Bidding is known as a form of asset purchase that appeared very early in human history. Around the end of the nineteenth century, when the world moved to a market economy, the exclusive supply of a certain type of goods and services ceased. Instead, it required suppliers to always compete for the right to supply goods and services in the market. Thereby, bidding also appeared and existed as a civilized mode of competition in that economy. This has also appeared as a legal story calling for great attention. The study will indicate Vietnamese regulations for the liquidation of corporate assets aside from theory analysis