Joint Stock Commercial Bank for Investment & Development of Vietnam – Truong Son Branch (BIDV Truong Son) would like to announce the selection of asset auction organization as follows:

1. Information of assets:

1.1 Name of property: Land use rights, ownership of house and other assets attached to land according to Certificate No. CH00436 by People’s Committee of Phu Nhuan District on 23 March 2017.

1.2 Description of property:

a) Land lot:

• Land lot no: 27; Map sheet no: 34;
• Address: No 549/37 Nguyen Kiem Street, Ward 09, Phu Nhuan District, Ho Chi Minh City;
• Area: 27.5 m2 (In words: Twenty seven point five square meters);
• Form of use: Private use;
• Purpose of use: Urban residential land.
• Time of use: Permanent.

b) House:

• - Address: No 549/37 Nguyen Kiem Street, Ward 09, Phu Nhuan District, Ho Chi Minh City;
• - House construction area: 27.5 m2. Floor area: 42.0 m2         

1.3 Address: No 549/37 Nguyen Kiem Street, Ward 09, Phu Nhuan District, Ho Chi Minh City;

1.4 Reserve price: VND 2,285,000,000 (In words: Two billion two hundred and eighty five million Vietnamese Dong).

2. Time of application submission:

The time-limit for direct submitting is 05 days starting from the date of notice (the date which the files were submitted via mailing is attested by date on postmark, provided that they were submitted to BIDV Truong Son within 07 days starting from the date of notice).

3. Place of submitting files:

• - Joint Stock Commercial Bank for Investment & Development of Vietnam – Truong Son Branch, located at no. 316 Nguyen Thai Son, Ward 04, Go Vap District, Ho Chi Minh City.
• - Contact person: Mr. Nguyen Gia Huy (email: huyng@bidv.com.vn; tel.: 0948.046.574).

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 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)

            *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 Truong Son 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.