April 19, 2024: What is the auction schedule for car license plates in Vietnam? What is the list of available license plate numbers? Are there any nice ones?
- What is the auction schedule for car license plates in Vietnam on April 19, 2024?
- Vietnam: What is the list of available license plate numbers? Are there any nice ones?
- Vietnam: What is the advance payment? Are bidders entitled to advance payment refund in case of failing to participate in the auction?
What is the auction schedule for car license plates in Vietnam on April 19, 2024?
The Vietnam Partnership Auction Company (VPA), the unit selected by the Ministry of Public Security to organize the auction of vehicle license plates, has announced the online auction schedule for vehicle license plates on April 19, 2024.
Accordingly, the online auction schedule for vehicle license plates on April 19, 2024 will be conducted in two sessions: the morning session and the afternoon session, with each auction lasting for 25 minutes per license plate. The auction will take place on the online auction website https://vpa.com.vn/. The specific schedule is as follows:
Morning session:
+ 8:30 AM - 8:55 AM
+ 9:15 AM - 9:40 AM
+ 10:00 AM - 10:25 AM
+ 10:45 AM - 11:10 AM
Afternoon session:
+ 2:00 PM - 2:25 PM
+ 2:45 PM - 3:10 PM
+ 3:30 PM - 3:55 PM
+ 4:15 PM - 4:40 PM
April 19, 2024: What is the auction schedule for car license plates in Vietnam? What is the list of available license plate numbers? Are there any nice ones? (Image from the Internet)
Vietnam: What is the list of available license plate numbers? Are there any nice ones?
According to the list of vehicle license plates provided by VPA, the auction schedule for vehicle license plates on April 19, 2024 includes several extremely attractive license plates, such as:
30L-0456.78
15K-333.33
20A-777.77
70A-555.55
30L-444.44
15K-299.99
26A-222.22
...
To view the list of vehicle license plates available for auction on April 19, 2024, please refer to the auction listing: Here
Customers participating in the auction session need to submit their documents and make a deposit according to the following deadlines and procedures:
- Submit the deposit before 4:30 PM on April 16, 2024 (according to the specified time of the Vietnam Partnerships Auction account before 4:30 PM on April 16, 2024).
- Total amount: 40,100,000 Vietnamese dong per car license plate (In words: Forty million one hundred thousand dong). This includes a deposit of 40,000,000 dong and an auction participation fee of 100,000 dong.
+ Account name: Vietnam Partnerships Auction.
+ Account number: 1410999999999
+ Bank: Vietnam Bank for Agriculture and Rural Development - My Dinh Branch (Agribank My Dinh).
- Transfer description: Enter the "payment code" in the transfer description/transaction details in the "Payment for car license plate" section on the online auction platform for car license plates.
Vietnam: What is the advance payment? Are bidders entitled to advance payment refund in case of failing to participate in the auction?
Pursuant to Article 39 of the Law on Property Auction 2016, the advance payment and advance payment handling regulations are as follows:
Advance payment and handling thereof
1. A bidder shall make an advance payment, which shall be agreed upon by the property auction organization and property seller and must be between five percent and twenty percent of the reserve price of the auctioned property.
The advance payment shall be deposited into a separate payment account opened by the property auction organization at a commercial bank or foreign bank branch in Vietnam. If the advance payment is valued at under five million Vietnam dong, a bidder may make it directly to the property auction organization. The bidder and property auction organization may reach agreement on substitution of bank guarantee for advance payment.
2. The property auction organization may only collect an advance payment from a bidder within 3 working days before the date an auction opens, unless otherwise agreed upon by this organization and bidder but the collection must be earlier than the date the auction opens. The property auction organization may not use the bidder’s advance payment for any other purpose.
3. The bidder may refuse to participate in an auction and be refunded the advance payment in case of a change in the reserve price, quantity or quality of property with information thereon already displayed or disclosed, and may receive any interest on such advance payment.
4. In case the bidder does not win the auction the property auction organization shall refund the advance payment and pay an interest thereon (if any) within 3 working days after the date the auction ends or within another time limit agreed upon by the parties, except the case specified in Clause 6 of this Article.
5. If the bidder wins the auction, the advance payment and interest thereon (if any) shall be converted into a deposit to secure the performance of a transaction or a contract on purchase and sale of the auctioned property or an obligation to buy the auctioned property after obtaining approval from a competent agency. The deposit shall be handled in accordance with the civil law and other relevant laws.
6. The bidder is not entitled to advance payment refund in the following cases:
a/ He/she has made the advance payment but fails to participate in the auction or price announcement session not due to a force majeure event;
b/ He/she is deprived of the right to participate in the auction for one of the violations prescribed in Clause 5, Article 9 of this Law;
c/ He/she refuses to sign the auction minutes under Clause 3, Article 44 of this Law;
d/ He/she withdraws the offered bid or accepted price under Article 50 of this Law;
dd/ He/she rejects the auction winning result under Article 51 of this Law.
7. In addition to the cases specified in Clause 6 of this Article, the property auction organization may not specify any other cases where the bidder is not entitled to advance payment refund in the rules of an auction.
8. The advance payment prescribed in Clause 6 of this Article belongs to the property seller. In case the property seller is a state agency, the advance payment, after subtracting property auction expenses, shall be remitted into the state budget in accordance with law.
Thus, advance payment shall be agreed upon by the property auction organization and property seller and must be between five percent and twenty percent of the reserve price of the auctioned property.
The bidder is entitled to an advance payment refund if he/she has made the advance payment but fails to participate in the auction due to a force majeure event.
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