BIDV announces the debt auction:

Auction property: The debt of Vertical Synergy Vietnam Joint Stock Company at the Joint Stock Commercial Bank for Investment and Development of Vietnam, including all principal balance and outstanding balance of interest and fees incurred up to the time of debt trading. Total outstanding balance as of August 14, 2022 is VND 477,544,626,614 of which principal balance is VND 347,185,752,570, interest balance is VND 130,358,874,044.

The collateral of the debt: Housing use right and residential land use right No. 18966/2022 issued by the People’s Committee of Ho Chi Minh city on September 16, 2022, address 69 (first floor) Pasteur Street, Ben Nghe Ward, District 1, HCM.City, owner: Mr. Hoang Nhu Luan; 12 real estate in An Phu Dong Ward, District 12, HCM.City, owners: Mr. Pham Van Cong and Ms. Pham Thi Nhan; Land use right and land-attached assets in the certificate of land use rights No. AD524525, number in the certificate of issuance book H0231/2006/SDĐ issued by People’s Committee of District 3 – HCMC on February 21, 2006, address: 102 Tran Quoc Thao Street, 7 Ward, District 3, HCM.City, owner: Mr. Tran Van Thong; Inventories.

Starting price: VND 381,579,381,148, pre-order VND 38,157,938,115.

Owner: Joint Stock Commercial Bank for Investment and Development of Vietnam, Address: BIDV Tower, No. 194 Tran Quang Khai Street, Ly Thai To Ward, Hoan Kiem District, Ha Noi City. Where to store debt records: Joint Stock Commercial Bank for Investment and Development of Vietnam – So Giao Dich 2 Branch, address: No. 4-6 Vo Van Kiet Street, Nguyen Thai Binh Ward, District 1, HCM.City.

Time to view, sell and receive auction registration documents: From 8:30 a.m. on August 22, 2022 to 11:00 a.m. on September 05, 2022. Conditions for registering to participate in the auction: all individuals and organizations, except for the cases specified in Clause 4, Article 38 of the Law on Property Auction.

How to register: Location to sell registration documents: At the headquarters of Minh Phap Auction Partnership Company (No. 151 Tran Huy Lieu Street, Ward 8, Phu Nhuan District, HCM.City) and At First Commercial Joint Stock Bank Investment and Development Vietnam – Debt settlement center (7th floor, 24 Le Thanh Ton Street, Ben Nghe Ward, District 1, HCM.City). Location to receive registration documents: At the headquarters of Minh Phap Auction Partnership Company.

Time to receive pre-orders: From 8:30 a.m. on September 5, 2022 to 4:00 p.m. on September 07, 2022.

Organizing the auction: 14:00 p.m on September 08, 2022 at Hop Danh Minh Phap Auction Company at 151 Tran Huy Lieu Street, Ward 8, Phu Nhuan District, HCM.City. Tel 028.38453169, Website: http://minhphap.vn.