Trung Linh Phat Company Limited (abbreviated as Trung Linh Phat Company) operates in the field of petroleum trading, headquartered at No. 8, Trang An Street, Hoa Lu Ward, Ninh Binh Province. The legal representative is Mr. Tran Van Dan, Chairman of the Board of Directors.

According to VietinBank , the appraisal of the market value of Trung Linh Phat Company's debt serves as the basis for determining the starting price to organize a public auction of the debt.

Accordingly, Trung Linh Phat's total debt obligations at VietinBank Ha Giang as of December 1, 2025 amount to more than VND 1,021 billion.

The assets securing the above trillion-dong debt include: 4 land use rights owned by Trung Linh Phat in Tuyen Quang and Ninh Binh provinces; 1 land use right owned by Ms. Nguyen Thi Sau at 141 Hai Ba Trung, Xuan Hoa ward, Ho Chi Minh City; 6 term savings books issued by MB Bank Ninh Binh Branch, owned by Ms. Pham Thi Linh.

In addition, the secured assets also include inventories; property rights, receivables arising from economic contracts owned by Trung Linh Phat Company Limited.

Previously, in September 2024, VietinBank Ha Giang announced the sale of Trung Linh Phat's collateral, including 9 real estate properties and properties attached to land in Hoa Binh province (now Phu Tho) and Ninh Binh (old), under an agreement. The entire proceeds will be used to pay off debts at VietinBank Ha Giang.

Also in 2024, Agribank organized an auction of land use rights, means of transport, and gas stations of Trung Linh Phat to recover bad debts.

Trung Linh Phat Company Limited was established in 2009 and used to be a major petroleum distributor in many northern provinces and the Central Highlands. However, in November 2024, the Ministry of Industry and Trade revoked the company's petroleum import-export business license.

Source: https://vietnamnet.vn/ngan-hang-dinh-gia-khoan-no-nghin-ty-cua-dai-gia-xang-dau-ninh-binh-mot-thoi-2469429.html