Ha Noi cuts car registration fees

Tuesday, Jul 02, 2013 16:11

This decision is expected to increase car sales in the city, helping automobile manufacturers overcome difficulties caused by falling sales. Photo oto.com.vn

HA NOI (Biz Hub) — Ha Noi People's Council has decided to cut registration fees for new cars with fewer than 10 seats from 15 to 12 per cent.

Meanwhile, registration fees for second-hand cars with fewer than 10 seats will remain at 2 per cent.

This decision is expected to increase car sales in the city, helping automobile manufacturers overcome difficulties caused by falling sales.

Motorbike users will pay a road-use fee of VND100,000 each year. The money will be sent to the country's road maintenance fund. — VNS

 



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