JSC Bank for Investment and Development of Vietnam- BIDV would like to announce the selection of assets appraisal organization with the following details:

1. Information of debt:

- Information of outstanding debts requiring temporary evaluation to 18 december 2019:

No. 1: Total is VND 200,914,650,403 (Principal debt: VND 97,364,806,300, interest debt: VND 103,549,844,103)

No. 2: Total is VND 208,122,095,900 (Principal debt: VND 100,694,806,300 ; interest debt: VND 107,427,289,600).

- Collateral of the debt: Asset formed from the loan is all land use right and the investment assets on the land, including  the total value odd the land use right: compensation, ground cleareance, infrastructure investment and other investment costs on the area I, II, III, IV in residential area of quarter 4, Phuoc Long A yard, District 9, Ho Chi Minh city.

2. Deadline for application submission:

The deadline for direct application submission is 5 days from the date of notification (date off documents submitted by post shall be determined by postmark)

3. Place of submission:

- Loan workout center (Area 4) - Joint Stock Commercial Bank for Investment and Development of Vietnam (Address: 6th Floor, 24 Le Thanh Ton, Ben Nghe Ward, District 1, Ho Chi Minh City).

- Contact: Mr. Pham Ba Sang (Email: sangpb@bidv.com.vn, Mobile: 0888.949497).

4. Documents required:

- Enterprise legal document.

- Enterprise capacity and experience profile.

-Letter of quotation, other commitments of the asset price appraisal enterprise (In which the content of the letter of quotation indicates the contents such as the preliminary expected valuation value of the valuation property, the price level ....

* 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 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.

BIDV

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