Government cars with blue license plates in the southern province of Binh Phuoc. Photo: Do Truong
The Vietnamese government’s assets were estimated at nearly VND999.7 trillion (US$45.85 billion) as of December 31 last year, news website VnExpress quoted the finance ministry as reporting Thursday.
It represented a year-on-year reduction of over VND3 trillion ($137.6 million), mainly due to transfer and sale of some assets.
Land accounted for nearly 70 percent of the assets and buildings for over 24 percent.
Vehicles made up around 2 percent at more than VND20.6 trillion ($945 million) worth, the ministry, which told state agencies last year to tighten their spending on vehicles, said.
A total of 507 cars were bought last year for over VND473 billion ($21.7 million).
Prior to the ministry's advisory, state agencies used to buy 500-700 new cars in a year. But in 2012, they bought a total of 2,391 cars for more than VND2.7 trillion ($123.8 million).