The domestic car license plate auction market has recently witnessed a new record as the plate number 99A-999.99 from Bac Ninh province fetched a staggering 21.8 billion VND, the second-highest bid ever.
This unique plate number is considered a rare find among collectors and is believed to hold special feng shui significance.
The number 99, being the largest two-digit number, symbolizes completeness and stability. In feng shui, the number 9, or “Cửu,” represents longevity and permanence. The repetition of five nines, known as “ngũ quý 9,” is seen as the ultimate symbol of luck, power, and prosperity. The letter “A” on the plate indicates a personal vehicle, adding to its appeal for those seeking to showcase their exclusive status.
According to the Traffic Police Department, the auction of car license plates since its implementation on September 15, 2023, has generated approximately 6,600 billion VND for the state budget. This initiative caters to the desires of those seeking attractive plate numbers while ensuring transparency and promoting legal compliance.
The high bid of over 21.8 billion VND for the 99A-999.99 plate number underscores the enduring allure of the “super VIP” license plate market in Vietnam, where individuals are willing to invest significantly in number combinations carrying special significance.
Data from the Traffic Police Department reveals that six auction sessions have been conducted since the introduction of car license plate auctions on September 15, 2023, raising nearly 6,600 billion VND for the state budget. This initiative balances the interests of enthusiasts seeking aesthetically pleasing plate numbers while maintaining transparency, encouraging legal compliance, and generating substantial revenue.
TH (Tuoitrethudo)
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