VietNamNet Bridge – Hanoi authorities have asked the local People’s Council’s permission to raise the registration fee of motorbikes and cars.

 


In its petition sent to the Hanoi People’s Council, the Hanoi People’s Committee proposes to increase registration fee on cars (both new and secondhand) from the current level of 12 percent to 20 percent for the first time, with cars of less than ten seats. The fee from the second registration will be 15 percent.

 

Hanoi administration wants to raise registration fee to curb the growth of personal vehicles, to reduce traffic jams, to increase budget revenue to invest in public transport projects.

 

The Hanoi authorities also propose the fee for registration paper and plates, as follows:

 

Type of car

Current fee

Proposed fee

Cars (except for those of less than 10 seats, not be used for transport services)

VND150,000đ

VND500,000

Cars of less than 10 seats (not be used for transport services)

VND2 milllion

VND20 million

Motorbikes

Priced less than VND15 million

VND500,000

VND500,000

 

Priced from VND15 to VND40 million

VND1 million

VND2 million

 

Priced more than VND40 million

VND2 million

VND4 million

 

The new fees will be considered at the upcoming meeting of the Hanoi People’s Council in early December.

 

Man Chi