BIDV Phu Dien announces the selection of property auction organizations

Publish date
13/05/2019

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Joint Stock Commercial Bank for Investment and Development of Vietnam – Phu Dien Branch (BIDV Phu Dien) hereby announces the selection of property auction organizations as follows:

1. Information of property:

- Seller: Vietnam Asset Management Company (VAMC). Address: 22 Hang Voi Street, Hoan Kiem District, Hanoi.

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

- Land use right and asset attached to land according to Certificate of land use rights No. BD 319546 issued by People’s Committee of Quynh Luu District on 24 January 2011 for Mr. Cao Thanh Tu and Mrs. Dau Thi Lan Anh.

- Property description: Land lot No.470, Map No.117-65A. Total area: 297 m2. Assets attached to land: house with three floors, six bedrooms, one living room, one kitchen, total area 350m2 (Currently, ownership of the asset have not certified on the Certificate of land use rights yet).

- Address: No.3 Ward, Cau Giat Town, Quynh Luu District, Nghe An Province.

- Reserve price: VND1,670,000,000  (In words: One billion six hundred and seventy million Vietnamese Dongs).

2. Time for submission:

The time-limit for direct submitting is 05 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 are submitted to BIDV Phu Dien within 07 days starting from the date of notice)

3. Place for submission:

BIDV Phu Dien, Risk management department. Address: No.4 Ward Dien Chau town, Dien Chau District, Nghe An Province.

Contact person: Mr. Le Xuan Thang - (email: thanglx2@bidv.com.vn; tel: 0987.206.755)

4. Criteria for selection:

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

- Having legally property auction function.

- Having at least 3 years of operation.

- Having at least 03 auctioneers.

- Having at least 03 branches / representative offices.

- Other criterion stated by the authorized entity.

5. Application includes:

- Organization legal documents (business registration, registration of signature and seal etc.)

- A written description of competence and experience.

- Price quotation, other commitments of the auction organization (if any).

- Other documents required by authorized entity.

Note:

- Application documents of the unselected organizations will automatically be expired.

- BIDV Phu Dien will issue a written notice of the result to the selected property auction organization, those not being selected will not receive such notice. BIDV Phu Dien will not return the documents to the unselected organizations.

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