DECREE ON PILOT AUCTION OF AUTOMOBILES’ NUMBER PLATES FROM JULY 01, 2023
On June 26, 2023, the Government hereby issues Decree No. 39/2023/ND-CP detailing a number of articles of Resolution No. 73/2022/QH15 dated November 15, 2022, on the pilot auction of automobiles’ number plates.
The Decree No. 39 guides steps to organize an auction of automobiles’ number plates as follows:
Step 1: Registration for participating in the auction
- The registration for participating in the auction shall be carried out totally online on the online auction website of the property auction organization;
- Bidder shall be provided with an account to get access to, be guided on how to use the account, how to offer bids and other contents on the online auction website to conduct the auction;
- Bidders, according to their needs, shall select the automobile’s number plates in the list of automobiles’ number plates to be put up for auction in all provinces and centrally-run cities nationwide to participate in the auction;
- Bidders shall pay the dossier expenses, the deposit for the automobile’s number plates selected for auction to the account of the property auction organization and shall be granted a code to participate in the auction for such automobile’s number plates;
- The property auction organization shall be responsible for receiving information on registration for participating in the auction and the deposit continuously from the date on which the property auction is publicly announced until 03 days before the auction is organized.
Step 2: Bidding
Bidders shall access to the online auction website using their own accounts and conduct auction procedures as prescribed in the Auction Regulations.
Step 3: Determining the winning bidder
At the end of the online auction, the online auction website shall identify the winning bidder, announce the auction result, display the auction minutes for confirmation by the winning bidder, and send them to the emails of bidders who have registered with the property auction organization.
Auctioneers shall be responsible for organizing the online auction and authenticating the auction minutes with digital signatures to send to the winning bidder.
Decree No. 39/2023/ND-CP takes effect on July 01, 2023.
