Joint Stock Commercial Bank for Investment and Development of Vietnam – Ben Thanh Branch (BIDV Ben Thanh) announces the selection of of assets auction organization as follows:

1.Information of property

Land use rights in the Certificate of Land use rights no AB 352580.

- Land lot no: 850;        

- Map sheet no: 03 (Document’s 02/CT-UB);

- Address: Thoi An Ward, District 12, Ho Chi Minh City;

- Area: 75 m2 (In words: Seventy-five square meters);

- Form of use: Private use;

- Purpose of use: Land for living;

- Origin of use: Long term;

Reserve Price: 3.750.000.000 VND (In words: Three billion, seven hundred and fifty million Vietnam Dongs)

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 BIDV Ben Thanh no later than 05 days from the date of notification).

3. Place of submission:

- Joint Stock Commercial Bank for Investment and Development of Vietnam Ben Thanh Branch, Risk Management Department; Address: 85 Bui Thi Xuan, Pham Ngu Lao Ward, District 1, Ho Chi Minh City

- Contact person: Mr. Nguyen Viet Nam (Email: namnv11@bidv.com.vn; tel: 0938.460.309).

4. Selection criteria:

Auction organization must meet criteria specified in Clause 4, Article 56 of the Law on Asset Auction, Article 56 and Appendix1 of the Selection guide asset auction organization no. 02/2022/TT-BTP of Ministry of Justice 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.

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 Ben Thanh 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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