VietinBank’s Tay Ninh branch is reoffering two groups of Lavifood collateral at a combined starting auction price of nearly VND703 billion, VnExpress reported. That is roughly half the asking level of more than VND1.3 trillion announced in March. The assets comprise land-use rights and buildings at the Tanifood Tay Ninh factory, plus its production lines and machinery. The disposal is intended to recover debt through the relevant procedures. The report links Lavifood to Truong My Lan. The latest starting price is not a confirmed sale price or money already recovered by the bank.