BIDV Thai Nguyen announces the selection of asset auction organization

RELEASED DATE
12 Oct 2022

The Joint Stock Commercial Bank for Investment and Development of Vietnam – Thai Nguyen Branch (BIDV Thai Nguyen) hereby announces the selection of asset auction organization as follows:

1. Debt information:

- Debt sale demand: Mrs Ngat Duong Thi.

- Name and address of debtor:

+ Name: Mrs Ngat Duong Thi

+ Address: Bai Bong Ward, Pho Yen City, Thai Nguyen Province.

Reserve price of debt: 9,918,867,532 VND (excluding VAT)

(In words: Nine billion, nine hundred and eighteen million, eight hundred and sixty seven thousand, five hundred and thirty two Vietnamese dong ./.)

Security measures for the debt:

No.	Name of asset	Contract no.	Name of owner
1.	The land use rights, ownership of house and other properties associated with land according to Certificate of land use rights, ownership of house and other properties associated with land No. CQ 089698 dated 25/11/2019, issued by Department of Natural Resources and Environment of Thai Nguyen province.	01/2020/5920542/HĐTC	Mrs Ngat Duong Thi
2.	The land use rights, ownership of house and other properties associated with land according to Certificate of land use rights, ownership of house and other properties associated with land No. BB 122144 dated 31/03/2010, issued by People’s Committee of Pho Yen Town	02/2020/5920542/HĐTC	Mrs Ngat Duong Thi
3.	The land use rights, ownership of house and other properties associated with land according to Certificate of land use rights, ownership of house and other properties associated with land No. CL 276439 dated 28/06/2018, issued by Department of Natural Resources and Environment of Thai Nguyen province.	03/2020/5920542/HĐTC	Mrs Ngat Duong Thi
4.	The land use rights, ownership of house and other properties associated with land according to Certificate of land use rights, ownership of house and other properties associated with land No. CR 022044 dated 24/05/2019, issued by People’s Committee of Pho Yen Town	04/2020/5920542/HĐTC	Mrs Ngat Duong Thi

2. Deadline for application submission:

The deadline for direct application submission is 07 days from the date of notification (date of documents submitted by post shall be determined by postmark but must be delivered to BIDV Thai Nguyen no later than 10 days from the date of notification).

3. Place of submission:

- Joint Stock Commercial Bank for Investment and Development of Vietnam – Thai Nguyen Branch. Risk Management Department.

- Address: No.653, Luong Ngoc Quyen St., Thai Nguyen City, Thai Nguyen Province.

- Contact person: Ms. Lien Luc Phuong (email: lienlp@bidv.com.vn; mobile: 0969.368.989).

4. Selection criteria:

- Auction organization must meet criteria specified in Clause 4, Article 56 of the Law on Asset Auction 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 Thai Nguyen 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.