The Maritime Bank of Vietnam (MSB) has announced the auction of the Hai Phuong Glory and Southern Wealth ships to recover loans.
Hai Phuong Glory is a general cargo ship. This ship was built in 2012, registered in Hai Phong port and inspected in Vietnam; the selling price is 38 billion VND.
Meanwhile, Southern Wealth is an oil tanker built in Vietnam in 2015 and registered in Hai Phong. The selling price of this ship is 57 billion VND, including VAT.
Repossessed car of a bank
According to MSB, these prices are the starting prices, excluding any taxes, fees, and the value of materials and supplies on board at the time of handover (if any). The winning buyer must pay the full purchase amount within 15 days from the signing date of the sales contract with MSB. At the same time, they must repurchase all remaining oil and fuel on the ship (if any) on the handover date. The amount of remaining oil on the ship is determined by the appraisal company’s result.
Meanwhile, Saigon – Hanoi Commercial Joint Stock Bank (SHB) announced the sale of a repossessed Mercedes-Benz S500 car, registered in Hanoi, manufactured in Germany in 2015, with a starting price of 1.01 billion VND. SHB stated that the car is being sold because there is no need for it.
Public Bank (PVcomBank) also announced that it is looking for a partner to organize the auction of a 5-seater Mazda CX-5 car in red, registered in Hanoi in 2019. The starting price for this car is 556 million VND. On the market, used Mazda CX-5 cars are priced at around 700 million VND or less.
Another bank, the Global Petroleum Bank (GPBank), is selling a Honda City car, manufactured in Vietnam in 2017, with a minimum price of 240 million VND. This is a collateral asset of a customer for debt recovery. The market price for this car is about 370 million VND.
