BIDV Chau Thanh Sai Gon announces the selection of asset auction organization of Van Hung Loi Company

Publish date
04/03/2021

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Joint Stock Commercial Bank for Investment and Development of Vietnam – Chau Thanh Sai Gon Branch (BIDV Chau Thanh Sai Gon) would like to announce the selection of asset auction organizations as follows:

1. Information of asset:

Customer name: CONG TY TNHH TM SX DT VAN HUNG LOI

Owner: Mr. Nguyen Minh Khai

Securities of the loan:

Land use rights and assets attached to land according to the Certificate of land use rights No. CA 070735, issued by  District 9 People’s Committee on 10/04/2015.

Description:

+ Land lot No. 649; Map number: 19

+ Address: Long Truong Ward, District 9, Ho Chi Minh City

+ Land area: 774,9 m2

+ Form of use: Private

+ Land use purpose: Land for cultivation of perennial trees

+ Using time-limit: 01/7/2065

+ Assets attached to land: No

2. Starting price: 4.069.000.000 VND

3. 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 Chau Thanh Sai Gon no later than 07 days from the date of notification).

4. Address for application submission:

- Joint Stock Commercial Bank for Investment and Development of Vietnam - Chau Thanh Sai Gon Branch, 497 Nguyen Oanh Street, Ward 17, Go Vap District, Ho Chi Minh City.

- Contact person: Mr. Truong Duy Hoang – Email: hoangtd@bidv.com.vn; Tel.: 0366043555

5. 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.

- Having an auction room and auction information system.

- Having a description of capacity, prestige and experience.

6. 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 Chau Thanh Sai Gon 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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