Owner of Elisa floating restaurant on Saigon river has debt foreclosed by bank

Elisa ship owner owes nearly 134 billion VND

On April 18, the HCM City Property Auction Service Center will auction the debt of Hao Huy Trading Company Limited at Agribank - Saigon branch. The debt is secured by the asset of the Elisa ship, an inland waterway vehicle with a registration certificate issued by the Department of Transport on October 24, 2012.

As of February 28, this debt is estimated at nearly 134 billion VND, including more than 59.8 billion VND of principal and more than 74.1 billion VND of interest.

The ship was built in 2007 by Bao Tin Company Limited, with a design length of 44.29m, a design width of 16m, and a side height of 3.5m.

The ship has a steel hull, is equipped with a 650 CV Mitsubishi engine, and can carry up to 1,000 people or 20 tons of cargo.

The ship is currently owned by Hao Huy Trading Company Limited and is being used as a floating restaurant at Saigon Port. In addition to the Elisa, the mortgaged property also includes a Camry SE 3.5 car.

Can accommodate 1,000 guests at a time

Hao Huy Trading Company Limited was established in 2005 with a charter capital of 60 billion VND (according to the business registration certificate in July 2020). The company is the investor of Elisa Floating Restaurant (Elisa ship).

Elisa is the largest floating restaurant in Vietnam, with a capacity of 1,000 guests at a time, and is arranged in a variety of spaces such as: outdoors, indoors, banquet halls and VIP rooms. Unlike other restaurant ships, Elisa does not move but is anchored at the pier.

With a prime location, Elisa Floating Restaurant is also a fireworks viewing spot in Ho Chi Minh City every holiday and Tet.