This Resolution set forth pilot auction of car license plates, including: car license plates put up for auction, property auction organizations; reserve prices, deposits, bid increments, auction proceeds; form, method, procedures for auction; auction in case there is only one auction registrant, one bidder, and one bidder offering bid; rights and obligations of the auction winner of a car license plate.
Accordingly, the car license plate put up for auction is the one having white background with black letters and numbers, except for license plates issued to cars of military enterprises and projects, business entities in joint venture with foreign partners, cars of foreign organizations and enterprises, diplomatic missions, consular agents, representative offices of international organizations and foreigners working in foreign and international agencies and organizations operating in the Vietnamese territory.
The Ministry of Public Security and the property auction organization shall select and make public the car license plates to be put up for auction.
The reverse price of a car license plate put up for auction is VND 40,000,000.The deposit is equal to the reverse price of a car license plate put up for auction. Auction form is online auction.
This Resolution comes into force as of July 1, 2023 and will be implemented for 3 years.
|Published||Vietlaw's Newsletter No. 594|