1. Information of property

- Address: No.948/11 Bis, Lo Gom Street, Ward 8, District 6, Ho Chi Minh City.

- Total using area: 111.4m2; Construction area: 56.9 m2; the land area: 94.9 m2

- Land lot No.35 Map, No.8 (BĐĐC).

- Certificate of land use rights No. 2441/SXD issued by Construction Department of Ho Chi Minh City on 16 March 2004, changed on 22 November 2016 for Nguyen Van Tu.

2. The seller: Bank for Investment and Development of Vietnam, Address: 35 Hang Voi Street, Hoan Kiem District, Hanoi

- Authorized representative: Bank for Investment and Development of Vietnam – Ho Chi Minh City Branch. Address: 134 Nguyen Cong Tru Street, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City.

3. The Auction Company: Truong Thinh Auction Partnership Company; address: No 46, 2 street, Chu Van An, 26 ward, Binh Thanh Dist, HCMC       

4. Starting price: VND4,500,000,000, exclusive VAT and other taxes, fees and costs. All taxes and other fee, costs arising such as conveyance, registration, notary, .... shall be for the account of the Winning Bidder.

5. Deposit: VND450,000,000 (10% of the starting price).

- The minimum bid increment: VND20,000,000

- The duration of Deposit: from 8:30 am to 17:00 pm on 17, 20 and 21 April 2020

The bank account number of Truong Thinh Auction Partnership Company: 135.10.000.974161, opened at BIDV Gia Dinh Branch.

6. Time and place to buy auction documents:

From 8:30 am on 7 April 2020 to 17:00 pm 20 April 2020 at:

-  The Head office of Truong Thinh Auction Partnership Company; address: No 46, 2 street, Chu Van An, 26 ward, Binh Thanh Dist, HCMC; or

- The Head office of BIDV Ho Chi Minh City Branch: No.134 Nguyen Cong Tru Street, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City.

- Price of a set of auction documents: VND500,000/1 set            

7. The recipient of auction documents: The Head office of Truong Thinh Auction Partnership Company; No 46, 2 street, Chu Van An, 26 ward, Binh Thanh Dist, HCMC.

8. Time and place for reviewing property:

From 8:30 am on April 7, 2020 to 17:00 pm on April 20, 2020 at the place of property (No.948/11 Bis, Lo Gom Street, Ward 8, District 6, Ho Chi Minh City).

9. Time and place of the auction: at 2 PM, 22/4/2020, at The Head office of Truong Thinh Auction Partnership Company – Address: No. 46, 2 street, Chu Van An, 26 Ward, Binh Thanh Dist., HCMC.

10. Bidding methods:

- Direct Auctioning by words at the auction place, unlimited rounds.

- Auction rules: Bidding up