The Ministry of Health regulates the brand value of the joint venture and associate capital contributor which is determined according to Vietnams valuation standards, intellectual property laws and relevant laws.
The Ministry of Health is collecting comments for the draft circular guiding a number of contents on investment loans; use of public assets for joint ventures, association, business activities and services as required by public health facilities, expected to take effect from March 1, 2019.
According to the representative of the Department of Planning and Finance (the Ministry of Health), the fields to be joint ventured or associated with business and service activities on request without using the state budget include: medical examination, treatment and services. treatment room on request; high-quality medical services and techniques; ancillary services such as drug supply, patient transportation service; ... the unit constructs and decides the price on the principle of calculating sufficient costs and accumulating for development investment, but the price of joint venture , the link must be at the price set by the competent authority; all revenue and expenses are aggregated into revenues and expenses and reflected in the entitys financial statements; revenue and expenses must be separately accounted and monitored and an independent accounting establishment must be set up to apply the same financial mechanism as an enterprise when meeting the requirements. Equipments to join joint ventures or associates must be 100% new, advanced generation equipment.
Notably, the draft circular has a separate regulation for the joint venture to install testing machines, such as the winning contractor supplying chemicals and testing materials that are responsible for ordering the device that has been tested to meet the testing performance standards to the unit uses and has to bear all costs of maintenance, maintenance, calibration, testing, and testing of quality standards as prescribed; The winning contractor for the supply of chemicals and supplies commits not to require the minimum quantity of materials and chemicals that the unit must use.
In addition, for the first time, the Ministry of Health has issued a regulation on the brand value of a joint venture or associate that is determined by Vietnams valuation standards, intellectual property laws and applicable laws. involve.
Indochina International Investment & Appraisal Joint Stock Company (INA)
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