On the afternoon of May 22, 2025, an extremely attractive license plate number, 88A-888.88, from Vinh Phuc province, went under the hammer in an online auction, capturing the attention of many.
After 30 minutes of official bidding and 10 extensions, the highest bid for this license plate number reached 21.325 billion VND. According to experts, this price is considered “reasonable” given the symbolic value and uniqueness of the license plate with all digits being 8.
In the culture of Asian countries, the number 8 is considered a symbol of wealth and prosperity. The pronunciation of the number 8 (“bat”) is similar to the word “phát” in “phát tài” and “phát lộc”, which means to become wealthy and prosperous. Therefore, license plates with multiple number 8s are highly sought-after by car enthusiasts.
Especially, the license plate 88A-888.88 not only possesses a quintuple 8 but also bears the prefix 88 of Vinh Phuc province, creating a license plate with all digits being 8, a rare and powerful combination in terms of feng shui. This makes the license plate almost unique in Vietnam’s current automobile license plate system.
Also, on May 22, VPA organized an auction for approximately 16,000 car license plates nationwide. This is part of the online car license plate auction program coordinated by the Traffic Police Department since September 15, 2023.
According to statistics from the Traffic Police Department, as of May 14, 2025, more than 3.5 million license plates have been listed for auction, of which more than 85,800 have been successfully auctioned. The total value of the auctioned assets has exceeded 6,000 billion VND, of which more than 5,200 billion VND has been paid by the winning bidders into the specialized account of the Traffic Police Department for transfer to the state budget.
The car license plate auction program not only helps to make the process of issuing attractive license plates transparent but also contributes to increasing budget revenues and providing additional resources for economic and social development goals.
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