According to the announcement, the plots of land put up for auction are 16 plots of urban land, for housing purposes, in the residential area of Dong Phuong commune, Kien Thuy district (now belonging to Ninh Hai 2 Residential Group, Duong Kinh ward). These plots of land are allocated by the state with land use fees and long-term use. The plots of land without assets attached to the land have been invested in synchronous technical infrastructure including a traffic system and clear land boundaries.
The person with the auctioned assets is the Economic, Infrastructure and Urban Affairs Department under the People's Committee of Duong Kinh Ward. The auction organizer is HP.Auserco Joint Stock Auction Company. The auction location is at Duong Kinh Ward People's Committee, No. 869 Pham Van Dong Street, Duong Kinh Ward. The auction is conducted by indirect voting, according to the method of bidding up. The price step is the difference between the next bidding and the previous bidding, applied in cases where each plot of land has 2 or more people participating in the auction, which is valid and has a continued bidding level.
The time for selling and receiving documents to participate in the auction, receiving bids, and depositing money is until 5:00 p.m. on December 22, 2025 (during office hours) at HP.Auserco Joint Stock Auction Company. The time for field surveys of the land plot is from December 16 to December 18. The official auction will be held at 9:00 a.m. on December 25 at the People's Committee of Duong Kinh Ward.
Auction participants can register to participate in one or more plots of land, each plot must submit a set of documents and a separate bid form according to regulations. The auction participants are organizations and individuals who meet the conditions prescribed by law, submit complete documents, bids and deposits within the notice period. The determination of the auction winner is carried out publicly and transparently according to the prescribed order and procedures; the person with the highest valid bid is the auction winner.
Notice of auction of land use rights in Duong Kinh ward to effectively exploit land funds, create revenue for local budgets, and at the same time contribute to completing infrastructure, urban development and meeting the housing needs of local people.