BIDV Hong Ha announces Result of selection of asset auction organization

25/06/2025
BIDV Hong Ha announces Result of selection of asset auction organization

NOTIFICATION

(Re: Result of selection of asset auction organization)

I. SELECTION RESULT

  1. Auctioned asset: Land use rights and other assets attached to the land located at Tran Dang Ninh Street, Coc Leu Ward, Lao Cai City, Lao Cai Province, as stated in the Certificate of Land Use Rights, Ownership of House and Other Assets Attached to Land No. DL 493793, certificate issuance book No. VP 03699, issued by the Lao Cai Provincial Land Registration Office on November 13, 2023, to Mr. Pham Hong Cuong
  2. Starting price: 23,625,000,000 VND (in words: Twenty-three billion, six hundred twenty-five million Vietnamese Dong)
  3. Name and address of the selected asset auction organization: Ben Thanh Partnership Auction Company. Total score: 95 points
  4. Auction organizations not evaluated and scored with reasons (if any): None
  5. Auction organizations rejected from consideration and evaluation with reasons for rejection (if any): None

II. SCORING RESULTS (including the selected asset auction organization)

No

CONTENT

Ben Thanh Partnership Auction Company

I

Listed in the Ministry of Justice’s official list of asset auction organizations

 

1.

Listed in the Ministry of Justice’s official list of auction practice organizations

Eligible

2.

Not listed in the Ministry of Justice’s official list of auction practice organizations

 

II

Facilities and equipment ensuring the auction of the asset type

19,0

1.

Facilities ensuring the auction

10,0

1.1

Has a stable and clear office address (phone number, email, etc.), with sufficient working area

10,0

1.2

Public and convenient location for selling and receiving auction dossiers

5,0

2.

Equipment ensuring the auction

5,0

2.1

Surveillance camera system or recording devices at the office during receipt/sale of dossiers (extractable, stored with auction record)

2,0

2.2

Surveillance camera system or recording devices at the auction venue (extractable, stored with auction record)

3,0

3.

Has a functioning and regularly updated website of the auction organization

For Auction Service Centers: independent website or via Department of Justice's portal

2,0

4.

Has an approved online auction portal or held at least one online auction in the previous year

1,0

5.

Has storage for auction records

1,0

Ill

Feasible and effective auction plan

16,0

1.

Phương án đấu giá đề xuất được hình thức đấu giá, bước giá, số vòng đấu giá có tính khả thi và hiệu quả cao

4,0

1.1

Auction method is feasible and effective

2,0

1.2

Price step and number of auction rounds are feasible and effective

2,0

2.

Public, feasible, and convenient plan for receiving auction dossiers (location, method)

4,0

3.

Proposed auction participants and conditions match the asset type

4,0

3.1

Participants as per legal regulations

2,0

3.2

Participation conditions in line with applicable laws

2,0

4.

Supervision plan for effective auction, prevent collusion, price suppression, ensure order and safety

4,0

IV

Capacity, experience, and reputation of the auction organization

57,0

1.

Total auctions held in the previous year (successful and unsuccessful)

15,0

(714 auctions)

1.1

Less than 20 auctions

 

1.2

20 to under 40 auctions

 

1.3

40 to under 70 auctions

 

1.4

70 or more auctions

15,0

2.

Total successful auctions in previous year

7,0 (123 auctions)

2.1

Fewer than 10 successful auctions (including none)

 

2.2

10 to under 30

 

2.3

30 to under 50

 

2.4

50 or more

7,0

3.

Total successful auctions with winning bid higher than starting price

7,0 (83 auctions)

3.1

Less than 10 (including none)

 

3.2

10 to under 30

 

3.3

30 to under 50

 

3.4

50 or more

7,0

4.

Successful auctions with price difference ≥10%

3,0 (15 auctions)

4.1

Highest number of such auctions

3,0

4.2

Fewer such auctions

 

4.3

Even fewer such auctions

 

5.

Years of operation since establishment/license issuance

5,0 (9 years)

5.1

Under 5 years

 

5.2

5 to under 10 years

5,0

5.3

0 to under 15 years

 

5.4

15 or more years

 

6.

Number of licensed auctioneers

3,0

(4 auctioneers)

6.1

One auctioneer

 

6.2

2 to under 5 auctioneers

3,0

6.3

5 or more

 

7.

Experience of lead auctioneer (Director/CEO of the auction entity)

3,0 (08 years)

7.1

Under 5 years

 

7.2

5 to under 10 years

3,0

7.3

10 or more years

 

8.

Auctioneer experience

5,0

8.1

None with 5+ years experience

 

8.2

1 to 3 auctioneers with 5+ years

 

8.3

4 or more auctioneers with 5+ years

5,0

9.

Corporate income tax or state budget contribution (excluding VAT)

4,0

(50.8 million VND)

9.1

Under 50 million VND

 

9.2

50 to under 100 million VND

4,0

9.3

100 million VND or more

 

V

Other criteria matching the asset type set by competent authority

8,0

1.

Has successfully auctioned similar assets

3,0

2.

Has signed auction service contract and held successful auction

3,0

3.

Head office is located in the same city/province as the asset (excluding branches)

 

4.

Other criteria

3,0

 

Total

95

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