Accordingly, the above 16 land lots have a usable area of 120-162m2, starting price from 7.5 to 9.9 million VND/m2. There are 26 customers participating in the auction. Thai Nguyen City People's Committee has chosen Viet Bac Auction Partnership Company to organize the auction. As a result of the auction, all 16 land lots had customers participating in the auction of use rights, with the total proceeds of nearly 20 billion VND. The process, procedures and steps to organize the auction take place in accordance with the regulations and the Law on Land Auction of the State.