BIDV Dong Bang Song Cuu Long announces the selection of asset auction organization

Publish date
04/10/2019

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Joint Stock Commercial Bank for Investment & Development of Vietnam – Dong Bang Song Cuu Long Branch (BIDV Dong Bang Song Cuu Long) would like to announce the selection of asset auction organization as follows:

1. Property information:

- Name of property: Land use right and assets attached to land according to Certificate No. CD 595791 issued by Natural Resources and Environment Department of Can Tho City on 22 September 2016. Address: No. 53-55A, Vo Van Tan Street, Tan An Ward, Ninh Kieu District, Can Tho City.

- Description:

+ Area: 433.1m2.

+ Building area: 376m2; floor area: 2,779.5m2.

- Reserve price: VND 125,661,800,000  (In-words: One hundred twenty-five billion six hundred sixty-one million and eight hundred thousand Vietnamese Dong)

2. Time of application submission:

The time-limit for direct submitting is 07 days starting from the date of notice (the date which the files were submitted via mailing is attested by date on postmark, provided that they were submitted to BIDV Dong Bang Song Cuu Long within 07 days starting from the date of notice).

3. Place of submitting files:

- Joint Stock Commercial Bank for Investment & Development of Vietnam – Dong Bang Song Cuu Long Branch – Corporate Banking Department.

- Address: No. 53-55A, Vo Van Tan Street, Tan An Ward, Ninh Kieu District, Can Tho City

- Contact person: Mr. Le Duy Phuc, Mobile phone : 090.8787.113. Email : phucld@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.
  • - 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)

*Notes:

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

- BIDV Dong Bang Song Cuu Long 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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