Joint Stock Commercial Bank for Investment and Development of Vietnam – Ho Chi Minh City Branch (BIDV HCM) would like to announce the selection of asset auction organization as follows:

1. Information of property: Land use rights and asset attached to land according to Certificate of land use rights No. 2441/SXD issued by Construction Department of Ho Chi Minh City for Mr. Nguyen Van Tu on 16 March 2004, amended on 22 November 2016.

- Property description: Land lot No.35 Map No.8 (BDDC). Land area in use: 94.9 m2; Total area: 111,4 m2.

- Address: No.948/11 Bis, Lo Gom Street, Ward 8, District 6, Ho Chi Minh City.

2. Property Seller: Bank for Investment and Development of Vietnam

- Address: 35 Hang Voi Street, Hoan Kiem District, Hanoi

- Authorized entity: Bank for Investment and Development of Vietnam – Ho Chi Minh City Branch.

- Address: 134 Nguyen Cong Tru Street, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City.

3. Organize property auctions: Truong Thinh Auction Company

Address: 46 Street No.02 Chu Van An Housing, Ward 26, Bình Thạnh District, Ho Chi Minh City.

4. Starting price: VND5,000,000,000  

Conveyance fee and Notary fee will be charged to asset buyer.

Bid increment: minimum of VND20,000,000

5. Deposit: VND500,000,000 (10% of the starting price).

6. Price of a set of auction documents: VND500,000/1 set

7. Time and place for purchasing auction documents:

From listing date of the property auction to 17:00 pm 01 October 2019 at Truong Thinh Auction Company, Address: 46 Street No.02 Chu Van An Housing, Ward 26, Binh Thanh District, Ho Chi Minh City; or BIDV Ho Chi Minh City Branch, Address: No.134 Nguyen Cong Tru Street, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City.

8. Time and place for application submission: Truong Thinh Auction Company, Address: 46 Street No.02 Chu Van An Housing, Ward 26, Binh Thanh District, Ho Chi Minh City

9. Time and place for reviewing property:

From listing date of the property auction to 17:00 pm 01 October 2019 at the place of the property (No.948/11 Bis, Lo Gom Street, Ward 8, District 6, Ho Chi Minh City).

10. Time and place for placing deposit: During office hours from 01 October 2019 to 3 October 2019 to the account number of Truong Thinh Auction Company opened at BIDV Ho Chi Minh City Branch.

11. Time and place of the auction: at 14:00 pm on 4 October 2019 at Truong Thinh Auction Company, Address: 46 Street No.02 Chu Van An Housing, Ward 26, Binh Thanh District, Ho Chi Minh City.

12. Bidding methods:

- Form of auction: Bidding by direct voting at the auction.

- Method of auction: Open ascending price auction.

13. Contact information:

- Truong Thinh Auction, Address: 46 Street No.02 Chu Van An Housing, Ward 26, Binh Thanh District, Ho Chi Minh City

Contact person: Mr. Nguyen Dinh Hong Loc – Tel: 096 678 1939

- BIDV Ho Chi Minh City Branch Head office: No.134 Nguyen Cong Tru Street, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City.

Contact person: Mr. Vo Tien Nam - Tel: 093 603 7939

BIDV

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