of pages, and summary of content.

(6) Representative handing over the files and documents.

(7) Representative receiving the files and documents.

LIST OF FILES AND DOCUMENTS

(Attached to the Record of Handover of Files and Documents dated.../.../....)

ANNEX IV

MODEL OF THE RECORD OF INSPECTION
(Attached to Circular No. 28/2024/TT-BTC dated May 16, 2024, issued by the Minister of Finance)

INSPECTION RECORD

………….(1)

Based on Decision No... dated... month... year... of... regarding...

The Inspection Team has conducted inspections at...

Period of inspection: ...

Today, at... hours... minutes, on... month... year..., at...

We include:

1. Inspection Team:

- Mr./Ms.... - Team Leader

- Mr./Ms.... - Deputy Team Leader (if any)

- Mr./Ms.... - Member

2. ………………(4):

- Mr./Ms.... - ...

- Mr./Ms.... - ...

Proceeding to establish a record confirming the results of the inspection as follows:

I. CHARACTERISTICS AND GENERAL SITUATION OF...(4):

- Establishment Decision/Government Registration Certificate No..... dated... month... year... issued by...

- Main business activities: ...

- Subsidiary units (if any): Factories, branches, stores (Specify location of headquarters, accounting form...).

- ...(other contents if any)...

II. CONTENT OF INSPECTION:

…………………………………….

III. CONCLUSIONS, RECOMMENDATIONS, AND REQUIREMENTS:

1. Conclusion:

………………

2. Recommendations:

………………

IV. OPINION OF...(4) (if any):...

The record was established at... hours... on the same day, consisting of... pages, ... copies of equal content and value; each party retains... copies./.

Note:

(1), (3) Name of the inspection.

(2) Position of the person issuing the inspection decision.

(4) Name of the inspection target.

(5) Legal representative or authorized person

ANNEX V

MODEL OF REPORT ON INSPECTION RESULTS
(Attached to Circular No. 28/2024/TT-BTC dated May 16, 2024, issued by the Minister of Finance)

REPORT

Results of inspection...(4)

Implementing Inspection Decision No... dated.../.../... of... regarding..., from.../.../... to.../.../... the Inspection Team has conducted inspections at...(6)

During the inspection process, the Inspection Team worked with...(7) and the results of the inspection are as follows:

1. ……………………………………………………………………….(8)

2. Inspection results

……………………………………………………………………………(9)

3. Conclusions on the contents that have been inspected

……………………………………………………………………………(10)

4. Measures applied within the authority (if any).

…………………………………………………………………………………

5. Different opinions (if any)

…………………………………………………………………………….

6. Recommendations for measures to be taken.

…………………………………………………………………………….

Above is the Report on the results of the inspection of...(4)./.

Note:

(1) Name of the agency conducting the inspection.

(2) Name of the Inspection Team.

(3) Abbreviation of the Inspection Team's name.

(4) Name of the inspection.

(5) Position of the person issuing the inspection decision.

(6) Agency, organization, or individual being the inspection target.

(7) Agencies, organizations, or individuals related and verified to clarify the inspection content (if any).

(8) Overview of characteristics and situation of the organization's operation related to the inspection content of the agency, organization, or individual being the inspection target.

(9) Contents that have been inspected: Describe the inspection results, if there are violations, specify the violation content, consequences, damages caused (if any); directly and indirectly related agencies, organizations, or individuals to the violation; evaluate and comment on the violations of the related parties (if any).

(10) Conclusion on the results achieved, limitations, violations (if any) of the inspection target, specifying the responsibility of agencies, organizations, or individuals who violated.

(11) Head of the inspection team.

(12) Abbreviation of the drafting unit and number of copies to be filed (if necessary).

(13) Signature of the drafter and number of copies to be issued (if necessary).