VietinBank Chau Doc Branch has just announced the auction of assets of Viet Thang Fish Company Limited to settle debt.

The properties for sale include land use rights for non-agricultural production facilities, area 12,583.2m2, and land use rights for urban residential areas, area 94.7m2. Both properties are located in My Thoi ward, Long Xuyen city, An Giang province. These properties are both under the names of Mr. Huynh Quang Khap and Ms. Pham Thi Tuyet Giang.

The property for sale also includes a factory (grade 2 construction) built on land with a total area of ​​4,527.5m2. The fence has a reinforced concrete frame wall structure and fence frame, electric poles, three-phase electric wires, house balconies, collective housing areas, trees on the land and other constructions attached to the land. The starting price is 114.578 billion VND.

Previously, VietinBank Chau Doc announced the auction of Viet Thang Fish's assets in July and August 2024, with starting prices of more than VND 141 billion and more than VND 104 billion, respectively.

In the two previous sales, VietinBank Chau Doc only offered to sell two land use rights without the "attached" factory.

Viet Thang Fish Company Limited was established in June 2019, operating in the field of aquaculture, with a charter capital of 20 billion VND. Currently, the legal representative and director is Mr. Nguyen Thanh Viet.

Mr. Viet is also the owner of Minh Duc Seafood Company Limited with a charter capital of 9 billion VND, established in October 2023.

In addition, Mr. Viet contributed capital to establish another seafood company, Clean Fish Seafood Company Limited, in February 2021.