BIDV Chuong Duong announces the selection of asset auction organization

Publish date
07/10/2019

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

1. Information of assets:

- Certificate of Land Use Right, House Ownership and Other Properties attached to land No. BG 500846, Registered Book No. 3981.QDUBND.2011 – CH.00572.2011 issued by People’s Committee of Dong Anh District on 21 November 2011.

- Address of the asset: Co Dien Village – Hai Boi Commune – Dong Anh District – Hanoi

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 Chuong Duong within 07 days starting from the date of notice).

3. Place of submitting files:

- Joint Stock Commercial Bank for Investment & Development of Vietnam – Chuong Duong Branch – 41 Hai Ba Trung Street, Hoan Kiem District, Hanoi

- Contact information:

+ Mr. Tuan Hoang Ho – Manager of Risk Management Department (Phone: 0988888385/Email: Tuanhh@bidv.com.vn)

+ Mr. Quan Anh Tran – Specialist of Debt Settlement Team (Phone: 0904996996/Email: Quanta@bidv.com.vn)

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 Chuong Duong 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.

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