BIDV HCM would like to announce the auction of assets as follows:

1. Information of property

- Seller:  Bank for Investment and Development of Vietnam JSC. Address: 35 Hang Voi Street, Hoan Kiem District, Hanoi

- Authorized entity: Bank for Investment and Development of Vietnam – Ho Chi Minh City Branch. Address: 134 Nguyen Cong Tru Street, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City.

- Land use rights and asset attached to land according to Certificate of land use rights No. 2441/SXD issued by Construction Department of Ho Chi Minh City on 16 March 2004, change on 22 November 2016 for Mr. Nguyen Van Tu.

- Property description: Land lot No.35 Map No.8 (BĐĐC). Using land area: 94.9 m2; Total area: 111,4 m2.

- Address: No.948/11 Bis, Lo Gom Street, Ward 8, District 6, Ho Chi Minh City.

2. Starting price: VND5,000,000,000  

Conveyance fee and Notary fee will be charged to asset buyer.

Deposit: VND500,000,000 (10% of the starting price).

Bid increment: minimum of VND20,000,000

3. Time and place for reviewing property:

From 8:30 am July 15, 2019 to 16:00 pm July 30, 2019 at the place of property (No.948/11 Bis, Lo Gom Street, Ward 8, District 6, Ho Chi Minh City).

4. Time and place to buy auction documents:

From 8:30 am July 15, 2019 to 16:00 pm July 30, 2019 at either:

- Minh Phap Auction Head office: No. 151 Tran Huy Lieu Street, Ward 8, Phu Nhuan District, Ho Chi Minh City.

- or BIDV Ho Chi Minh City Branch Head office: No.134 Nguyen Cong Tru Street, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City.

- Price of a set of auction documents: VND500,000/1 set

5. Time and place for deposit: Deposit should be placed from 8:30 am July 30, 2019 to 16:00 pm August 1st, 2019 on Minh Phap Auction account: 31010001012469 opened at BIDV Ho Chi Minh City Branch.

6. Time and place for submitting application: From 8:30 am July 15, 2019 to 16:00 pm July 30, 2019 at Minh Phap Auction -  No. 151 Tran Huy Lieu Street, Ward 8, Phu Nhuan District, Ho Chi Minh City.

7. Time and place of the auction: office hours on August 2, 2019 at Minh Phap Auction -  No. 151 Tran Huy Lieu Street, Ward 8, Phu Nhuan District, Ho Chi Minh City.

8. Bidding methods:

- Direct Auctioning by words at the auction place, unlimited rounds.

- Auction rules: bidding incremental.

9. Contact information:

Minh Phap Auction -  No. 151 Tran Huy Lieu Street, Ward 8, Phu Nhuan District, Ho Chi Minh City

Contact person: Mr. Dang Thai Sơn – Tel: 0903 216 826

or BIDV Ho Chi Minh City Branch Head office: No.134 Nguyen Cong Tru Street, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City.

Contact person: Mr. Nguyen Thanh Sơn – Tel: 0918 061 225; Mr. Vo Tien Nam - Tel: 0936 037 939