‘Lucky’ license plates set to go under the hammer in Vietnam
By Mei Ling Tan
1 min read
Channeling people’s love of lucky numbers into the state budget: Why not? Vietnamese people are die-hard fans of lucky numbers and are ready to pay a hefty price to obtain license plates or phone numbers with “meaningful” strings of digits.
In that context, Vietnamese authorities have been pushing the country’s legislature for a new circular that would legalize the auction of personalized license plates to raise funds for the state budget.
The Traffic Police Department under the Ministry of Public Security has been advocating the auction of license plates for many years but to no avail due to conflicts with the existing Property Auction Law, under which license plates are not listed as valid objects for auctioning.