Joint Stock Commercial Bank for Investment and Development of Vietnam - Bac Ha Noi Branch (BIDV Bac Ha Noi) announces the selection of assets auction organization as follows:

1. Information of assets:

- Customer information:

+ Name: Ha Nam EMJ JSC

+ Add: Kim Binh Industrial Zone, Kim Binh district, Phu Ly city, Ha Nam province

- Total outstanding as of 1 August 2019: VND63,504,146,278 VND. Particularly:

+ Principal: VND33,810,000,000

+ Accurued interest and late interest: VND29,694,146,278

- Starting price: VND33,810,000,000 (In words: Thirty three billion, eight hundred and ten million Vietnam Dong) 

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 BIDVBac Ha Noi no later than 07 days from the date of notification).

3. Place of submission:

- Joint Stock Commercial Bank for Investment and Development of Vietnam - Bac Ha Noi Branch, Business customer department 2

- Address: No. 137A Nguyen Van Cu St, Ngoc Lam Ward, Long Bien District, Ha Noi.

- Contact: Mr Dao Ngoc Chung - Business customer department 2, Phone number: 0986.595.632, E.mail: chungdn@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 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.

- Quick procedure and reasonable cost.

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 Bac Ha Noi 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.