Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) announces the selection of an organization to auction the debt of Vinh Long Foodstuff Joint Stock Company at Vinh Long Branch as follows :

1. Debt information:

- The entire debt of Vinh Long Foodstuff Joint Stock Company at BIDV Vinh Long Branch.

- Address: No. 38, 2/9 Street, Ward 1, Vinh Long City, Vinh Long Province.

- Starting price: VND 43,975,230,278 (Total principal, interest and fees at the time of signing the debt auction contract, provisionally calculated until June 9, 2025)

- Assets securing the debt include:

(1) The assets attached to the land are the office and fence of Vinh Long Foodstuff Joint Stock Company located at 38, 2/9 Street, Ward 1, Vinh Long City, Vinh Long Province .

(2) The property attached to the land is the garage of Vinh Long Foodstuff Joint Stock Company located at Hung Dao Vuong Hamlet, Ward 1, Vinh Long City, Vinh Long Province .

(3) Assets are receivables of Docimexco company .

2. Application deadline :

The deadline for direct application submission is 07. working days (09 days according to the postmark) from the date of public announcement on BIDV's website (website: http://bidv.com.vn ) and the specialized website on property auctions of the Ministry of Justice.

3. Place of submission:

- Joint Stock Commercial Bank for Investment and Development of Vietnam – Debt settlement department of Mekong Delta region.

- Address: No. 53 Vo Van Tan, Ninh Kieu Ward, Can Tho City.

- Contact: Mr. Duong Hong Phuc - Phone : 0907.49.69.07 .

4. Selection criteria:

- Necessary facilities and equipment to ensure the auction of the type of property to be auctioned .

- Feasible and effective auction plan .

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

- Auction service fees and appropriate property auction costs .

- Listed in the list of property auction organizations announced by the Ministry of Justice .

- Has a minimum operating time of 03 years.

- There must be at least 03 auctioneers.

- Other criteria as required by the Unit.

5. Registration documents include:

- Business legal documents.

- Description of capacity and experience.

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

- Other documents as required by the Unit.

* Note:

- The selection notice shall automatically expire in case the auction organization is not allowed to bid according to the provisions of law.

- BIDV There will be a written notice of the results to the selected auction organization. Units that are not notified of the results are understood to be not selected. BIDV will not return the documents to units that are not selected. /.