Wealthy farmer in Chau Duc district spends nearly 7 billion VND to secure auction win for auspicious license plate number 77777 in Ba Ria – Vung Tau province.

In the intense final seconds of the auction, this billionaire emerged victorious with a bid of 6.85 billion VND. His generous offer of 1 billion VND proved to be the game-changer, securing him the win.

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Yesterday, on December 23, 2023, the Vietnam joint-stock auction company organized a car license plate auction. Thousands of stunning license plates were offered, including dozens of plates with repeated numbers, pentachords, and progressive numbers. These unique plates are expected to be highly sought after by affluent individuals.

During the first round of the auction, a surprising number of participants showed interest in the license plate 72A-777.77. The bidding prices for this plate soared to remarkable heights, indicating its popularity among many individuals. As a result, the auction became extremely competitive.

A wealthy agricultural tycoon from Chau Duc district spent nearly 7 billion VND to secure the pentachord license plate 7 of Ba Ria – Vung Tau province

After 30 minutes of intense bidding, the license plate 72A-777.77 was finally won with a bid of 6.85 billion VND. The victorious bidder claimed the highly coveted pentachord license plate 7 of Ba Ria – Vung Tau province, and it was revealed that they had placed a last-minute bid of 1 billion VND.

The identity of the auction winner for the license plate 72A-777.77 has not been disclosed. However, it is known that the winner is involved in the agricultural products business and currently resides in Chau Duc district, Ba Ria – Vung Tau province.

As per the regulations, the winning bidder must fulfill the full payment within 15 days from the announcement of the auction results. This payment is deducted from the deposited amount (40 million VND), but it does not include vehicle registration fees.

Furthermore, the winner is required to register the awarded license plate for their vehicle within 12 months. Failure to meet this deadline will result in the transfer of the license plate to the registration and management system, and the bidder will not receive a refund of the deposited amount.

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