BIDV announces the auction of properties HL

RELEASED DATE
11 Dec 2023

Vietnam Joint Stock Commercial Bank for Investment and Development of Viet Nam (BIDV) announces the selection of property auction organization as follows:

Aseset information:

No.	Aution assets
1	Land use right at parcel of land No 995, map sheet No 4. Adress: Tan Khanh Ward, Tan An City, Long An Province.
2	Land use right at parcel of land No 996, map sheet No 4. Adress: Tan Khanh Ward, Tan An City, Long An Province.
3	Land use right at parcel of land No 1088, map sheet No 4. Adress: Tan Khanh Ward, Tan An City, Long An Province.
4	Land use right at parcel of land No 2198, map sheet No 4. Adress: Tan Khanh Ward, Tan An City, Long An Province.

- Reserve price (Starting price): 44.635.578.000 VND.

2. Time to receive records:

Deadline for direct submission is 03 working days from the date BIDV posted the notice on the website: www.bidv.com.vn (dossier sent by post is calculated by postmark).

3. Location to receive records:

- Loan workout center (Area 4) - Joint Stock Commercial Bank for Investment and Development of Vietnam (Address: 24 Le Thanh Ton, Ben Nghe Ward, District 1, Ho Chi Minh City).

- Contact person: Mr. Le The Anh (Email: anhlt31@bidv.com.vn, Mobile: 0938396766).

4. Selection criteria:

No.	Criteria
1	Group of criteria bases on necessary facilities and equipment to guarantee to auction kind of auctioned assets (with attached pictures to verify)
2	Group of criteria bases on realizable and effective auction plan
3	Group of criteria bases on competence, experience, and reputation of asset auction organization
4	Group of criteria bases on suitability remuneration of auction services and auction costs
5	Named in the list of asset auction organizations announced by the Ministry of Justice
6	Having a minimum operating period of 3 years
7	Having at least 3 auctioneers
8	Alternative groups of suitable criteria are decided by the entity that owns the debt

BIDV will bases on the information into the registration documents of debt aution organizations to mark according to all criterias of the attached Criteria Table.

5. A registration dossier includes:

- Legal documents of the business (certified copy/copy).

- Description of capacity, experience, auction plan.

- Letter of bid, other commitments of the auction organization (if any).

* Note:

The auction organization commits the truthfulness and accuracy to the auction registration documents submitted at BIDV and undertakes to take legal responsibility if inaccurate information affects the results auctioned assets to recover debts of BIDV.
Application documents are automatically invalid in case the auction organization is not permitted to conduct an auction in accordance with the laws.
BIDV will send a written notice of the result to the selected auction organization, those not received such notice are deemed as not selected. BIDV will not return the documents to the unselected organizations.

Best regards./.