Ho Chi Minh City Car Registration Fees: How Much Does It Cost?

“Even stone monuments erode over time, but vehicles retain their blue plates for millennia.” Perhaps our ancestors recognized early on that the “ego” and “brand” of each vehicle are represented by its license plate. But how much does this “blue plate” cost in the magnificent city of Saigon? Let’s explore with Hanoi Trucks!

Understanding the Question: What Are Car Registration Fees in Ho Chi Minh City?

The Concerns of New Car Buyers

Mr. Ba, a simple and frugal man from the Mekong Delta, saved for years to buy his first car. Yet, upon receiving the quotation from the dealership, he frowned: “Why is there an additional fee for license plate registration?” Mr. Ba’s story is not uncommon. Understanding car registration fees in Ho Chi Minh City is not just a financial matter but also a common concern for many new car buyers.

Transparent Pricing – A Factor in Building Trust

Publicly disclosing and ensuring transparency regarding car registration fees in Ho Chi Minh City is essential. This helps people understand the regulations and avoid unnecessary complications. According to American automotive market analyst John Smith, “Transparency in tax and fee policies is a crucial factor in enhancing the credibility of local authorities, attracting investment, and promoting economic development.”

The Answer: Car Registration Fees in Ho Chi Minh City

Current Car Registration Fees in Ho Chi Minh City

Currently, car registration fees in Ho Chi Minh City are regulated as follows:

• Cars: 20 million VND
• Trucks: 1 million VND

Note: These fees are subject to change based on time and legal regulations.

Factors Affecting the Fees

Car registration fees in Ho Chi Minh City are calculated based on several factors, including:

• Vehicle Type: Cars, trucks, buses, etc.
• Engine Displacement: Vehicles with larger engine displacements incur higher fees.
• Purpose of Use: Commercial transportation, personal use, etc.

Citizens and Government

Feng Shui and License Plates: A Spiritual Belief of the Vietnamese

Choosing a license plate is not merely an administrative procedure but also a cultural beauty of the Vietnamese people. Many believe that a beautiful license plate, in harmony with feng shui, will bring luck and prosperity to the owner. Some are willing to pay substantial sums for “quadruple” or “quintuple” plates, or numbers with auspicious meanings like 39 (Talent and Fortune) or 68 (Prosperity and Fortune).

However, excessive indulgence in spirituality and paying exorbitant amounts for lucky license plates can lead to undesirable consequences.