In a surprising twist during Vietnam’s first-ever auction of motorcycle license plates, a plate from Ca Mau province fetched a record VND 158 million (approximately USD 6,240) - the highest among nearly 50,000 plates on offer.

Minister of Public Security To Lam said the auction aims to meet the personal desires of vehicle buyers, improve management of means of transport, increase collection for the State budget and create transparency in number plate issuance.