Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) announces the selection of asset valuation organization as a debt as follows:

1. Asset information

- Name of asset: A debt of Western Organic Produce Corporation incurred at BIDV – District 3 Ho Chi Minh City Branch.

- Asset description: Temporarily as of September 28, 2022, the outstanding debt of BIDV Bank's debt requiring valuation is: VND 86.510 million, of which (Principal debt: VND 48.787,9 million; Excess debt interest debt: VND 37.723 million).

- Asset name:

Numerical order	Debt security assets
1	Land use right at parcel of land No 481, map sheet No 3 –X.PH-H.TĐ. Adress: 180A Tan Dien A Hamlet, Phu Huu Ward, District 9, Ho Chi Minh City.
2	Land use right, ownership of houses and assets attached to land at parcel of land No 239, map sheet 8. Adress: Tan Trung Commune, Phu Tan District, An Giang Province. Area: 7852 m2, purpose of using land: Land of industrial area, term of land use: December 28, 2068

2. Time to receive records:

Deadline for direct submission is 05 days from the date of notice on website: bidv.com.vn (dossier sent by post is calculated by postmark into 07 days from the date of notice).  

3. Location to receive records:

- Loan workout center (Area 4) - Joint Stock Commercial Bank for Investment and Development of Vietnam (Address: 24 Le Thanh Ton, Ben Nghe Ward, District 1, Ho Chi Minh City).

- Contact person: Mr. Le The Anh (Email: anhlt31@bidv.com.vn, Mobile: 0938.396.766).

4. Selection criteria:

- The selected enterprises have to belong The Ministry of Finance public list of asset valuation organizations which meet the requires of valuation activities.

- The selected enterprises don’t belong to the company that weren’t appraised property by regulation of The Law of Price and implementation guidelines.

- The enterprise headquarter/Branch/Representation office were located at Ho Chi Minh City.

5. Registration file included:

- Enterprise legal documents.

- Description of capacity and experience.

- Letter of quotation, other commitments of the asset price appraisal enterprise (In which the content of the price letter indicates the contents such as the preliminary expected valuation value of the valuation property, the price level ...).

*Note:

- The registration application will be expired in case the valuation enterprise is not appraised in accordance with the law.

- BIDV will send a written notice of the results to the selected enterprises. The ones which do not receive the notice, are considered as not being selected and BIDV will not return application to the unqualified enterprises.

Best regards ./.