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

1. Asset information:

- Name of asset: Unburnt brick production chain 

- Descriptions of asset:

+ Capacity: 20.000 pieces per year;

+ Main equipment: unburnt brick production machine (YQT10-15) capacity = 40.25KW, material mixed machine (JS500) capacity = 18.5KW, material proportional machine PL 1200L-2 capacity = 5.2KW, pallets.

- Address of asset: Dong Gieng hamlet, Cao Ngan commune, Thainguyen city, Thainguyen province, Vietnam.

- Reserve price: 592.000.000 VND (In words: Five hundred and ninety two million Vietnamese dong./.)

2. Deadline for application 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 Thai Nguyen no later than 07 days from the date of notification).

3. Contact information:

- Mr Nguyen Viet Dung, phone no: 0982885009, email: dungnv30@bidv.com.vn.

- Address: Corporate Banking Department 2 - JSC bank for Investment and Development of VietNam – Thai Nguyen branch at 653 Luong Ngoc Quyen street, Thai Nguyen city, Thai Nguyen province, Vietnam.

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.

* Notes:

- Notice on selection shall automatically become invalid in case the auction organization is not permitted to conduct auction in accordance with the law.

- BIDV Thai Nguyen 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.