On August 20, Mr. Tran Thu, Deputy Director of the Department of Finance of Da Nang City, announced the selection of Joint Stock Auction Company No. 5 - National to organize the auction of 20/39 surplus cars for general work.
There are 2 participating units competing to organize the auction of the above assets. During the scoring process, the capacity, experience and reputation of Joint Stock Auction Company No. 5 - National were rated higher than Da Nang Asset Auction Center, so they were selected.
The 20 vehicles to be auctioned are surplus public service vehicles recovered under Decision No. 1263/QD-UBND. The starting price approved by the Da Nang People's Committee in mid-July is over 2.5 billion VND.
It is known that these 20 surplus public cars will be auctioned as a whole lot, not individually. None of the public cars auctioned by Da Nang City are worth billions. All of the cars are old models.
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