WHY DO BUSINESSES NEED ASSET PROCUREMENT VALUATION?

Asset procurement valuation is an important step that helps organizations, businesses, and government agencies ensure transparency and efficiency in investment and purchasing activities. Determining the correct asset value not only supports optimal cost management but also minimizes financial and legal risks. Therefore, valuation becomes a reliable decision-making tool, especially in bidding activities, public procurement, and development investments.

What is an asset procurement project and the role of valuation?

An asset procurement project is an expenditure plan aimed at equipping, replacing, or upgrading assets that serve management, production, or public service delivery activities. Depending on the scale, the project may range from purchasing office equipment and transportation vehicles to investing in information technology systems and infrastructure.

In the context of strict budget management, valuation has become an indispensable tool to determine the actual value of assets before project approval. This ensures that all costs are reasonable, aligned with the 2025 asset procurement norms as well as relevant regulations.

In addition, valuation helps supervising units easily demonstrate transparency during financial settlement, reporting, or when inspections and audits are required by state management agencies. This is an important foundation that enables asset procurement projects to operate smoothly, legally, and with optimal capital efficiency.

Why is asset procurement valuation a mandatory factor?

Asset procurement valuation is not merely about determining the value of an item to be purchased, but also plays a key role in financial transparency and budget management. When conducting public asset procurement or large-scale projects, management agencies must rely on the latest public procurement regulations to avoid losses, waste, and legal risks.

According to current regulations, especially Circular 58 on asset procurement and Decision 50 on asset procurement, all public service units, schools, and enterprises must refer to the 2024 asset procurement norms. Valuation is the tool that ensures decision-making is objective, reasonable, and transparent.

In this way, each contract and project is closely controlled in terms of cost and asset quality, helping both businesses and government agencies optimize budgets while enhancing trust from partners and society.

Latest legal regulations on public asset procurement

Currently, the legal framework for public asset procurement has undergone important changes to ensure effective budget spending. The latest regulations, such as Circular 50 on asset procurement and Circular 58 on procurement norms, have added many details regarding bidding procedures, procurement limits, and cost management.

In particular, for regulations on asset procurement under 100 million VND, the law provides specific guidance to ensure flexibility in management while preventing losses. For public service units and schools, these documents serve as the basis for determining school asset procurement norms, ensuring transparent and purpose-driven spending.

Timely updates and accurate application of the latest regulations not only help government agencies and businesses minimize legal risks but also enhance transparency and accountability in financial management.

SunValue – A strategic partner in asset procurement valuation

With more than 23 years of experience in valuation, SunValue is proud to be a trusted partner of numerous banks, real estate corporations, government agencies, and public service units. We provide comprehensive asset procurement valuation services, covering public assets, school equipment, and large-scale procurement projects within enterprises.

SunValue is committed to delivering fast and accurate services, fully complying with the latest public asset procurement regulations, ensuring valuation results with high legal validity. Our working process is based on frequently updated market data, a highly experienced expert team, and modern digital technology, providing absolute reliability.

In particular, we support clients in applying Circular 58 on procurement norms, Decision 50 on asset procurement, and other legal documents, helping businesses and government agencies confidently make investment and purchasing decisions. With SunValue, clients not only save costs but also ensure transparency and legal standards in every transaction.

Contact us today for detailed support and a valuation service quotation tailored to your needs. SunValue – the No.1 choice for asset procurement valuation in Vietnam.

Indochina International Appraisal & Investment JSC (SunValue)

• Address: 15 Nguyen Luong Bang, Tan My Ward, Ho Chi Minh City

• Phone: 081 519 8877

• Email: contact@sunvalue.vn

• Facebook: Indochina International Appraisal And Investment J.S.C

• Website: inavn.vn

Conclusion

In an increasingly competitive economic environment with high demands for financial transparency, choosing a reputable asset procurement valuation firm is extremely important. With SunValue, clients are assured of accuracy, legal compliance, and cost optimization. Our services not only fully meet the latest public asset procurement regulations but also accompany businesses, schools, and public service units in every procurement decision. SunValue – a comprehensive, transparent, and effective valuation solution that gives you peace of mind in every investment project.