The People’s Committee of Tuyen Quang Province has recently announced a comprehensive public asset inventory across the province, scheduled for January 1, 2026, at 00:00. This marks the first large-scale review following the province’s administrative restructuring and the implementation of a two-tier local government model. The inventory aims to standardize data, centralize management, and optimize the utilization of public assets during this new development phase.
According to the plan, the inventory will cover all government offices, land, machinery, official vehicles, commercial facilities, transportation infrastructure, irrigation systems, cultural and sports facilities, markets, industrial zones, economic zones, and other state-assigned assets managed by public service units or enterprises. All assets, whether in use, surplus, deteriorated, or underutilized, will be measured, valued, and recorded using a standardized template.
Tuyen Quang conducts a comprehensive public asset inventory post-merger.
The plan clearly outlines the responsibilities of each agency. The Department of Finance will lead the initiative, providing training, monitoring progress, and compiling reports for submission to the Provincial People’s Committee and the Ministry of Finance. Specialized departments will guide the inventory of assets within their respective domains: the Department of Construction for urban infrastructure and government offices; the Department of Transportation for roads; the Department of Agriculture and Rural Development for irrigation systems; the Department of Industry and Trade for industrial infrastructure; the Department of Culture, Sports, and Tourism for cultural and sports facilities; and the Management Board of Industrial and Economic Zones for their respective infrastructure. This decentralized approach ensures a practical, non-overlapping, and methodologically consistent inventory process.
At the local level, People’s Committees of communes, wards, and towns must establish Inventory Steering Committees by November 30, 2025. The inventory will be conducted from January 1, 2026, to March 31, 2026. Upon completion, each unit must submit a consolidated report to the Department of Finance by April 15, 2026, enabling the province to finalize the provincial report by May 31, 2026.
According to provincial leaders, the primary goal of this inventory is not merely to ensure accurate counts and valuations but to establish a comprehensive public asset database. This database will support state financial reporting, prevent losses and waste, and promote efficient asset utilization.
With a digitized and centralized asset management system, the province will be better equipped to plan infrastructure use, address surplus office space, develop land exploitation strategies, and repurpose underutilized assets.
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