BIDV Thanh Do Branch (BIDV Thanh Do) has just announced the selection of a valuation unit for the debt of An Thai Coneco Auto JSC, with a total principal and interest debt as of July 31, 2024 of more than VND 66.69 billion, of which the principal debt is VND 37 billion and the interest debt is VND 29.63 billion.

Collateral for this debt includes: operating house, production workshop, inspection house, canteen; mechanical workshop; automatic welding machine, hydraulic press, automatic cutting machine.

Besides, there is also an 11-seat Hyundai Starex car with various types of machinery and equipment;...

Notably, the collateral for the loan of An Thai Coneco Auto JSC also includes a Lexus LX570 car manufactured in 2008.

These assets were mortgaged for loan contracts in 2009-2010.

An Thai Coneco was established in 2008, headquartered in Thai Binh City, Thai Binh Province. This enterprise specializes in assembling and distributing specialized vehicles, trucks, and construction machinery.

An Thai Coneco is authorized by foreign truck and specialized vehicle brands such as Foton, Weichai, Yuchai, Sinotruk, Createk, etc. to distribute and guarantee genuine auto parts. The company is currently supplying spare parts from light trucks of 500kg to heavy trucks of over 70 tons.

Recently, An Thai Coneco was notified by the Thai Binh Provincial Tax Department to enforce an administrative decision on tax management by suspending the use of invoices due to overdue tax debt of 90 days. The amount of money to be enforced is more than 8.8 billion VND.