Joint Stock Commercial Bank for Investment and Development of Vietnam - Bac Ha Noi Branch (BIDV Bac Ha Noi) announced the selection of assets auction organization as follows:

1. Information of assets:

- Customer information:

+ Name: Nam Anh Production and Trade service Ltd. Company

+ Add: No 279 Hoang Quoc Viet street, Nghia Tan ward, Cau Giay district, Ha Noi

- Total outstanding loans of customer as of 1 April 2019 is VND184,271,122,104. Particularly:

+ Outstanding principal: VND82,669,371,000

+ Accrued Interest Due and Late charge: VND101,601,751,104

- Starting price: VND82,669,371,000 (In words: Eighty two billion, six hundred sixty nine million, three hundred seventy one thousand Vietnamese Dong)  

2. Time for submission:

The deadline for direct application submission is 05 days from the date of notification (date of documents submitted by post shall be determined by postmark but must be delivered to BIDV Bac Ha Noi no later than 07 days from the date of notification).

3. Place of submission:

- Joint Stock Commercial Bank for Investment and Development of Vietnam - Bac Ha Noi Branch, Business customer department 2

- Address: Số 137A Nguyen Van Cu St, Ngoc Lam Ward, Long Bien District, Ha Noi.

- Contact: Mrs Hoang Thi Huyen Trang- Business customer department 2

- Phone number: 0987.355.940

- E.mail: tranghth@bidv.com.vn

4. Selection criteria:

Auction organization must meet criteria specified in Clause 4, Article 56 of the Law on Asset Auction and the following criteria:

- Have asset auction license.

- Having operated for at least 03 years.

- Have at least 03 auctioneers.

- Have at least 03 branches/ representative offices.

- Other criteria according to the Branch’s requirements

5. Application documents:

- Enterprise legal document.

- Enterprise capacity and experience profile.

- Quotation and other commitments of auction organization (if any)

- Other profiles according to the Branch’s requirements

* Notes:

- The application automatically becomes invalid in case auction organization is not permitted to conduct auction in accordance with the law.

- BIDV Bac Ha Noi shall send a written notice of the results to the selected auction organization; those who have not been informed of the results are deemed unsuccessful. We do not return the application of unselected organizations.