The Bank for Investment and Development of Vietnam (BIDV) has announced plans to put secured assets of Xuan Kien Auto JSC (Vinaxuki) up for auction to recover the VND1.26 trillion (US$55 million) non-performing loan.
Xuan Kien Auto JSC (Vinaxuki) will sell its manufacturing factory Me
Linh 1 in Ha Noi to repay its creditors, the company''s Director General
Bui Ngoc Huyen announced last month.
