Joint Stock Commercial Bank for Investment and Development of Vietnam, Thanh Nam Branch would like to announce the seizure of collateral to handle the debt recovery of Minh Thanh Cong Production & Service Trading Co., Ltd. at Bank for Investment and Development of Vietnam - Thanh Nam Branch as follows:

1. The total outstanding debt of Minh Thanh Cong Production & Service Trading Co., Ltd. at BIDV Thanh Nam as of July 2, 2020 is VND 37,671,046,018, of which: short-term principal outstanding is VND 26,345,608,645, medium-term outstanding principal. is VND 5,362,000,000, interest rate is VND4,533,030,397, overdue penalty is VND 1,430,406,976.

2. Security assets seized to handle debt recovery are as follows:

Property is the land use right and assets attached to land under the land use right certificate land use rights of houses and other properties associated with land No. CG 199496, number in the book of granting certificates of CS06829 issued by Department of Natural Resources and Environment Nam Dinh school issued on March 7, 2017 to Mr. Pham Van Thanh and Ms. Pham Thi Theu, specifically as follows:

- Information on land parcel:

+ Land lot number: 155 Map number: 59

+ Address: Group 17 Vĩnh Trường, Phường Lộc Vượng, Nam Định City, Nam Định Province, Nam Định Province.

+ Area: 41.9 m2

+ Form of use: Private use: 41.9 m2; General use: 0 m2

+ Purpose of use: residential land in urban areas

+ Shelf life: Long term

+ Origin of using: Receiving the transferred land, which is recognized as the land use right as land allocation with land use levy

- Land-attached assets: 3-storey flat roof, 36 m2 of construction area built in 2016, put into use in 2017, floor area of ​​108 m2

3. Reason for seizing: Handling collateral to recover debts as agreed in the Mortgage Contract and the provisions of law.

4. The time for seizing security assets: starts from 08:30 on July 21, 2020 until the collection is completed.

5. Place of seizure: Team 17 Vinh Truong, Loc Vuong Ward, Nam Dinh City, Nam Dinh Province, Nam Dinh Province

6. Term of seizure: From the time of seizing until the collateral is processed, auctioned off for debt collection by BIDV Thanh Nam Branch or until the Borrower fulfills the debt repayment obligation.

7. Security asset handling price: Using valuation results of agencies and organizations with price appraisal function. The cost of hiring valuation agencies and organizations is included in the cost of handling security assets.

8. Handling method: Public auction through a functional auction organization selected by BIDV- Thanh Nam Branch.

9. Contact information: Mr. Pham Van Thuong - Debt workout officer; Phone: 0936636166;  Address: No. 80 Dong A street, Urban Area Hoa Vuong, Loc Vuong Ward, Nam Dinh