Joint Stock Commercial Bank for Investment and Development of Vietnam - Bac Kan Branch (BIDV Bac Kan) announces the selection of assets auction organization as follows:

1. Information of debt:

- Customer name: Viet Bac Construction And Mining One Member Limited Liability Company.

- Total outstanding loans of customer as of 30 June 2019: VND10,373,419,100, particularly:

+ Principal: VND5,273,240,000

+ Interest: VND5,100,179,100

- Securities of the loan: Exploitation rights of Na Da stone quarry, Minh Lap commune, Dong Hy district, Thai Nguyen province. Remaining time of exploitation is 10 years from 2019.

-  Starting price: VND5,273,240,000

2. Time for submission:

The deadline for direct application submission is 07 days from the date of notification (date of documents submitted by post shall be determined by postmark but must be delivered to BIDV Bac Kan no later than 09 days from the date of notification).

3. Place for submission:

- BIDV Bac Kan Branch; Address: No. 57, Truong Chinh street, Bac Kan city, Bac Kan province

- Contact person: Ta Dinh Phan (email: phantd@bidv.com.vn; Mobile: 0981575979).

4. Selection criteria:

Organizations registering to participate in auction must meet the criterion specified in Clause 4, Article 56 of the Law on Property Auction and the following criteria:

- Having legally property auction function.

- Having at least 3 years of operation.

- Having at least 03 auctioneers.

- Having at least 03 branches / representative offices.

- Reasonable auction costs and remuneration for auction services.

- Other criterion stated by the authorized entity.

5. Application documents:

- Enterprise legal document.

- Enterprise capacity and experience profile.

- Quotation and other commitments of auction organization (if any)

- Other profiles according to the Branch’s requirements