BIDV Cau Giay looking for an auction house for auctions of property

Publish date
20/02/2019

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Joint Stock Commercial Bank for Investment and Development of Vietnam - Cau Giay Branch (BIDV Cau Giay) is looking for an auction house for auctions of property as follows:

1. Property information:

- Auctioned property: 04 Land use rights and assets attached to land according to Land Use Rights Certificates No. AD 493586, AD 493585, AD 493588 and AD 493587 issued by Hoc Mon District People's Committee of Ho Chi Minh City March 23, 2007.

- Property description:

+ Land use right:

• The right to use four adjacent parcels of land, each is granted a separate land use right certificate.

• Area: 160m2 / parcel of land. Total area of ​​640m2

• Form of use: Private 160 m2 / parcel of land; Common 0 m2.

• Purpose of use: Residential land in urban areas

• Shelf life: Long term

• Origin of land use: The State allocates land with collection of land use fees

• Legal: fully in accordance with the law

+ Assets attached to land:

The entire housing and factory building of 640m2 area was built on the land plots No. 656-354, 656-355, 656-356 and 656-357, the map No. 1.3 in Ba Diem commune, Hoc Mon district, Ho Chi Minh City (Currently ownership of assets attached to land not yet recorded on land use right certificate).

- Property address: Land plots  No. 656-354, 656-355, 656-356 and 656-357 map table number 1.3 in Ba Diem commune, Hoc Mon district, Ho Chi Minh City

- Assets owner: Vietnam Asset Management Company (VAMC). Address: 22 Hang Voi, Hoan Kiem, Hanoi

Authorized entity: BIDV Cau Giay. Address: No. 263 Cau Giay, Hanoi.

- Starting price: VND 9,600,000,000 (Nine billion, six hundred million Vietnamese dongs)

2. Application period:

Application deadline is 07 days from the date of notification (during office hours).

3. Place of submission:

- Joint Stock Commercial Bank for Investment and Development of Vietnam- Cau Giay Branch, 263 Cau Giay Road, Dich Vong Ward, Cau Giay District, Hanoi City.

- Contact point: Mr. Tran Hoai Nam - Enterprise Customer Department 2 (email: namth5@bidv.com.vn; phone number: 0975.838.575).

4. Selection criteria:

Organizations registering to participate in auctions must meet the criteria specified in Clause 4, Article 56 of the Law on Property Auction and the following criteria:

- Being legally operating in property auctions.

- Having at least 3 years of operation time.

- Having at least 03 auctioneers.

- There are at least 03 branches / representative offices.

- Remuneration for auction services, reasonable auction costs.

- Other criteria required by BIDV Cau Giay Branch.

5. Registration dossier includes:

- Business legal documents.

- A description of competence and experience.

- Letter of offer, other commitments of the auction organization (if any).

- Other records required by the Branch.

BIDV Cau Giay will issue a written notice of the result to the selected auction organization, those who are not informed of the result are not selected, BIDV Cau Giay does not return the documents to the ones selected.

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