Joint Stock Commercial Bank for Investment and Development of Vietnam – Phu Dien Branch (BIDV Phu Dien) hereby announces the selection of property auction organizations as follows:

1. Information of property:

Property name: Veam truck

Control plate number: 37C-299.74

Model: VT 250-1MB

Frame number: RN1E1B1B4FMJ01580

Machine number: D4BHE805039

Year, country of manufacture: 2015, Vietnam

Reserve price: VND190,000,000  (In words: one hundred and ninety million Vietnamese Dongs)

2. Time for submission:

The time-limit for direct submitting is 05 days starting from the date of notice (the date which the files were submitted via mailing is attested by date on postmark, provided that they are submitted to BIDV Phu Dien within 07 days starting from the date of notice)

3. Place for submission:

BIDV Phu Dien. Address: No.4 Ward, Dien Chau town, Dien Chau District, Nghe An Province.

Contact person: Mr. Hoang Ngoc Thin (Email:; Phone: 0969.369.357)

4. Criteria for selection:

Organizations registering to participate in auction must meet the following criteria:

- Necessary facilities and equipment to secure the auction for the type of asset to be auctioned.

- The auction plan is feasible and effective.

- Capacity, experience and reputation of the asset auction organization.

- Remuneration for auction services, appropriate property auction costs.

- Being on the list of asset auction organizations announced by the Ministry of Justice.

- Has a minimum operating period of 3 years.

- There are at least 03 auctioneers.

- In order to ensure the progress and regulations on Covid-19 epidemic prevention and control, priority should be given to auction organizations based in areas that are not subject to the Prime Minister's directives on measures to prevent and control the Covid-19 epidemic. 19.

5. Application includes:

- Organization legal documents

- A written description of competence and experience.

- Price quotation, other commitments of the auction organization (if any).


- Application documents of the unselected organizations will automatically be expired.

- BIDV Phu Dien will issue a written notice of the result to the selected property auction organization, those not being selected will not receive such notice. BIDV Phu Dien will not return the documents to the unselected organizations


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