February 23, 2019 15:23

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Determine the reserve price for auction, lease and transfer

15:07 | 12/02/2019

VCN- The Ministry of Finance has just announced the draft circular guiding the determination of the reserve price for term auction, lease and transfer of the right to exploit road infrastructure assets.

determine the reserve price for auction lease and transfer State Treasury has mobilized more than 122,000 billion VND of government bonds
determine the reserve price for auction lease and transfer Over VND96 trillion of G-bonds mobilised
determine the reserve price for auction lease and transfer Stock market capitalization is equivalent to 77.7% of GDP
determine the reserve price for auction lease and transfer
Ảnh minh hoạ.

According to the draft, the principle of price determination must compensate for actual costs reasonably and legally to form and manage assets in consistency with the State’s guidelines and policies of socio-economic development in each period and in conformity with the market price level at the time of reserve price determination for term auction, lease and transfer of the right to exploit road infrastructure assets.

The reserve price must comply with the planning, norms, criteria, spending norms, techno-economic standards (if any) promulgated by competent state agencies and the technical status of each asset; be consistent with the lease and transfer prices in the market of similar assets and the same purpose of lease and transfer.

At the same time, the reserve price for term auction, lease of the right to exploit road infrastructure assets is the minimum initial price when term auctioning, leasing the right to exploit road infrastructure assets. Accordingly, using comparative methods to determine prices with term auction, lease of the right to exploit road infrastructure assets.

determine the reserve price for auction lease and transfer Against Transfer of price: only domestic enterprises "complaint", FDI enterprises not?

If there are sufficient cost factors for price determination, the cost method is preferred. Cost Comparison Methods comply with the guidance of the Ministry of Finance on the method of price determination for goods and services.

The draft also stipulates that the reserve price for term auction, transfer of the rights to exploit road infrastructure assets is the minimum initial price when term auctioning, leasing the right to exploit road infrastructure assets (excluding maintenance costs of road infrastructure assets).

By Thuy Linh/Ngoc Loan