Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) announces the selection of assets auction organization as follows:

1. Information of property

- Land use rights, land-attached properties and machinery in Dong Thap  province.

- Property description:

+ Land use rights:

Land lot no: 207, Map no: 10

Address: My Hiep industrial cluster, My Hiep commune, Cao Lanh district, Dong Thap province

Area: 61.000 m2

Form of use: production and business land

Term of use: 20 July 2061

Origin of land use: leased land from the State with annual land rental.

+ Construction status on land: Offices, factory, machinery and equipment

Address: My Hiep commune, Cao Lanh district, Dong Thap province

Starting price: VND130,000,000,000

2. Time for 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 no later than 07 days from the date of notification).

3. Place of submission:

Debt resolution center (Area 4), Joint Stock Commercial Bank for Investment and Development of Vietnam (Address: 6th floor , 24 Le Thanh Ton, Ben Nghe Ward, District 1, Ho Chi Minh City)

Contact person: Mr. Hoang Xuan Tuan  (Email: tuanhx@bidv.com.vn; tel: 0934657796).

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.

Other criteria required by BIDV

5. Documents required:

Legal documents, description of capacity, experience profile, auction plan.

Auction registration letter and other commitments of the auction organization (if any)

* 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 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.