The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) – Sa Pa Branch (BIDV Sa Pa) would like to notice the auction of assets of Minh Thanh Private Company as follows:

1. Information about debt:

- Customer name: Minh Thanh Private Company.

- Address: Group 10, Sa Pa Town, Sa Pa District, Lao Cai Province.

- Legal representative: Nguyen Thi Hoang Dung.

- Business registration certificate No. 5300 299 566, 1st registration made on 4 April, 2009 by Department of Planning and Investment of Lao Cai Province;

- Total outstanding loans of customers as of 31 August, 2018: VND 62.625.742.371 (In words: Sixty two billion, six hundred and twenty five million, seven hundred and forty two thousand, three hundred and seventy one Vietnamese Dong), particularly:

+ Principal: VND18.000.000.000;

+ Accrued Interest Due: VND21,895,310,398;

+ Late charge on principal: VND3,809,527,778;

+ Late charge on interest: VND18,920,904,195;

- Securities of the loan:

No.	Collateral	Property description
01	Land use rights and assets attached to land under Certificate of land use rights No. AO 789739, serial in the register certificates of land use rights No. H 01032 issued by Sa Pa People’s Committee on 24 April, 2009. Name of land user: Nguyen Thi Hoang Dung. Land use right mortgage contract No. 0186.09/HDTC dated 24 June, 2009 and contract amendments.	* Land use rights: - Address of land lot: Group 10, Sa Pa Town, Sa Pa District, Lao Cai Province - Area: 1,298.54 m2. - Uses:  + Private use: 1298.54 m2  + General use: 0 m2 - Purpose of using land:  + Urban land: 550.04 m2;  + Forest garden land: 748.5 m2 - Expiry date:  + Urban land: Long-term;  + Forest land: April 2058 - Source of use: The State allocates land with collection of land use fees * Property attached to land: Hotel block licensed to build 05 floors with a total construction floor area of ​​2,500 m2. In fact, 07 floors built with the total construction floor area of ​​3,203 m2.
02	Land use rights and assets attached to land under Certificate of land use rights No. AO 789739 AK 981847, serial in the register certificates of land use rights No. H 00027 issued by Sa Pa People’s Committee on January 29, 2008 Name of land user: Le Hoang Nam Land use right mortgage contract No. 0186C.09/HDTC dated June 24, 2009 and contract amendments.	- Address of land lot: Group 11, Sa Pa Town, Sa Pa District, Lao Cai Province - Area: 10,000 m2 - Form of use: + Private use: 10,000 m2 + General use: 0 m2 - Purpose of use: Forest garden - Expiry date: April 2046 - Source of use: The State allocates land with collection of land use fees

2. Starting price and deposit

- Starting price of debt sale is: VND30,026,656,400 (In words: Thirty billion, twenty six million, six hundred and fifty six thousand, four hundred Vietnamese dongs).

The starting price excludes the cost of transferring ownership/use rights of property, registration fees and other costs (if any) related to the purchase of the debt. The costs shall be borne by the winner of the auction. The purchase and sale of the debt are not subject to VAT.

- Deposit: Auction participants shall deposit amount equal to 10% of the starting price of debt sale of VND3,002,665,640 (In words: Three billion, two million, six hundred and sixty five thousand, and six hundred and forty Vietnamese dongs).

3. Type of auction: Direct secret ballot auction with ascending price

4. Time and place for purchasing and submitting application:

From 01 March, 2019 to 18 March, 2019 (during working hours) at 7th Floor, Song Hong Building, No.2 Tran Hung Dao, Hoan Kiem, Ha Noi.

5. Time and place for reviewing debt documents and relevant documents:

From 01 March, 2019 to 18 March, 2019 (during working hours) at 7th Floor, Song Hong Building, No.2 Tran Hung Dao, Hoan Kiem, Ha Noi.

6. Time and place for paying the deposit

From 18 March, 2019 to 19 March, 2019 (during working hours), auction participants shall pay deposit via bank transfer to account number 21110000829442 at Joint Stock Commercial Bank for Investment and Development of Vietnam - Hanoi Branch. Beneficiary: Thanh An Auction Company.

7. Time and place of the auction

The auction will be held at 14:30 pm on 21 March, 2019 at 7th Floor, Song Hong Building, No.2 Tran Hung Dao, Hoan Kiem, Ha Noi.

8. Conditions for participation:

- Interested and financially capable individuals and organizations may participate in the auction except the cases specified in Clause 4, Article 38 of the Law on Property Auction No. 01/2016/QH4 on17 November, 2016.

- The debt buyer (auction participants) and the debtor are not “related persons” in accordance with the Law.

9. Contact details:

- Thanh An Auction Company

+ Address: Level 7, Song Hong Building, No.2 Tran Hung Dao, Hoan Kiem, Ha Noi.

+ Contact person: Mr. Luong Ngoc Ha (Tel: 0936.270.066)

- Joint Stock Commercial Bank for Investment and Development of Vietnam – Sa Pa Branch.

+ Address: No.020, Ngu Chi Son Street, Sa Pa Town, Sa Pa District, Lao Cai Province.

+ Contact person: Mr. Duong Xuan Ly (Tel: 0983.136.789).