BIDV Phu Yen announces the selection of asset auction organizations for customer Hoang Thi Chung as follows:

1. Name of property: Land use rights and property attached to the land of Mr. Truong Quang Bao and Mrs. Hoang Thi Chung according to the Certificate of Land use rights, ownership of houses and other land-attached assets No.BS731240. Description of the property:

- Land lot no: 102; Map sheet no: 108;

- Address: Tan Yen village, Ealy Commune, Song Hinh district, Phu Yen Province;

- Area: 1.349,2 m2;

- Form of use: Private use;

- Propose of use: Urban residential land (150 m2) and land for perennial crop (1.192 m2);

- Time-limit of use: Long term

- Origin of use: The State allocates land with collection of land use levy for urban residential land; The State allocates land with no collection of land use levy for land for perennial crop.

- Construction area: 80 m2                               Floor area: 80 m2.

- Starting price: 552.000.000 VND (In words: Five hundred fifty million dong).

2. Deadline for submission: Deadline for direct submission is 05 days from the date of notification (applications submitted by post are calculated by the postmark, provided BIDV Phu Yen must be received within 07 days from the date of notification).

3. Place of submission: Joint Stock Commercial Bank for Investment and Development of Vietnam – Phu Yen Branch, address: 100 Duy Tan, Ward 5, Tuy Hoa City, Phu Yen Province.

- Contact information:

+ Mr Nguyen Van Toan (email: toannv1@bidv.com.vn, Phone: 0979133844)

+ Mr Do Minh Dong (email: dongdm@bidv.com.vn, Phone: 0902760886)

4. Selection criteria:

- Necessary material foundations and equipment for the auction of the auctioned property.

- Feasible and effective auction plan.

- Capacity, experience and reputation of property auction organizations.

- Appropriate auction service remuneration and property auction expenses.

- Is listed on the list of property auction organizations announced by the Ministry of Juctice.

- Have a minimum operating period of 3 years.

- Have a minimum of 3 auctioneers.

- There are branches/representative offices in Phu Yen.

5. Registration documents included:

- Enterprise legal records.

- Description of capacity and experience.

- Bidding letter and other commitments of the price appraisal enterprise (if any).

* Note:

- The default registration dossier expires in case the auction organization is not auctioned according to the provisions of law.

- BIDV Phu Yen will send a written notification of the result to the selected auction organization, entities that have not been given the results are construed as not selected, BIDV Phu Yen does not reimburse applications to unselected entities.

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