State-owned bank Vietinbank is seeking to auction 10 land plots on Phú Quốc Island with a total reserve price of VNĐ27 billion (over US$1 million) to recover loans from a borrower.
Real estate developer Binh Minh Investment and Trading Company Limited has rejected the purchase of land at Thu Thiem New Urban Area, Thu Duc City, despite initially winning the bid for it at auction.
