2020 Vietnam Vehicle Registration Fees: A Guide

Mr. Ba, residing in Thanh Tri, Hanoi, planned to purchase a new Hyundai H100 truck to transport goods from his warehouse on Minh Khai Street to distributors in Ha Dong. He was unsure about the 2020 vehicle registration fees. Fortunately, during a visit to the Thaco Truong Hai truck dealership on Giai Phong Street, he received thorough consultation on registration fees and related taxes.

What are 2020 Vehicle Registration Fees?

Vehicle registration fees are mandatory charges that vehicle owners must pay when registering their vehicle for the first time in Vietnam. These fees are regulated by the Law on Non-Agricultural Land Use Tax.

Note: 2020 vehicle registration fees may differ from previous years. Thorough research is recommended before purchasing a vehicle.

2020 Vehicle Registration Fee Table

Example: Mr. Ba buys a Hyundai H100 truck for 500 million VND and registers it in Hanoi. His registration fee is: 500,000,000 x 2% = 10,000,000 VND.

For a clearer understanding of the calculation, refer to the illustration below:

Calculating Vehicle Registration Fees

Frequently Asked Questions about Vehicle Registration Fees

1. Are there any discounts on 2020 vehicle registration fees?

There were no government discounts on vehicle registration fees in 2020.

2. What is the payment procedure for vehicle registration fees?

You can pay directly at the Tax Department or online.

3. Do used trucks require registration fees?

Used trucks do not require initial registration fees. However, a transfer of ownership fee applies.

For a better understanding of the vehicle registration and fee payment process, refer to the illustration below:

Vehicle Registration and Fee Payment Process

Where to Buy Quality Trucks?

Looking for a quality truck at a reasonable price? Visit Xe Tai Ha Noi – a reputable provider of Hyundai, Isuzu, Hino trucks, and more. We are committed to providing complete customer satisfaction with professional service and high-quality products.

For a visual overview of our quality trucks, see the image below:

Quality Trucks from Xe Tai Ha Noi

Learn More:

• Used Truck Sales in Ho Chi Minh City
• Used Car Sales in Ho Chi Minh City

Conclusion

Vehicle registration fees are a significant expense when buying a vehicle. We hope this article has provided valuable information about 2020 vehicle registration fees. If you are looking to buy a truck, contact Xe Tai Ha Noi for expert advice and assistance.