Optimizing the Utilization of Surplus Public Assets Following Administrative Restructuring in Viet Nam

Administrative restructuring in Viet Nam has generated a substantial portfolio of public buildings and land requiring productive reassignment. This article combines descriptive statistics and institutional analysis with public value theory and the National Transformational Capacity (NTC) perspective, which emphasizes the ability to organize and coordinate resources into development outcomes. The evidence distinguishes procedural decisions from actual utilization and reveals uneven progress across administrative levels. The study develops a conceptual framework for transforming public assets through spatial classification, inter-agency coordination, life-cycle and social-value assessment, legally appropriate allocation and property-level data monitoring. Proposed indicators focus on occupancy, public services, costs and the creation of development capabilities. The application of NTC is conceptual, not an empirical test of national transformation.