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Car license plate auctioned for VND75 billion

The Saigon Times

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HCMC – The license plate with the number 30K-999.99 has been successfully auctioned for a staggering VND75.2 billion, the highest price ever paid in a car license plate auction in Vietnam to date.

The auction of the 30K-999.99 license plate commenced at 9:15 a.m. this morning, January 13. Within just one minute, the highest bid had already reached more than VND25 billion.

As the auction extended into the fifth minute, the bidding price surpassed VND75 billion. Ultimately, the winning bid was announced at over VND75.2 billion at 10:45 am.

As of the end of January 8, over 11,000 car license plates were successfully auctioned, with winning bids totaling nearly VND1,700 billion, according to Tuoi Tre news site.

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