Bank for Investment and Development of Vietnam., JSC, hereby announces the selection of assets auction organizations to conduct the auction with the following details:

1. Information of assets for auction:

- Auctioned property seller: Bank for Investment and Development of Vietnam., JSC (BIDV). Address: 35 Hang Voi, Hoan Kiem, Hanoi.

- Assets for auction: the debt of Viet Hai petroleum trading one member Limited company at North Ha Noi Branch.

- The debt of Viet Hai petroleum trading one member Limited company is secured by several properties, including real estate, movable assets, stocks, capital contributions and loan guarantees owned by Viet Hai petroleum trading one member Limited company and the third party.

- Reserve price for the auction of the debt: equal to all outstanding loan principal and interest, overdue interest of the debt at the time of signing the auction service contract (temporarily as of October 7, 2019 is VND31.560.422.775).

2. Criteria for selection of auction organization:

Auction organizations must meet the criterion specified by Clause 4, Article 56 of the Law on Assets Auction and the other following criteria:

- Having at least 03 auctioneers.

- Having at least 3 years of operation.

- Is in accordance with other requirements of BIDV

3. Deadline: Deadline for submission of application is 07 days as from the date when this notice is posted on BIDV’s website (application documents sent by post are calculated by postmark, provided that it must be received by BIDV within 7 days from the date of this notice)

4. Place for submission of application documents:

- Bank for Investment and Development of Vietnam JSC - Debt workout center , 19th Floor, Tower A VinCom, 191 Ba Trieu, Hai Ba Trung, Hanoi

- For more information please contact Mr. Chung (Mobile: 0989245645; Email: chungvt@bidv.com.vn).

5. Application documents include:

+ Corporate legal documents.

+ A written description of capacity and experience.

+ Price quotation.

+ Other commitments of the auction organization (if any).

Note:

- Application documents are automatically become invalid in case the auction organization is not permitted to conduct auction in accordance with the laws.

- BIDV issues a written notice of the result to the selected auction organization, those not received such notice are deemed as not selected, BIDV will not return the documents to the unselected organizations.