Hanoi Truck Registration Fees: A Comprehensive Guide

“Buying a truck is easy, paying the fees is hard,” a common saying among drivers, leaves many newcomers to the trucking industry feeling apprehensive. Among these fees, the “vehicle registration fee” is an unavoidable expense when purchasing a truck. So, what is the truck registration fee? How is it calculated, and what is the payment procedure? Let’s delve into the details with HANOI TRUCKS!

What is the Truck Registration Fee?

The truck registration fee is a fee that motor vehicle owners must pay to the government when buying a new vehicle or transferring the ownership of a used vehicle. It’s a mandatory tax and fee for participating in traffic in Vietnam, clearly stipulated in the Law on Non-Agricultural Land Use Tax.

Why Pay the Truck Registration Fee?

Many people wonder, after spending a significant amount on purchasing a vehicle, why pay an additional registration fee? The reason is that this fee is used to invest in developing transportation infrastructure, ensuring security and order, and serving the public interest.