Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) –Transaction Center 2 Branch hereby announces the selection of the debt’s auction organization as follows:

1. Information about the auctioning debt:

- The debt: The total outstanding of Thu Bon Transport Trading Joint Stock Co.,  at BIDV by the time the debt sale is carried out (Total outstanding as of 31 Dec 2019 is VND36.535.881.163 – exchange rate: 23.230 VND/USD).

-  Information of Collateral: The Hai Phuong Ship in the Certificate number 6220/DK, registration number SG.7955 issued by Department of Transport of Ho Chi Minh City on 23/06/2017.

+ Name of ship: Hai Phuong

+ Registration number: SG.7955

+ Vehicle type: VR-SB

+ Utility: dry goods shipment.

+ Place and year of manufacturing: 1989 Korea - 2017 Hai Phong, VietNam

+ Designed length: 108,240 m.

+ Maximum Length: 114,500 m.

+ Designed width: 18,500 m.

+ Maximum width: 18,530 m.

+ Board height: 13,000 m.

+ Immersion depth: 10,500 m.

+ Material of hull: Steel.

+ M.E power: 01, MITSUI-B&W 6L35MCE, 3.300,0

+ Total tonnage, number of people allowed to transport, pulling, pushing: 14,498.4 tons

+ Address of  the Collateral: Buoy number 0, Hon Dau anchor area, Hai Phong, Vietnam

- Starting price: VND36.535.881.163 (In words: Thirty six billion, five hundred and thirty five million, eight  hundred and eighty one thousand, one hundred and sixty three Vietnam Dong)

2. Deadline for submission:

The deadline for direct application submission is 05 days from the date of notification (date of documents submitted by post shall be determined by postmark but must be delivered to BIDV Transaction Center 2 no later than 07 days from the date of notification)

3. Address for application reception:

- Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) – Transaction Center 2 Branch, Corporate Banking 4 Department, Address: 04 Vo Van Kiet, Nguyen Thai Binh Ward, District 01, Ho Chi Minh City.

- Contact person: Mrs Nguyen Thi Nhung (Email: nhungnt30@bidv.com.vn; phone no: 028.39141985)

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 ability and experience in auction activities.

- 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)

- Other documents as required by the Branch.

* Note:

- Notice on selection shall automatically become invalid in case the auction organization is not permitted to conduct auction in accordance with the law.

- BIDV Transaction Center 2 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.