On 13/10/2026, Sacombank announced it has selected an auction organisation to sell collateral securing a loan to Minh Tien Group (MTG), a company operating in the coffee sector. The assets are seven land-use rights in Trung An commune, Cu Chi district, HCMC, with a combined starting price of 120.5 billion dong. The land certificates were last updated for transfers to two individuals in 2024. Minh Tien traces its origins to coffee export and has supplied coffee to international groups including Neumann, Atlantic, Mitsui & Co. and Marubeni Corp.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Ngân hàng siết nợ một doanh nghiệp cà phê có tiếng
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