Hanoi Truck Sales Surge with Reduced Registration Fees

Mr. Ba, a small grocery store owner in Hanoi’s Old Quarter, had long dreamed of owning a small truck to ease his daily burden of transporting goods on his aging motorbike. Limited funds, however, forced him to postpone this dream.

One day, Mr. Ba’s son excitedly announced, “Dad, the government has reduced car registration fees! Now’s the time to buy a truck!” Overjoyed, Mr. Ba immediately researched the new policy and suitable truck models.

Mr. Ba’s story resonates with many aspiring truck owners. What exactly is this registration fee reduction, and how does it impact the truck market? Let’s delve into the details with Hanoi Trucks!

Reduced Registration Fees: A Win-Win for Buyers and the Truck Market

What are Car Registration Fees?

Car registration fees are taxes levied on vehicle owners upon initial registration. The fee is calculated as a percentage of the vehicle’s value. The government’s reduction of these fees aims to stimulate consumer spending and support individuals and businesses in purchasing new vehicles, including trucks.

Why Buy a Truck Now?

Advantages of buying a truck during the registration fee reduction period:

• Significant cost savings: The reduction can save buyers millions of Vietnamese Dong, easing their financial burden.
• Opportunity to own your dream truck: With the savings, buyers can opt for higher-quality trucks with more features.
• Boost your business: A new truck enables faster and more efficient goods transportation, increasing productivity and income.

A man riding a motorcycle with boxes on the back.A man smiling with a newspaper about car tax reduction.