Vietnam government reduces registration fees to boost car sales

Registration fees for domestically produced and assembled cars shall be halved for three months, from September to November this year. - Photo: Vietnam News/ANN

HANOI (Vietnam News/ANN): The Vietnamese government has announced a temporary 50% reduction in registration fees for domestically produced and assembled cars from Friday (Aug 30) onwards.

This policy, detailed in Decree No. 109/2024/ND-CP, will be in effect from September 1 to November 30, 2024. After this period, standard registration fees will be reinstated.