BIDV Thai Nguyen announces the selection of collateral auction organization

Publish date
10/09/2020

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

1. Collateral infomation:

- Name of collateral: the car with brand named Toyota Highlander

- Descriptions of collateral:

+ Owner: Mr Nguyen Tien Dung

+ Registration number: 29A – 056.25 . Manufactured year: 2010.

+ Permissible no.of per carried seat: 05 seats

+ Color: Yellow gray

+ Engine number: 1AR0242375                 

+ chassis number: 5TDZA3EH5AS002989

+ Car registration certificate no.: 025820 issued by Hanoi City’s Public Security

- Reserve price is at 880.000.000 Vietnam Dong (In words: Eight hundred and Eighty million Dong.) excluded value added tax

2. Deadline for submission:

- If submitting directly: Within three days from the date of notice of the selection of a collateral auction organization

- If submitting by post office: verified by post stamp and received by BIDV Thai Nguyen within five days from the date of notice of the selection of a collateral auction organization

3. Place of submission

- 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

- Mr Hoang Tuan Anh, phone no.: 0915095589, email: anhht@bidv.com.vn

4. Criteria for selection of a collateral auction organization

Auction organization must meet criteria specified in Clause 4, Article 56 of the Law on Asset Auction and the following criterias:

- 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’s legal records

- Descriptions of capacities, experiences

- Offer letter, other enterprise’s commitments (if any).

* Notes:

- The application for registration is automatically expired in case the collateral enterprise is not permitted to conduct auction in accordance with the law

- BIDV Thai Nguyen will notify in writing the result to the selected auction enterprise only. BIDV Thai Nguyen will not return the documents of unselected enterprises.

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