Truck Registration Fees in Vietnam: A Comprehensive Guide

A farmer, after a lifetime of saving, finally bought a water buffalo. Leaving the market, a tax officer stopped him: “Water buffalo tax!”. The farmer was bewildered; even buying a buffalo incurred taxes. Hearing this, a young man buying a Hyundai HD120 truck at Truong Chinh Hyundai dealership chuckled: “Buying a truck is much more expensive, with registration tax, license plate fees…”

Indeed, besides the joy of owning a vehicle, especially a truck, buyers need to understand the associated registration fees. This guide provides a comprehensive overview to help you confidently navigate the process!

Truck Registration Fees in Vietnam

Bringing your truck home requires paying these mandatory fees:

1. Registration Tax

This tax applies to first-time purchases of new vehicles. The current registration tax for trucks is 10% of the vehicle’s value.

Example: If you buy a Hino 500 Series truck for 1 billion VND, the registration tax is 100 million VND.

Note: Registration tax rates may vary depending on local policies.

2. License Plate Fee

This fee includes the cost of new license plates and road usage fees. Truck license plate fees are calculated based on the vehicle’s load capacity.

Example: Registering a Thaco Towner 990kg truck in Hanoi will cost 2 million VND in license plate fees.

3. Vehicle Inspection Fee

For legal road operation, your truck must undergo inspection and you must pay the associated fee. Truck inspection fees range from 300,000 to 500,000 VND.

4. Compulsory Civil Liability Insurance

This insurance is mandatory for all motor vehicles on public roads. Truck insurance premiums depend on load capacity and intended use.

Example: Civil liability insurance for a cargo-carrying Isuzu QKR truck is approximately 1 million VND/year.

5. Other Fees

Besides the main fees, you may encounter:

• Vehicle registration service fee: Approximately 500,000 – 1 million VND.
• Chassis and engine number engraving fee: Around 200,000 VND.
• Road maintenance fee: Paid annually, based on the truck’s load capacity.

Truck registration fees in Vietnam

Truck Registration Fee Table (Reference)

Note: This table is for reference only. Actual fees may vary depending on time and location.

Essential Tips for Paying Truck Registration Fees

• Thoroughly research the fee policies in your registration locality.
• Prepare all necessary documents to save time and effort.
• Consider seeking assistance from the dealership or professional registration services.

Frequently Asked Questions

1. Do I have to pay registration tax when buying a truck on installment?

Answer: Yes. You must pay registration tax based on the full vehicle value, regardless of payment method.

2. Where can I register my truck’s license plate?

Answer: You can visit the local traffic police office or register online via the National Public Service Portal.

3. What is the penalty for expired truck registration?

Answer: Penalties apply even for one day past the expiration date and increase with the number of overdue days.

Truck license plate registration

Choose a Reliable Partner at Xe Tai Ha Noi

With extensive experience in truck distribution, Xe Tai Ha Noi is a trusted provider of high-quality trucks at competitive prices. We are committed to a seamless buying experience with comprehensive and efficient registration support.

Visit our Xe Tai Ha Noi showrooms at:

• Showroom 1: 123 Giai Phong Street, Hai Ba Trung District, Hanoi.
• Showroom 2: 456 Nguyen Trai Street, Thanh Xuan District, Hanoi.

Or call our hotline 0987.654.321 for consultation and the best quotes!

Conclusion

Understanding truck registration fees is crucial for legal and worry-free operation. We hope this article has provided valuable information. We wish you success in acquiring your desired truck and smooth travels on all roads!