1. Property Information:

- Property name, quantity and quality of auctioned property: Advantage value of land use rights and property attached to the land on an area of 2,980 m² of land for non-agricultural production and business establishments leased with annual payment at land lot No. 63, map sheet No. 36 (According to the Certificate of land use rights, ownership of houses and other land-attached property No. BP851187 issued by the Department of Natural Resources and Environment of Ninh Binh province on October 6th, 2014 to Van Bao Ngoc Co., Ltd.)

- Address of the property: Tan Thanh Ward, Ninh Binh City, Ninh Binh Province

- Starting price: VND 22,282,000,000

(In words: Twenty two billion, two hundred and eighty two million Vietnam dong)

2. Deadline for submission of document:

The deadline for direct submission is 05 working days from the date of notification (Your documents submitted by post are confirmed according to the postmark, provided that BIDV Ninh Binh must receive it within 07 days from the date of notification).

3. Location of submission:

- Bank for Investment and Development of Viet Nam JSC – Ninh Binh Branch, Customer Room 3, Address: Le Hong Phong Street, Dong Thanh Ward, Ninh Binh City, Ninh Binh Province

- Contact person: Mr. Lam Quang Hiep

(Email: hieplq2@bidv.com.vn; Tel: 0985530583).

4. Criteria for selection:

- The auction organization must have the necessary facilities and equipment to secure the auction for the type of property to be auctioned.

- The auction plan must be feasible and effective.

- Capacity, experience and reputation of the auction organization.

- Remuneration for auction services, appropriate costs of property auction.

- Be on the list of property auction organizations announced by the Ministry of Justice.

- The operation period is at least 3 years.

- There are at least 03 auctioneers.

5. Registration document includes:

- Legal documents of the enterprise.

- The company profile.

- An offer letter, relevant documents according to Section 4 of this Notice, and other commitments of the auction organization (if any).

* Notes:

- The registration documents will be automatically invalidated in case of the auction organization is not allowed to auction according to the provisions of law.

The selected auction organization will use the asset auction service contract form issued by BIDV (with a contract form attached to this Notice).

- BIDV Ninh Binh will send a written notice of the results to the selected auction organization, those units that are not notified of the results will be considered unselected, and BIDV Ninh Binh will not return the documents to those unselected units.


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