Joint Stock Commercial Bank for Investment and Development of Vietnam – Ho Chi Minh City Branch (BIDV HCM) would like to announce the selection of asset auction organization as follows:

1. Information of assets: Land use rights and asset attached to land according to Certificate of land use rights No. 2441/SXD issued by Construction Department of Ho Chi Minh City on 16 March 2004, amendment on 22 November 2016 for Mr. Nguyen Van Tu.

- Property description: Land lot No.35 Map No.8 (BDDC). Area in use: 94.9 m2; Total area: 111,4 m2.

- Address: No.948/11 Bis, Lo Gom Street, Ward 8, District 6, Ho Chi Minh City.

2. Property Seller: Bank for Investment and Development of Vietnam

Address: 35 Hang Voi Street, Hoan Kiem District, Hanoi

Authorized entity: Bank for Investment and Development of Vietnam – Ho Chi Minh City Branch.

Address: 134 Nguyen Cong Tru Street, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City.

3. Organize property auctions: Truong Thinh Auction

Address: 46 Street No.02 Chu Van An Housing, Ward 26, Bình Thạnh District, Ho Chi Minh City.

4. Starting price: VND4,500,000,000  

Conveyance fee and Notary fee will be charged to asset buyer.

Bid increment: minimum of VND20,000,000

5. Deposit: VND450,000,000 (10% of the starting price).

6. Price of a set of auction documents: VND500,000/1 set

7. Time and place to buy auction documents:

From listing date of the property auction to 17:00 pm October 29, 2019 at Truong Thinh Auction, Address: 46 Street No.02 Chu Van An Housing, Ward 26, Binh Thanh District, Ho Chi Minh City and BIDV Ho Chi Minh City Branch, Address: No.134 Nguyen Cong Tru Street, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City.

8. Time and place for submitting application: Truong Thinh Auction, Address: 46 Street No.02 Chu Van An Housing, Ward 26, Binh Thanh District, Ho Chi Minh City

9. Time and place for reviewing property:

From listing date of the property auction to 17:00 pm October 29, 2019 at the place of property (No.948/11 Bis, Lo Gom Street, Ward 8, District 6, Ho Chi Minh City).

10. Time and place for deposit: Deposit should be placed from office hours on October 29 2019 to October 31, 2019 on Trường Thịnh Auction account opened at BIDV Ho Chi Minh City Branch.

11. Time and place of the auction: at 14:00 pm on November 1st, 2019 at Truong Thinh Auction, Address: 46 Street No.02 Chu Van An Housing, Ward 26, Binh Thanh District, Ho Chi Minh City.

12. Bidding methods:

- Direct Auctioning by words at the auction place, unlimited rounds.

- Auction rules: Direct secret ballot auction with ascending price.

13. Contact information:

- Truong Thinh Auction, Address: 46 Street No.02 Chu Van An Housing, Ward 26, Binh Thanh District, Ho Chi Minh City

Contact person: Mr. Nguyen Dinh Hong Loc – Tel: 096 678 1939

- BIDV Ho Chi Minh City Branch Head office: No.134 Nguyen Cong Tru Street, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City.

Contact person: Mr. Nguyen Duc Trung - Tel: 0947 00 2121