Who is Asia Legal Group?
Asia Legal Group (ALG) – formally known as Hãng Định giá & Kiểm toán Châu Á – is a valuation and auditing enterprise licensed and supervised by the Ministry of Finance of Vietnam. Our expertise spans valuation, auditing, and legal advisory – the essential pillars for preparing documentation, coordinating judicial asset auctions, and ensuring full compliance with Vietnamese law and market standards.
⚠️ Important note: Asia Legal Group is not itself an auction company. Instead, ALG provides valuation, legal due diligence, documentation, and coordination, while partnering with licensed asset auction organizations under Vietnam’s Asset Auction Law.
Auction Company Vietnam
Target Clients & Key Challenges
1. Banks / Asset Management Companies (AMC & VAMC)
Need fast, transparent disposal of collateral (real estate, machinery, vehicles).
Reduce litigation risks and maximize debt recovery value.
2. Project Developers & Real Estate Investors (land use rights auctions for projects)
Require reserve prices aligned with the new land valuation framework (2024–2025).
Clean legal dossiers, transparent communication, and effective online/offline auction platforms.
3. Public Units, SOEs, Government Agencies
Must comply with strict public asset disposal rules.
Ensure transparency, publication on the National Asset Auction Portal.
4. Private Enterprises / SMEs (equipment liquidation)
Want quick sales at fair value with transparent costs.
Minimize risks of post-auction disputes.
5. Domestic & Foreign Investors
Need curated opportunities, legal risk assessment, optimal tax/financial structuring, and post-auction transaction support.
Legal Framework (Updated 2024–2025)
Asset Auction Law 2016 (01/2016/QH14) – Establishes principles, procedures, deposit requirements (5–20% of reserve price).
Amendment Law 37/2024/QH15 – Effective June 2024; formalizes online auctions and the National Auction Portal.
National Asset Auction Portal (dgts.moj.gov.vn) – Managed by the Ministry of Justice; official platform for publication and results.
Land Law 2024 & Real Estate Business Law 2023 – Effective August 2024; directly impacts auctions of land use rights (LURs).
Decree 71/2024/ND-CP & Decree 226/2025/ND-CP – Introduce updated land valuation methods (comparison, income, surplus, adjustment coefficients).
Circular 20/2024/TT-BTP – Effective January 1, 2025; provides the official service fee framework for asset auctions.
Asia Legal Group’s One-Stop Services for Judicial Asset Auction Vietnam
Valuation & Reserve Price Setting (real estate, LURs, machinery, secured assets).
Legal Due Diligence & Documentation – Verify ownership, encumbrances, tax obligations, auction eligibility.
Auction Planning – Decide format (offline/online), risk management (default prevention), publication strategy.
Coordination with Licensed Auction Houses – Selection via national portal, compliant contracts under Circular 20/2024.
Auction Management – Receiving dossiers, deposits (5–20%), property inspection, handling disputes.
Post-Auction Support – Drafting sale/transfer contracts, tax and fee settlement, title registration.
Step-by-Step Auction Process (Legally Compliant & Market-Oriented)
- Feasibility & Strategy – Define objectives (expected price/speed), buyer profile, auction format.
- Valuation – Apply correct methods under Decree 71/2024 & 226/2025, prepare valuation certificate.
- Legal Review – Verify title, restrictions, and compliance with auction laws.
- Auctioneer Selection – Publicly select a licensed auctioneer via the National Portal.
- Publication & Registration – Announce auction, collect dossiers and deposits.
- Auction Session – Conduct live/online auction, handle technical/legal incidents.
- Settlement & Transfer – Collect payments, settle taxes/fees, transfer ownership, and publish results.
Case Example (Hypothetical)
Auction of 5 hectares of LUR for light industrial park.
ALG applies surplus method + adjustment coefficient to set reserve price.
Online auction format with 20% deposit to reduce default risk.
Result: Final price 15% higher than reserve, transfer completed smoothly due to compliant dossier.
Client-Specific Benefits
Banks/AMCs: Faster collateral liquidation, higher recovery, reduced litigation.
Real Estate Developers: Market-accurate reserve prices, legal compliance for projects.
Government Agencies: Full transparency, minimized post-audit risks.
SMEs: Cost-efficient, fast liquidation with dispute prevention.
Investors/FDI: Risk-filtered opportunities, structured SPV/tax strategies.
Why Choose Asia Legal Group?
Licensed & Supervised by Ministry of Finance – Trusted compliance assurance.
Integrated Legal + Valuation + Finance Services – Single-window, efficient execution.
Multi-asset Experience – Real estate, machinery, infrastructure, vehicles, exploitation rights.
Networked Ecosystem – Licensed auctioneers, trading platforms, and investors.
Auction Company Vietnam Service
FAQ (2025 Update)
1. Are online auctions mandatory in Vietnam?
Not always, but online auctions are now the default trend under Amendment Law 37/2024.
2. What is the current deposit requirement?
5–20% of reserve price (per Asset Auction Law 2016).
3. Can FDI enterprises participate in land use right auctions?
Yes, provided legal conditions under Land Law & Investment Law are satisfied (e.g., forming an SPV in Vietnam).
4. Where are auctions announced?
On the National Asset Auction Portal (dgts.moj.gov.vn).
5. How are service fees calculated?
Based on Circular 20/2024/TT-BTP (effective January 2025), plus reasonable additional costs under service contract.
6. How is the reserve price determined?
Under Decree 71/2024 & Decree 226/2025, applying updated land valuation methodologies.
For Asset Owners: Begin with valuation, legal checks, and transparent publication strategy; opt for online auctions for wider competition.
For Bidders/Investors: Prepare financial, legal, and technical documents early; plan funding to avoid deposit forfeiture.
👉 Contact Asia Legal Group today via https://dinhgiaav.com/ for professional, legally compliant financial audit services in Vietnam.
Source: Asia Legal Group – Licensed and supervised by the Ministry of Finance, Vietnam.
Tel: 028 6674 3333 - 0945 009002 (Mr. An - VP)
Website: https://dinhgiaav.com/
Address: 6-8 Phan Huy Thuc, Tan Hung Ward, HCMC, VIET NAM
https://maps.app.goo.gl/Xj2bH7djxmCxJYjv6?g_st=iz
https://www.facebook.com/thamdinhgiachaua
2025 Nationwide Check of New/Old Communes/Wards – Court Addresses, People's Committee Headquarters, etc.: https://xaphuongmoi.dinhgiaav.com/
Preliminary Land Valuation by Any Location Nationwide in 1 Minute: https://aavc.dinhgiaav.com
