BIDV Binh Chanh announces the selection of asset valuation organization

Publish date
09/06/2020

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Bank for Investment and Development of Vietnam - Binh Chanh Branch (BIDV CN Binh Chanh) announces the selection of property auction organization as follows:

1. Property information:

1.1 Property name: Land use right, Ownership of houses and other properties associated with land No. 373735 issued by Vung Tau City People's Committee on June 15, 2016.

- Property description

- Address of property: 109 Tran Phu, Ward 5, Vung Tau City, Ba Ria Vung Tau Province.

- Starting Price: VND79,600,000,000 (in words: Seventy-nine billion and six hundred million Vietnamese dong)

1.2 Property name: Land use right, house ownership and other properties associated with the land with the original file number CE 954358 issued by Department of Natural Resources and Environment on December 28, 2016, the number recorded in the certificate of issuance: CT 59731.

- Property address: 05 Kinh Duong Vuong Street, Ward 12, District 6, Ho Chi Minh City.

- Starting price: VND97,812,000,000 (in words: Ninety seven billion eight hundred and twelve million Vietnamese dong)

2. Deadline for application 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 Binh Chanh no later than 07 days from the date of notification).

3. Location of submission:

- Bank for Investment and Development of Vietnam - Binh Chanh Branch, Division of Corporate Planning

- Contact person: Mr. Tran Le Tan Hieu (Email: hieutlt@bidv.com.vn; Telephone: 0973571102).

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.

- Have ability and experience in auction activities.

- Have operated for at least 3 years.

- Have at least 3 auctioneers.

- Have at least 3 branches/representative offices.

5. Documents required:

- Enterprise legal document.

- Enterprise capacity and experience profile.

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

- Other documents as required by the Branch.

* Note:

- Notice on selection shall automatically become invalid in case the auction organization is not permitted to conduct auction in accordance with the law.

- BIDV Binh Chanh 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 applications of the unselected organization.

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