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BIDV Ho Chi Minh City announces the auction of assets

Publish date
11/09/2019
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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
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