The Joint Stock Commercial Bank for Investment and Development of Vietnam – Phu Quy Branch (BIDV Phu Tai) hereby announces the selection of asset auction organization as follows:

1. Asset information:

a. Property auction: Factory, the whole system of machinery and equipment for production of refined sugar, alcohol and wine.

- Expected starting price: VND114.353.511.691

b. Property auction: System of machinery and equipment of the sugarcane pressing line; 910 tons of cane/day

- Expected starting price: VND36.998.800.000

All of the aforementioned properties were handed over to BIDV Phu Tai by Van Phat Wine Co., Ltd &,Van Phat Trading General Production Co.,Ltd  to handle sales by: Mortgage transfer handover minutes - March 5, 2020.

2. Deadline for application submission:

The deadline for direct application submission is 07 days from the date of notification (date of documents submitted by post shall be determined by postmark but must be delivered to BIDV Phu Tai no later than 09 days from the date of notification).

3. Address for application reception:

- Joint Stock Commercial Bank for Investment and Development of Vietnam - Phu Tai Branch.

- Address: 340 Lac Long Quan Street, Tran Quang Dieu Ward, Quy Nhon City, Binh Dinh Province.

- Contact point: Mr. Giap Hoang Khiem (Email: khiemgh@bidv.com.vn; Telephone: 0982334458).

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.

5. 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 Phu Tai 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.