JSC Bank for Investment and Development of Vietnam hereby announces the selection of assets auction organizations with the following details:

1. Information of assets:

- Auctioned property seller: Bank for Investment and Development of Vietnam., JSC (BIDV). Address: 35 Hang Voi, Hoan Kiem, Hanoi.

- Assets for auction: the debt of Hung Ngan Co., Ltd at So Giao dich 2 Branch.

- The total outstanding amount of the Debt as of 5 February 2020 is VND 518,791, 060,320 (In words: Five hundred and eighteen billion, seven hundred ninety-one million, sixty thousand three hundred and twenty Vietnamese dong), in which the principal is VND 372,020,269,632 and the interest is VND 146,770,790,688.

- Collateral:

+ Land use rights and land-attached assets located at: 51 Hoang Dieu, Ward 10, Phu Nhuan District, Ho Chi Minh City (Land area: 188,4 m2; Construction area: 114,4 m2; Floor area: 809,0 m2); 

+ Land use rights and land-attached assets located at: 130 Ton Duc Thang, Van Chuong Ward, Dong Da District, Hanoi (Land area: 137,6 m2; Construction area: 118 m2; Floor area: 308 m2; Number of floors: 3); 

+ Land use rights and land-attached assets located at: 11 alley 34/2 Nguyen Hong Street, Lang Ha Ward, Dong Da District, Hanoi (Land area: 84 m2; Construction area: 84 m2; Floor area: 252 m2; Number of floors: 3);

+ Assets formed from the loan are part of the project "Commercial & Residential Complex" in Tan Chanh Hiep Ward, District 12, Ho Chi Minh City (excluding 971 apartments of 03 Block A1, A2 and B1 have been tested and handed over to apartment buyers);

+Asset formed in the future is the project "Bai Cua Can Beach Resort" located in Cua Can Commune, Phu Quoc District, Kien Giang Province (Phu Quoc Economic Zone Authority has issued Decision No. 239 / QD-BQLKKTPQ, December 24, 2018 terminated the project's operation due to the investor's inability or ability to perform according to the registration schedule).

2. Auctioned property seller: Bank for Investment and Development of Vietnam., JSC (BIDV).

Address: 35 Hang Voi, Hoan Kiem, Hanoi.

3. Auction institution: Truong Thinh Auctions Partnerships Company

Address: 46 Street No. 2, Chu Van An Residential Area, Ward 26, Binh Thanh District, Ho Chi Minh City.

4. Starting price: VND 395,852,000,000 (In words: Three hundred ninety five billion, eight hundred fifty two million dongs). The price is not subject to VAT, exclusive of costs related to the transfer of ownership/ user of property, registration fee and other expenses (if any); upon the purchase of property, the costs are incurred will be pay by the purchaser.

5. Deposit: VND 39,585,200,000 (In words: Thirty nine billion, five hundred eighty five million, two hundred thousand dongs) equivalent to 10% of the starting price.

6. Price of a set of auction documents: VND500,000/1 set

7. Time and place for selling records and receiving auction dossier: From 08:00 a.m. on 27 May 2020 to 05:00 p.m. on 19 June 2020 at the head office of Truong Thinh Auction Partnerships Company and at BIDV Debt Treatment Center – Address: 6th floor, no. 24 Le Thanh Ton, Ben Nghe Ward, District 1, Ho Chi Minh City – Contact phone: 028.62762586.

8. Time and place of debt consideration: From 08:00 a.m. on 27 May 2020 to 05:00 p.m. on 19 June 2020 at the head office of Truong Thinh Auction Partnerships Company.

9. Time, place, conditions and method of registering for auction participation:

- Time of registering for auction participation: During time for selling records and receiving auction dossier.

- Conditions of registering for auction participation: Individuals and organizations that have demand and financial capability may register to participate in the auction, except for cases specified in Clause 4, Article 38 of the Law on Property Auction No. 01/2016 / QH14 dated November 17, 2016.

- Place and method of registering for auction participation: Customers apply directly at the head office of Truong Thinh Auction Partnerships Company and at BIDV Debt Treatment Center – Address: 6th floor, no. 24 Le Thanh Ton, Ben Nghe Ward, District 1, Ho Chi Minh City.

10. Deadline for deposit: During office hours on June 17th, 2020, June 18th, 2020 and June 19th, 2020, unless otherwise agreed by the auction institution and participants but before the opening of the auction.

- Organizations and individuals eligible to participate in the auction submit a valid bidding dossier and pay deposit to Truong Thinh Auction Company as prescribed.

11. Time, location of auction: At 09:00 a.m. on June 22th, 2020 at the head office of Truong Thinh Auction Partnerships Company, address: 46 Street no. 2, Chu Van An Residential Area, Ward 26, Binh Thanh District, Ho Chi Minh City.

12. Form of auction: Verbally at auction.

13. Method of auction: Bidding up.