Importing a Used Truck to Vietnam: Unpacking the Costs

Anh Tuan, a small business owner in Hanoi’s Long Bien District, has been contemplating upgrading his fleet. Intrigued by the reputed durability of imported used trucks, he’s considering investing in one. However, the complexities of import taxes for used vehicles in Vietnam are proving daunting. Is there a way to decipher the cost equation and help Anh Tuan realize his dream of a new truck?

This article from Xe Tai Ha Noi will break down the various taxes associated with importing a used vehicle and address common questions, empowering you on your transport business journey.

What are Import Taxes for Used Vehicles in Vietnam?

Import taxes for used vehicles are simply the fees you must pay to the Vietnamese government when importing a pre-owned truck from another country.

Types of Import Taxes for Used Vehicles

The topic of import taxes for used vehicles often evokes frustration due to perceived complicated procedures and high costs. In reality, you will be responsible for the following taxes:

• Import Duty: This is the primary tax, calculated as a percentage of the vehicle’s value.
• Special Consumption Tax: Applicable to vehicles with large engine displacements, this tax reflects the government’s objective to discourage fuel-inefficient and polluting vehicles.
• Value Added Tax (VAT): Calculated on the total vehicle value after adding import duty and special consumption tax.