BIDV Thai Nguyen announces the selection of asset auction organization

Publish date
28/09/2022

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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. Information about the assets:

Land use rights, ownership of houses and other land-attached assets belonging to land parcel 7, map sheet number 32, at address No. 588, Bac Kan Street, Hoang Van Thu Ward, Thai Nguyen City, Thai Nguyen Province.

Reserve Price: 10.000.000.000 VND (In words: Ten billion vietnam dong)

2. Location for application submission:

Deadline for direct application is five (05) days from the date of notification (documents sent by post will be considered valid to stamp off post office, provided that BIDV Thai Nguyen must receive the application within seven (07) days from the date of notification).

3. Contact information:

- Joint Stock Commercial Bank for Investment and Development of Vietnam – Thai Nguyen Branch, Corporate Banking Department 3, Address: No 653, Luong Ngoc Quyen street, Thai Nguyen city, Thai Nguyen province, Vietnam

- Contact: Ms. Pham Thi Thanh Hien (Email: hienptt11@bidv.com.vn; Tel: 0342402179).

4. Selection criteria:

- Having necessary facilities and equipment to secure the auction for the type of asset to be auctioned.

- Feasible and effective auction plan.

- Capacity, experience and reputation of the asset auction organization.

- Reasonable remuneration for auction services and auction costs.

- Being on the list of asset auction organizations announced by the Ministry of Justice.

- Having opertation time of at least 03 years.

- Having at least 03 auctioneers.

5. Documents required:

- Company legal documents.

- A written description of competence and experience.

- Price quotation, relevant documents according under Section 4 of this Notification, other commitments of the auction organization (if any).

* 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.

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