Vietnam’s 2021 Truck Tax Break: Your Chance to Own a Truck

“Where there’s a will, there’s a way.” This old adage rings true, especially if you dream of owning a truck for transporting goods and boosting your business. In 2021, the Vietnamese government issued a truck tax break, creating a golden opportunity for aspiring truck owners to purchase vehicles at more affordable prices. Let’s delve into the details of this 2021 truck tax reduction with Xe Tải Hà Nội!

2021 Truck Tax Break: Tangible Benefits for Buyers

The 2021 truck tax break (Decision No. 103/2021/NĐ-CP) was enacted by the Vietnamese government to stimulate consumer spending and alleviate difficulties faced by the automotive industry due to the Covid-19 pandemic. From December 1st, 2021, to May 31st, 2022, buyers of domestically manufactured or assembled vehicles received a 50% reduction in registration fees.

For truck buyers, this presented an excellent opportunity to save significantly. Instead of paying the previous 2% of the vehicle’s value, buyers only paid 1% during this period. For instance, Mr. Minh from Cau Giay District, Hanoi, purchasing a Kenbo X30 truck for 300 million VND, would save 3 million VND in registration fees.

Truck tax reduction in Vietnam

Important Considerations Regarding the 2021 Truck Tax Break

While offering numerous benefits, the 2021 truck tax break had some important stipulations:

• Applied only to domestically produced or assembled vehicles: Imported vehicles were not eligible for this incentive.
• Limited time frame: Buyers needed to act quickly to take advantage of this opportunity.
• Thorough understanding of procedures and required documents: To ensure a smooth purchase process, buyers needed to familiarize themselves with regulations, procedures, and prepare all necessary documents.

Frequently Asked Questions about the 2021 Truck Tax Break

1. Does the tax break apply to used trucks?

No. The tax break applied only to new, domestically manufactured or assembled vehicles. If you are interested in used trucks, please explore our selection here.

2. Can I finance a truck purchase and still receive the tax break?

Yes. You can finance a truck purchase and still benefit from the registration fee reduction. Financing used cars in Hanoi is a popular option.

3. How can I determine if a truck is domestically produced or assembled?

You can verify this information on the vehicle’s certificate of origin or contact a dealership directly for assistance.

Xe Tải Hà Nội: Your Trusted Source for Quality Trucks

With extensive experience in the truck industry, Xe Tải Hà Nội prides itself on being a reliable provider of quality trucks at competitive prices, catering to diverse customer needs.

We are committed to:

• Providing genuine, high-quality trucks with clear origins.
• Assisting customers with efficient and professional vehicle purchase procedures.
• Offering dedicated and thoughtful consultations to help customers choose the most suitable truck.

Xe Tải Hà Nội – Truck dealership in Hanoi

In addition, Xe Tải Hà Nội provides professional and reliable truck repair and maintenance services.

For inquiries about purchasing a truck or learning more about the 2021 truck tax break, please contact Xe Tải Hà Nội at 0987.654.321 for expert advice and assistance.

Popular Truck Models at Xe Tải Hà Nội

Along with common truck models, Xe Tải Hà Nội offers a variety of specialized trucks, such as:

• Used Kenbo 5-seater Van Trucks: https://xetaihanoi.edu.vn/xe-tai-van-kenbo-5-cho-cu/
• Sleeper Trucks: https://xetaihanoi.edu.vn/xe-giuong/
• Used Solati Trucks: https://xetaihanoi.edu.vn/solati-cu/

Conclusion

The 2021 truck tax break was a significant government initiative that provided a valuable opportunity for individuals to own trucks at reduced prices. Don’t miss out! Contact Xe Tải Hà Nội today for expert advice and to find your perfect truck!

Share this article if you found it helpful and leave a comment below to share your thoughts!