HCM City to raise car registration fees by 5 times from September

Ho Chi Minh City will increase registration fees for new private cars smaller than 10 seats from September 1 by 5.5 times from the current VND2 million (US$95.2).

On July 29, delegates of the Ho Chi Minh City People’s Council approved a draft resolution on registration fees for new vehicle registration.

Registration fees for new cars of less than 10 seats and not operating in the transport sector will be increased by 5.5 times to VND11 million.

Container truck registration will rise to VND150,000 from VND100,000.

For motorbikes, authorities want the fees raised by 1.5 times. Those worth less than VND15 million will cost VND750,000 to register, rising to VND3 million for more expensive motorbikes.

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