Thanh Do Valuation Joint Stock Company signed a cooperation agreement to provide asset valuation services with VAMC

(TDVC Thanh Do Valuation signed a cooperation agreement to provide asset valuation services with VAMC) – VAMC is the abbreviation of VIETNAM ASSET MANAGEMENT COMPANY established and operating under Decree 53/2013/ND-CP of the Government, Decision No. 843/QD-TTg of the Prime Minister, and Decision No. 843/QD-TTg of the Prime Minister and Decision No. 1459/QD-NHNN dated June 27, 2013 of the Governor of the State Bank of Vietnam.

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(VAMC) officially came into operation on October 1, 2013. (VAMC) is a State-owned organization that contributes to the quick settlement of bad debts, financial health, minimizing risks for credit institutions and businesses, and promoting reasonable credit growth in the economy. VAMC has a charter capital of 500 billion dong and is 100% owned by the state under the management of inspectors and supervisors of the state bank.

On April 27, 2020, Thanh Do Valuation Company was honored to be selected as the appraisal unit for (VAMC) following Decision No. 3964/VAMC-Ban3 signed by the Director of Vietnam Asset Management Company (VAMC).

Thereby, Thanh Do Valuation Company (TDVC) will conduct the valuation of real estate, enterprise value, factory, machinery and equipment, means of transport, and other assets required by VAMC.

Specifically, Thanh Do Valuation Company provides asset valuation services at the request of (VAMC) for many purposes as follows:

• Conducting asset valuation to recover debt, handling, and settlement of related assets.

• Conducting asset valuation to consider investing in infrastructure upgrades, exploiting, using, and leasing properties that have been confiscated in lieu of debts.

• Conducting asset valuation to convert bad debts into capital and shares of lending customers.

• Conducting asset valuation to manage, monitor and check confiscated assets related to bad debts including relevant records and documents.

• Conducting asset valuation for consulting, brokerage and mortgage settlement of bad debts and related assets.

• Conducting asset valuation to organize auctions, purchases, and sales of bad debts, and related bad debt settlement assets.

• Conducting asset valuation to provide guarantees for organizations, individuals, and businesses to borrow capital from credit institutions that encounter bad debt situations.

• Conducting asset valuation for lawful purposes upon request from VAMC

This cooperation marks a strong step forward for business development cooperation in the field of asset between TDVC and VAMC and credit institutions and enterprises in Vietnam. Thanh Do Valuation Joint Stock Company commits to strictly comply with Vietnam’s Valuation Standards and Vietnamese law in the process of asset valuation.

Thanh Do Valuation Company would like to thank the leaders and all staff of VAMC for trusting and supporting us in the past time.

Experiencing a development process, (TDVC) has affirmed its position and built its reputation; solid brand, and trust with customers and is highly appreciated by organizations, enterprises, and State management agencies. In 2019, Thanh Do was honored to be certified “Prestigious Exclusive Brand – Trademark 2019”. In 2020, Thanh Do was honored with “Prestigious Vietnamese Brand 2020”, and “Trusted Brand 2020”, In 2021 Thanh Do was honored with Top 10 Asia – Pacific Brands, In 2022 Thanh Do was honored with “The ASEAN Gold Brand Award 2022”. Besides, TDVC applies the international standard ISO 9001: 2015 for the quality management system in valuation services (real estate, enterprise value, machinery and equipment, investment projects, construction works) making an important contribution to helping customers make accurate decisions in investment, business and transparent trading in the market.

In addition, Thanh Do Valuation Company is currently a reputable partner providing appraisal services for credit institutions such as Vietnam Asset Management Company (VAMC); Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV); An Binh Commercial Joint Stock Bank (ABBANK); Vietnam Maritime Commercial Joint Stock Bank (MSB); The Vietnam Bank for Agriculture and Rural Development (Agribank); Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank); Woori Bank Vietnam (Woori Bank); Industrial Bank of Korea (IBK); Kookmin Bank (KB Kookmin Bank); National Citizen Bank (NCB); Saigon – Hanoi Commercial Joint Stock Bank (SHB); Military Commercial Joint Stock Bank (MBBANK); Shanghai Commercial Savings Bank… Besides, with a nationwide appraisal system: Hanoi, Da Nang, TP. Ho Chi Minh, Can Tho, Hai Phong, Quang Ninh, Bac Ninh, Bac Giang, Thai Binh, Tuyen Quang, Thanh Hoa, Nha Trang, Lam Dong, An Giang, Ca Mau and other provinces across the country, we will certainly fully and promptly meet the valuation requirements of customers nationwide. Thanh Do with the ISO 9001: 2015 international standard certification for the quality management system in the appraisal service will make an important contribution to helping customers make accurate decisions in business, investment and transparent purchases in the market in the context of strong international economic integration recently.

You are reading the article: “Thanh Do Valuation Joint Stock Company signed a cooperation agreement to provide asset valuation services with VAMC” in the Valuation news column of Thanh Do Valuation Joint Stock Company, a leading asset valuation unit in Vietnam.

Contact for appraisal:  0985 103 666  – 0906 020 090

Website: www.thamdinhgiathanhdo.com