On December 18, the Traffic Police Department (Ministry of Public Security) announced the approval of the plan to organize the 9th auction of vehicle license plates, totaling over 2.52 million plates from 34 localities nationwide.
Among these, approximately 591,000 are car license plates, and over 1.9 million are motorcycle license plates. The list has been publicly posted on the Ministry of Public Security’s e-portal and the Traffic Police Department’s website for public reference. According to regulations, one month after the posting, the Traffic Police Department will collaborate with Vietnam Auction Joint Stock Company (VPA) to officially launch the 9th auction.
Currently, relevant units are still conducting the 8th license plate auction, which began on October 20. As of now, the 8th auction has successfully sold nearly 46,000 plates, generating approximately 1.7 trillion VND in revenue.
In 2025 alone, license plate auctions have contributed around 5.2 trillion VND to the state budget. Notably, many five-digit car plates continue to fetch auction prices in the tens of billions of VND, highlighting the significant public interest in this auction format.
Since the inception of license plate auctions, the total revenue has reached approximately 9.6 trillion VND, becoming a substantial source of income for the state budget.
TH (Tuoitrethudo)
Vietnam’s 8th License Plate Auction Kicks Off with a Bang, Raising Nearly VND 63 Billion
On the afternoon of October 20th, Vietnam Partnership Auction Company (VPA) officially launched the 8th vehicle license plate auction session.
Porsche 356 Speedster: A Classic Icon Heading to Auction with an Estimated Value of $550,000
The classic car world is abuzz with the discovery of a forgotten Porsche 356 Speedster, a true automotive time capsule. This rare find, hidden away in an Ohio barn for over 60 years, is a testament to the enduring appeal of this iconic sports car. With its sleek design and powerful performance, the Porsche 356 Speedster has long been a favorite among enthusiasts, and this newly unearthed example is sure to captivate collectors and aficionados alike.
The One-of-a-Kind Ferrari Daytona SP3: A Record-Breaking Auction Sale
Ferrari stole the spotlight at this year’s Monterey Car Week with a record-breaking auction sale of the one-of-a-kind Daytona SP3 599+1. The iconic car fetched a staggering $26 million, captivating automotive enthusiasts and collectors alike.
“The $14 Million Ferrari XX Supercar Trio Headed to Auction”
These three Ferrari XX racecars, hailing from a single collection worth tens of millions of dollars, present a rare opportunity for the discerning enthusiast.
The Ultimate Maserati MC12: Unveiling the Record-Breaking Sale
With a price tag of $5.2 million, this Maserati MC12 makes the Bugatti Chiron seem like a bargain for car enthusiasts.
