Joint Stock Commercial Bank for Investment and Development of Vietnam – Ba Ria Vung Tau branch (BIDV BRVT) announces selecting of debt auction organizations to conduct the auction with the following details:

1. Collateral information:

- Name, quantity, condition of auctioned property: 01 set Rolling Machine (movable assets and to be used).

- Collateral storage location: Dong Xuyen IZ, Rach Dua ward, Vung Tau City, Ba Ria Vung Tau province

- Starting price: VND 215,000,000.00

 (In words: Two hundred fifteen million dongs only)

2. Deadline for application submission:

The deadline for direct submission is 03 days from the posted date (application sent by post is calculated by the postmark and with the condition BIDV Ba Ria Vung Tau branch must receive within 05 days from the posted date).

3. Place of submission:

- Joint Stock Commercial Bank for Investment and Development of Vietnam – Ba Ria Vung Tau branch, Address: No 24 Tran Hung Dao, ward 1, Vung Tau city, Ba Ria - Vung Tau province.

- Person in charge: Ms. Pham Thanh Thuy (Email: thuypt11@bidv.com.vn; Handphone: 0773026366)

4. Criteria of auction organization:

- Necessary facilities, equipment for the auction of auctioned property.

- Feasible and effective auction plan.

- Capability, experience and reputation of property auction organizations.

- Auction service fee, property auction cost.

- Named in list of auction organizations announced by the Ministry of Justice.

- Having head office/brach/representative office in Vung Tau city.

- Prioritize auction organizations having at least 3 years of operation and having at least 03 auctioners; or the Auction Center under the Justice Dept of Ba Ria Vung Tau province.

5. Application includes:

- Corporate legal documents (authentic, certified copies)

- Profile of corporate capability, experience.

- Quotation letter and other related documents in Clause 4 this Annoucement and other commitments of the auction organization (if any).

* Note:

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

- BIDV Ba Ria Vung Tau branch shall notify the result in written to the selected auction organization, those not received are deemed as not to be selected. BIDV Ba Ria Vung Tau branch will not return the documents to the unselected organizations.

BIDV

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