BIDV Long Bien Hanoi announces the selection of an asset auction organization as follows:

1. Information of assets:

Name: All outstanding loans of Duc Vuong Investment and Development Joint Stock Company at BIDV Long Bien Hanoi Branch, provisional value as of 12/07/2022 is: 78,962,887,940 VND and 382,354.39 USD.

- Starting price: The entire loan principal and interest, and penalty fees of the debt up to the date of signing the debt auction service contract.

2. Deadline for application submission:

Deadline for direct submission is 05 days from the date of notification (documents submitted by post are calculated according to the postmark, provided that BIDV Long Bien Hanoi must receive them within 07 days from the date of notification. newspaper).

3. Place of submission:

- Joint Stock Commercial Bank for Investment and Development of Vietnam - Long Bien Ha Noi Branch, Division Customer 2

- Address: 137A Nguyen Van Cu St, Ngoc Lam Ward, Long Bien District, Ha Noi.

- Contact: Mr. Tran Duy - Deputy head of Division Customer 2

- Phone number: 024 22207566.

- E.mail: duyt@bidv.com.vn

4. Selection criteria:

- Necessary facilities and equipment to secure the auction for the type of asset to be auctioned.

- The auction plan is feasible and effective.

- Capacity, experience and reputation of the asset auction organization.

- Remuneration for auction services, appropriate property auction costs.

- Being on the list of asset auction organizations announced by the Ministry of Justice.

- Has a minimum operating period of 3 years.

- There are at least 03 auctioneers.

- Experience working with BIDV Long Bien Hanoi.

5. Registration dossier includes:

- Legal documents of enterprises.

- Description of qualifications and experience.

- Letter of bid, relevant documents according to Section 4 of this Notice, other commitments of the auction organization (if any).

* Note:

- The registration dossier automatically expires in case the auction organization is not allowed to auction according to the provisions of law.

- BIDV Long Bien Hanoi will send a written notice of the results to the selected auction organization, those who are not notified of the results are considered not selected, BIDV Long Bien Hanoi will not return the documents. with unselected units.