Joint Stock Commercial Bank for Investment and Development of Vietnam – Chuong Duong Branch (BIDV Chuong Duong) announces the auction organization selection as follows:

1. Information of debt:

- Name of customer: Nam Vy Trading Investment Company Limited

- Address: No. 8, Lot 17, Ben Lang Street, Dang Lam Ward, Hai An District, Hai Phong City

- Business Registration: No. 0201163935 issued by Department of Planning and Investment of Hai Phong City on 05 May 2011, amended for the 9th time on 21 February 2017.

- Total outstanding loans as of  01 June 2019 is VND27,110 million, particularly:

+ Principal: VND16,175 million

+ Interest: VND10,935 million

- Securities of the loans:

+ Car: ISUZU D-MAX

+ Nam Vy Boat: No. 39

+ Nam Vy Boat: No. 79

+ Certificate of land use rights No. D0370021 issued by People’s Committee of Hai An District on 09 Sep 1994 to Mr. Quy Van Nguyen; Location at Mieu Village – Du Hang Channel, Hai An District, Hai Phong; Area: 65m2

- Starting price: Total amount of principal on the date of signing auction contract.

2. Time for submission:

The deadline for direct application submission is 05 days from the date of notification (date of documents submitted by post shall be determined by postmark but must be delivered to BIDV Chuong Duong no later than 07 days from the date of notification).

3. Place of submission:

- Joint Stock Commercial Bank for Investment and Development of Vietnam -  Chuong Duong Branch – 41 Hai Ba Trung Street, Hoan Kiem District, Hanoi

- Contacts:

+ Mr. Tuan Ho Hoang – Manager of Risk Management Department (Phone: 0988888385/Email: Tuanhh@bidv.com.vn)

+ Mr. Tung Pham Van – Specialist of Debt Settlement Team (Phone: 0904469888/Email: Tungpv@bidv.com.vn)

4. Selection criteria:

Auction organization must meet criteria specified in Clause 4, Article 56 of the Law on Asset Auction and the following criteria:

- Have asset auction license.

- Have ability and experience in auction activities.

- Have operated for at least 3 years.

- Have at least 3 auctioneers.

- Have at least 3 branches/representative offices.

5. Documents required:

- Enterprise legal document.

- Enterprise capacity and experience profile.

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

- Other documents as required by the Branch.

* Note:

- Notice on selection shall automatically become invalid in case the auction organization is not permitted to conduct auction in accordance with the law.

- BIDV Chuong Duong shall send a written notice of the results to the selected auction organization; those who have not been informed of the results are deemed unsuccessful. We do not return the applications of the unselected organization.