TP Dong Nai has an estimated squad value of approximately €2.8 million on Transfermarkt but no points after three V.League rounds. Thanh Nien's October 16 analysis examines the contrast between that valuation and early performances.

Valuation is not actual expenditure

The report cites €800,000 for Andrei Ivan and €750,000 for Andrija Majdevac, with the overall squad ranked eighth among 14 clubs in that database.

These are reference estimates rather than confirmed club budgets, fees paid or accounting asset values. Comparisons with Thanh Hoa and Bac Ninh, each around €1.15 million in the same system, do not guarantee a corresponding sporting order.

Results and personnel changes

TP Dong Nai lost 2-0 to The Cong Viettel, 1-0 to Ha Tinh and 3-0 to CAHN. It has scored no goals and conceded six in that opening sequence.

Ivan played 270 minutes without a goal or assist in the cited data. That describes an early period rather than his entire prospective contribution.

The analysis also discusses Tran Minh Vuong's departure after the promotion season, when he scored nine times in 23 appearances across competitions.

Cong Phuong, Xuan Truong and other experienced players feature in the question of how the team creates new momentum. Coach Nguyen Viet Thang has pointed to reliance on experience without the same national-team resources as some opponents.

Personnel strategy and integration are the writer's proposed areas for improvement. The three-game assessment neither establishes actual spending nor determines the team's eventual league status.