Joint Stock Commercial Bank for Investment and Development of Vietnam – District 3 Ho Chi Minh City Branch (BIDV District 3 HCMC) hereby announces the selection of an asset valuation organization as follows:

1. Asset information:

a. Land use rights:

- Land plot number: 53 (556), map sheet number: 03 SDN (02-TL02).

- Address: No. 504/20 Kinh Duong Vuong Street, KP2, An Lac A Ward, Binh Tan District, Ho Chi Minh City.

- Area: 595 m2, (In words: Five hundred and ninety five square meters).

- Use form: private: 595 m2 ; general: no;

- Purpose of use: Residential land in urban areas.

- Shelf life: long.

- Origin of use: The State allocates land with collection of land use levy.

b. Assets attached to land: Housing

- Address: No. 504/20 Kinh Duong Vuong Street, KP2, An Lac A Ward, Binh Tan District, Ho Chi Minh City.

- Construction area: 494.2 m2; Floor area: 538.8 m2.

- Structure: Brick wall, reinforced concrete floor, reinforced concrete roof.

- Level (Rank): Level 3; Number of floors: 03.

- Year completed construction: -/-; Ownership period: -/-

- Legal documents of the property: Certificate of land use right, ownership of houses and other land-attached assets, number BL 222317, entered into the certificate of issuance book number CH 01105 issued by the People's Committee of Binh Tan District August 17, 2012, updated on June 5, 2019.

2. Appraisal purpose:

Determining the value of the collateral for the auction organization public the collateral to recover the loan debt.

3. Criteria for selecting a appraisal organization:

To ensure that the appraisal of collateral value is carried out in accordance with the law, BIDV District 3 HCMC Branch chooses and gives priority to valuation organizations that meet the following criteria:

a. The selected enterprise must be on the list of public price appraisal enterprises eligible for price appraisal activities of the Ministry of Finance.

b.  Selected enterprises are not subject to the case of price appraisal according to the provisions of the Price Law and its guiding documents.

c.  Fully meets the standards of the Vietnam Standard Valuation System issued under Circular No. 158/2014/TT-BTC dated October 27, 2014, Circular No. 28/2015/TT-BTC dated 06 / 03/2015 of the Ministry of Finance and the provisions of law on appraisal of prices.

d.  Appraisers fully meet the standards prescribed by the Price Law and the law, have experience in the field of price appraisal; a reputable price appraisal firm, ....

e.  Package price appraisal service price (including costs of surveying, collecting information to appraise prices of collateral, ...)

f.  Other criteria: Provide certification according to regulations, responsible for the appraisal value.

4. Documents required:

- Enterprise legal document.

- Enterprise capacity and experience profile.

- Price quotation (related costs are included)

5. Time, place to submit documents:

- Time: From the date of notice issuance and ending within 05 days from the date of announcement.

- Contact information: Debt workouts department – BIDV District 3, HCMC.

- Adress: 2nd floor, 549 Dien Bien Phu, Ward 03, District 3, Ho Chi Minh City.

- Tel: (028) 7303 9139.

Is pleased to announce./.


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