Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) announces the selection of debt auction organizations to conduct the auction with the following details:

1. Information of the debt:

• The party who owns the debt:  Joint Stock Commercial Bank for Investment and Development of Vietnam. Address: 194 Tran Quang Khai Street, Ly Thai To Ward, Hoan Kiem District, Ha Noi City.
• Detail of the debt auction: The debt of Hai Gia Services Trading Company LTD at BIDV.
• Collateral of the debt:

No	Details description	Debt security assets
1	Land use rights at parcel of land No.209, map No.3 at Ward Hung Loc, Thong Nhat District, Dong Nai Province.	The Certificates of Land use rights No: 01419 QSDĐ/1022/QĐUBH issued by the People's Committee of Thong Nhat District  on July 21, 2001
2	Land use rights at parcel of land No.116, map No.30 at Ward Hac Dich, Tan Thanh District, Ba Ria Vung Tau Province.	The Certificates of Land use rights No03389 QSDĐ/07/QĐUB issued by the People's Committee of Tan Thanh District  on January 05, 2001

 

• Reserve price (Starting price): includes all principal, interest and fees (if any) by the time of BIDV notified the Auction Service Organization to launch the first auction (Total debt principal and interest as of Jan 11st, 2022 is VND 18.883.354.242).

2. Deadline for application submission:

The deadline for application submission is 05 days from the date when this notice is posted on BIDV 's website (application documents sent by post are calculated by the postmark)

3. Place of submission:

• Joint Stock Commercial Bank for Investment and Development of Vietnam – Loan Workout Center.
• Address: 7th floor, 24 Le Thanh Ton Street, Ben Nghe Ward, District 1, HCM City.
• Contact person: Mr. Nguyen Dinh Hong Loc (Email: locndh@bidv.com.vn; Phone: 096.678.1939)

4. Selection criteria of auction organization:

Auction organizations must meet the criterion specified by Clause 4, Article 56 of the Law on Asset Auction and the other following criteria: Having property auction function; having the minimum operating time of 03 years; having at least 03 auctioneers and at least 03 branches/representative office

5. Application includes:

• Corporate legal documents (copy);
• Corporate capacity and experience profile;
• Price quotation letters and other commitments of the auction organization (if any)

* Note:

• Application documents are automatically invalid in case the auction organization is not permitted to conduct an auction in accordance with the laws.
• BIDV shall send 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.