Vietnam Auction Joint Stock Company has just announced the organization of an auction of the right to use 32 plots of land in the new residential area and Residential Area No. 2 of An Vien commune, Tien Lu district (old) now Hoang Hoa Tham commune, Hung Yen province.
The total area of land put up for auction is 3,095.4m2, with lots ranging from 77.5m2 to 125m2. The starting price ranges from 8 - 20.4 million VND/m2, equivalent to about 800 million VND to more than 1.5 billion VND for each plot of land. The auction is organized in the form of direct secret ballot in one round, with the method of bidding up.
The unified price step applied to all plots is 200,000 VND/m2. The auction participation dossier has a fee of VND 100,000/ dossier for land plots with a starting price of less than VND 1 billion, and VND 200,000/ dossier for plots with a value of 1 - less than VND 5 billion.
An auction participant can participate in auctioning many plots of land, each plot of land must submit a set of documents with the condition that each plot of land must pay for the purchase of documents to participate in the auction and a deposit corresponding to the number of plots of land registered for auction.
The deposit ranges from 160 - 220 million VND/land lot. Note, auction participants pay a deposit for each separate plot of land. In case of registering many plots of land and paying the add-on fee, they must ensure to pay the correct and full amount for all excess land stated on the Auction Registration Form. If the add-on fee is paid but there is a lack of money, the entire dossier of the registered plots of land will be considered invalid and not eligible to participate in the auction.
The auction documents will be sold from 8:00 a.m. on September 17, 2025 to 5:00 p.m. on October 1, 2025, at the Hoang Hoa Tham Commune Public Administration Service Center, Hung Yen Province.
The auction is scheduled to take place at 8:30 a.m. on October 4, 2025 (Saturday), at the Hall of the Cultural House of Hoang Hoa Tham commune, Hung Yen province.
