BIDV Chuong Duong announces the selection of asset auction organization

Publish date
11/09/2019

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

1. Information of debt:

- Name of customer: Dat Viet Trade, Investment and Development Joint Stock Company

- Address: Building 26-81/35, 9th Floor, Linh Lang, Cong Vi Ward, Ba Dinh District, Ha Noi.

- Debt includes:  Total outstanding as of 30 June 2019: VND43,851 million.

2. Securities:

- Certificate of Land use right, house ownership and other properties associated with land No. 10101152629 issued by Ba Dinh District People’s Commitee, Hanoi on 26 August 2003.

- Address: Co Dien Village – Hai Boi Commune – Dong Anh District – Hanoi

- Description:

+ Land No.: 6; Map No.: 7E-II-36

+ Address: No. 12+13 Lot B, Area 2, 1ha Group 23 Cluster 1 Cong Vi Ward, Ba Dinh District, Hano

+ Area: 81.8 m2

+ Purposes of use: Private use: 81.8 m2; General use: 0 m2

+ Time of use: Long term

+ Asset attached to land: 9.5 floor concrete house.

3. Time for submission:

The time-limit for direct submitting is 07 days starting from the date of notice (the date which the files were submitted via mailing is attested by date on postmark, provided that they are submitted to BIDV Chuong Duong within 09 days starting from the date of notice).

4. Place for submisstion:

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

- Contact person: Mr. Hieu Van Pham– (email: Hieupv@bidv.com.vn; Phone: 0913289529)

5. 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.

6. 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 unselected organization.

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