Public assets to be auctioned

by VTV418 May 2018 Last updated at 07:38 AM

VTV.vn - The selling of public assets worth above 440 US dollars must be conducted through public auctions.

This is a new regulation issued by the Ministry of Finance under the law on public property management. Specifically, assets to be sold and liquidated will be posted on a web portal and all citizens can register to purchase. The Ministry of Finance said that this new regulation will attract more participants, and raise the price of public assets. Notably, cars and land must be auctioned regardless of price.

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