BIDV Chuong Duong announces the selection of asset auction organization

Publish date
06/09/2019

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Joint Stock Commercial Bank for Investment and Development of Vietnam – Chuong Duong Branch (BIDV Chuong Duong) announces the selection of asset auction organization as following:

1. Information of assets:

a. Convertible truck FOTON, Model: THACO, Year and country of manufacture: 2016 - Vietnam, Plate Number: 36C – 199.64, Load: 9,300 kg

- Starting price: VND500,000,000

b. Dum truck FORLAND, Model: THACO, Brand: FORLAND, Year of manufacture: 2016, Plate Number: 36C – 199.72, Load: 8,300 kg

- Starting price: VND350,000,000

c. Pickup truck Ford ranger, Year and country of manufacture: 2016 - Thailand, Plate Number: 36C – 201.72

- Starting price: VND650,000,000

2. Time 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 Chuong Duong no later than 07 days from the date of notification).

3. Place for submission:

- Bank for Investment and Development of Vietnam JSC – Chuong Duong Branch, Corporate Banking Department 1

- Contact person: Mr. Pham Van Tung (Email: tungpv@bidv.com.vn; Phone: 0904.469.888).

4. Selection criteria:

Organizations registering to participate in auction must meet the criterion specified in Clause 4, Article 56 of the Law on Property Auction and the following criteria:

- Having legally property auction function.

- Having at least 3 years of operation.

- Having at least 03 auctioneers.

- Having at least 03 branches/representative offices.

- Reasonable auction costs and remuneration for auction services.

- Other criterion stated by the authorized entity.

5. Application documents:

- Enterprise legal document.

- Enterprise capacity and experience profile.

- Quotation and other commitments of auction organization (if any)

- Other profiles according to the Branch’s requirements

* Note:

- Application documents of the unselected organizations will automatically be expired.

- BIDV Chuong Duong will issue a written notice of the result to the selected property auction organization, those not being selected will not receive such notice. BIDV Chuong Duong will not return the documents to the unselected organizations.

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