What is assessment of the capacity, experience and reputation of asset auction organization in Vietnam?

No

CONTENT

MAXIMUM LEVELS

III

Capacity, experience and reputation of the asset auction organization

45.0

1

In the immediately preceding year, an auction service contract for the same type of property has been performed as the property expected to be auctioned (Property auction organization lists all property auctions conducted. The property owner is not required to submit the original or copy of the contract) Only choose to score one of the criteria 1.1, 1.2, 1.3, 1.4 or 1.5

6.0

1.1

Less than 03 contracts (including cases where no contract is performed)

2.0

1.2

From 03 contracts to less than 10 contracts

3.0

1.3

From 10 contracts to less than 20 contracts

4.0

1.4

From 20 contracts to less than 30 contracts

5.0

1.5

From 30 contracts or more

6.0

2

In the immediately preceding year, auctions were organized into auctions of the same type of asset with the asset expected to be auctioned with an average difference between the winning price and the starting price (Property auction organization lists all property auctions conducted. The property owner is not required to submit the original or copy of the contract)

Only choose to score one of the criteria 2.1, 2.2, 2.3, 2.4 or 2.5

18.0

2.1

Less than 20% (including the case of no difference)

10.0

2.2

From 20%) to less than 40%

12.0

2.3

From 40% to less than 70%

14.0

2.4

From 70% to less than 100%

16.0

2.5

From 100% or more

18.0

3

The period of operation in the field of asset auction is counted from the time of establishment decision or issuance of operation registration certificate (Business registration certificate for asset auction businesses established before the effective date of the Asset Auction Law)

Only choose to score one of criteria 3.1, 3.2 or 3.3

5.0

3.1

Under 03 years

3.0

3.2

From 03 years to less than 05 years

4.0

3.3

From 5 years or more

5.0

4

Compare the number of auctioneers of the asset auction organization

Only choose to score one of the criteria 4.1, 4.2 or 4.3

3.0

4.1

01 auctioneer

1.0

4.2

From 02 to less than 05 auctioneers

2.0

4.3

From 05 auctioneers or more

3.0

5

Practicing experience of auctioneers of asset auction organizations (Calculated from the time of being granted the Auctioneer Card according to Decree No. 05/2005/ND-CP dated January 18, 2005 of the Government on auctions assets or register for a list of auctioneers at the Department of Justice according to Decree No. 17/2010/ND-CP dated March 4, 2010 of the Government on asset auctions or auctioneer card according to the Asset Auction Law)

Only choose to score one of the criteria 5.1, 5.2 or 5.3

4.0

5.1

There are no auctioneers with 3 years or more of practice time

2.0

5.2

From 01 to 02 auctioneers with 03 years or more of practice time

3.0

5.3

03 or more auctioneers with 03 years or more of practice time

4.0

6

Pay corporate income tax or contribute to the State budget in the immediately preceding year, minus value added tax

Choose to score only one of the criteria 6.1, 6.2, 6.3 or 6.4

5.0

6.1

Under 50 million VND

2.0

6.2

From 50 million VND to under 100 million VND

3.0

6.3

From 100 million VND to under 200 million VND

4.0

6.4

From 200 million VND or more

5.0

7

Staff work under labor contracts

Only choose to score one of the criteria 7.1 or 7.2

3.0

7.1

Less than 03 employees (including cases where there are no employees)

2.0

7.2

From 03 employees or more

3.0

8

There is a trainee practicing in an asset auction organization in the immediately preceding year or the year of submitting the registration application to participate in the selection.

1.0

No

CONTENT

MAXIMUM LEVELS

IV

Appropriate remuneration for auction services and asset auction costs

Choose to score only one of criteria 1, 2 or 3

5.0

1

Equal to the auction service remuneration according to regulations of the Ministry of Finance

3.0

2

Reduction of less than 20% of the maximum auction service remuneration (not applicable to the percentage remuneration on the difference in asset value according to the winning auction price and the starting price according to regulations of the Ministry of Finance)

4.0

3

Reduction of 20% or more in the maximum auction service remuneration (not applicable to the percentage remuneration on the difference in asset value according to the winning auction price and the starting price according to regulations of the Ministry of Finance)

5.0

No

CONTENT

MAXIMUM LEVELS

V

Other criteria suitable for the auctioned asset are decided by the person having the auctioned asset

5.0