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Agribank sells debt secured by more than 3,500 hectares of acacia forest

Recently, Agribank has put the debt of D&G Vietnam Company Limited up for auction, with a starting price of nearly VND97.5 billion.

Báo Đắk NôngBáo Đắk Nông08/06/2025

Accordingly, the book value of the provisional debt as of March 17, 2025 is 162.1 billion VND, of which the principal debt is 91.6 billion VND, the interest debt is 70.5 billion VND (interest debt on time is 49.1 billion; overdue interest debt is 21.3 billion.

Interest continues to accrue until D&G Vietnam Company Limited fully repays the principal at Agribank Nam Ha Noi Branch.

Agribank sells debt secured by more than 3,500 hectares of acacia forest
Debt sold by auction

The debt is secured by assets of the entire raw material forest - Acacia mangium in Cao Phong district and Da Bac district, Hoa Binh province of D&G Vietnam Company Limited, according to the Certificate issued by the People's Committee of Hoa Binh province on an area of 35.55 million m2, equivalent to about 3,555 hectares.

The debt is sold by auction, with a starting price of nearly VND 97.5 billion (excluding taxes, fees and other financial obligations as prescribed by law).

The auction is scheduled to be held at 10:00 a.m. on June 11 at Dai Viet Joint Stock Auction Company, located on the 5th floor of building 89 Dam Quang Trung Street (Long Bien Ward, Long Bien District, Hanoi ).

D&G Vietnam Company Limited has been operating since 2005, with headquarters at No. 11, Alley 10, Lane 19, Dong Tac Street (Kim Lien Ward, Dong Da District, Hanoi City).

The legal representative is Ms. Do Thi Quynh, in addition, she is also the representative of D&G Hoa Binh LLC. The company operates in the field of travel agency, forestry service activities, etc.

Source: https://baodaknong.vn/agribank-rao-ban-khoan-no-duoc-the-chap-bang-hon-3-500ha-rung-keo-254951.html


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