After over a month of implementing the 6th auction of vehicle license plates according to the Government’s Decree 156/2023/ND-CP, the Traffic Police Department announced that tens of thousands of license plates have been successfully auctioned, with a total value of nearly VND 1,600 billion.
A highlight of this auction was the inclusion of motorcycle license plates, allowing citizens not only to choose but also to compete for attractive license plates for their two-wheeled vehicles. The special license plates immediately attracted attention and fetched record-high prices.
Specifically, the license plate 50AA-888.88 (Ho Chi Minh City) was auctioned successfully for VND 1.455 billion, becoming one of the most expensive motorcycle license plates ever auctioned. Other license plates such as 50AA-567.89 (Ho Chi Minh City) reached VND 854 million, 29AC-666.66 (Hanoi) was VND 735 million, 95AA-222.22 (Hau Giang) attained VND 603 million, and 50AB-222.22 (Ho Chi Minh City) fetched VND 562 million. All successful bidders have fulfilled their financial obligations and paid the full amount.
Running parallel to the motorcycle auction, car license plates remained the focal point of the auctions, especially those with consecutive number sequences or quintuples, which are highly sought after by collectors, businesses, and car enthusiasts.
Some of the car license plates that fetched significant prices include: 35A-555.55 (Ninh Binh) for VND 3.15 billion, 15K-555.55 (Hai Phong) for VND 2.145 billion, 47A-899.99 (Dak Lak) for VND 2.075 billion, 93A-567.89 (Binh Phuoc) for VND 1.805 billion, 93A-555.55 (Binh Phuoc) for VND 1.75 billion, and 17A-567.89 (Thai Binh) for VND 1.5 billion. All individuals and organizations who won these license plates have completed their payments to the Ministry of Public Security’s dedicated account.
In summary, after more than a month (from April 8 to May 14), the 6th auction recorded more than 34,600 successful license plate auctions, with a total value of nearly VND 1,600 billion. This included 11,337 car license plates accounting for over VND 1,200 billion and 23,300 motorcycle license plates bringing in about VND 387 billion. These figures mark a significant step forward compared to previous auctions, indicating the growing demand and attraction of attractive license plates in the market as the policy is expanded and improved.
Since the beginning of the organization of license plate auctions according to the new regulations (from September 15, 2023) until now, the total amount of money paid by successful bidders and contributed to the state budget is over VND 5,200 billion. This is a considerable source of revenue, contributing to the state budget through the efficient exploitation of public assets, specifically the right to use vehicle license plates.
TH (Tuoitrethudo)
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