Military Bank Asset Management Joint Stock Company (MBAMC) has successfully selected an auction unit to handle the collateral assets of Quan Minh Co., Ltd., the developer of Ocean Park Urban Area in Van Don Special Economic Zone (Quang Ninh). The asset package includes the rights to exploit a white sand mine, a sand processing plant, and 443 land plots within the Ocean Park project, aimed at recovering an estimated debt of over VND 444.6 billion.