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registration fees

Govt reduces registration fees to boost car sales

Govt’ reduces registration fees to boost car sales

The Vietnamese government has announced a temporary 50 per cent reduction in registration fees for domestically produced and assembled cars.
PM requests to complete the decree on car registration fees in July

PM requests to complete the decree on car registration fees in July

Prime Minister Phạm Minh Chính has just signed off on key tasks and solutions to promote growth, control inflation and stabilise the macroeconomy in July and the third quarter of this year.
MOF proposes 50% cut in registration fees for cars

MOF proposes 50% cut in registration fees for cars

The Ministry of Finance asked key ministries, branches and agencies, for their feedback on the proposal to extend the reduction of registration fees for domestically manufactured and assembled cars in Việt Nam.
Auto stocks expected good prospects on supportive policies

Auto stocks expected good prospects on supportive policies

Interest rate cuts and a 50 per cent reduction in automobile registration fees are seen as positive factors for the industry in the second half of 2023.
50% cut in automobile registration fees to be effective from July 1

50% cut in automobile registration fees to be effective from July 1

The decree aims to help enterprises in the domestic automobile manufacturing industry who are faced with high surplus inventory alongside reduced access to capital, high interest rates, changes in exchange rates, and inflation.
Domestic cars to have registration fees cut by half from July 1

Domestic cars to have registration fees cut by half from July 1

Domestically produced and assembled cars are to have their registration fees slashed by half during the last six months of 2023, according to the Government Office. 
Cut on automobile registration fees to facilitate auto industry

Cut on automobile registration fees to facilitate auto industry

The Ministry of Industry and Trade supporting the reduction of automobile registration fees is considered a positive effect to the auto industry in the context of the automobile market facing many difficulties.
MoIT supports 50 per cent cut on auto registration fees

MoIT supports 50 per cent cut on auto registration fees

The Ministry of Industry and Trade (MoIT) reports that it is necessary to devise a 50 per cent cut on auto registration fees and extend the payment of excise tax on locally-assembled and manufactured cars.
Government issues new decree on registration fees

Government issues new decree on registration fees

Deputy Prime Minister Le Minh Khai has recently signed Decree No. 10/2022 on regulating registration fees. The decree will take effect from March 1 this year.
Proposal suggests slashing new car registration fees

Proposal suggests slashing new car registration fees

The Ministry of Finance (MoF) has proposed slashing registration fees for locally built cars by 50 per cent until May 2022, to increase sales and encourage recovery in the automobile industry.  
EV incentive to cost State budget VND8.6 trillion

EV incentive to cost State budget VND8.6 trillion

Slashing registration fees by half for electric vehicles (EVs) may cost the State budget as much as VND8.6 trillion (US$380 million) a year, according to the latest report by the Ministry of Finance. 
Proposed registration fee cut for domestic cars sparks controversy

Proposed registration fee cut for domestic cars sparks controversy

A proposed registration fee cut for domestically-produced cars has angered importers who believe it is discriminatory
Registration fees for electric cars cut by half: MoF

Registration fees for electric cars cut by half: MoF

Registration fees for new electric cars are to be cut by half compared to those with internal combustion engines, following recommendations by the Ministry of Finance (MoF). 
VAMAs proposal of reducing registration fee for domestically-produced cars rejected

VAMA’s proposal of reducing registration fee for domestically-produced cars rejected

The Ministry of Finance has rejected the Viet Nam Automobile Manufacturers’ Association (VAMA) proposal to continue reducing the registration fees for new domestically-produced cars by 50 per cent.
Registration fee cut does little to revive auto market

Registration fee cut does little to revive auto market

The cut in the fee has reduced the cost of car ownership, which the Government hoped would help revive a slumping auto market. But it has not worked out that way, at least not so far.