FINANCE MINISTRY UPDATES REGISTRATION FEES FOR AUTOS, MOTORBIKES

In Viet Nam, the registration fee is between 10 per cent and 12 per cent of the car value in different cities and provinces.

According to the revised Decision 942/QĐ-BTC issued on May 24, the ministry has added the registration fees for 135 types of imported auto with nine seats and less, 19 types of locally-assembled cars with nine seats and less, two kinds of imported electric cars, 29 types of imported motorbikes and 127 kinds of locally-assembled motorbikes.

Topping the list are luxury imported cars, which have high engine displacement.

McLaren 650S Spider, with an engine displacement of 3,800cc, is priced at VND22.02 billion (US$966,637); 6,000cc Bentley Flying Spur is priced at VND19.5 billion; and 3,800cc McLaren 570S is priced at VND12.57 billion. With a registration fee of 12 per cent in Ha Noi, customers will have to pay VND2.64 billion, VND2.34 billion and VND1.5 billion more to own these cars, respectively.

The ministry added in the list imported Audi models and BMW models of X4 and X6, with prices ranging from VND850 million to VND3.4 billion and from VND2.3 billion to VND3.4 billion, respectively.

The ministry also updated the prices of locally assembled models with nine seats and less into the list, including 2,400cc Toyota Hiace, which is priced at VND802 million, Mercedes-Benz C200K, E250, E200 and E300 with prices ranging from VND1.08 billion to VND2.77 billion, 2,000cc Mazda CX5 AT-2WD at more than VND1 billion and 2,400cc Ford Transit at VND1.25 billion.

Insiders said that the increase in registration fees was foreseen because it had been adjusted according to the market prices, as proposed by auto businesses.

The ministry also added several imported motorbike types, including Harley-Davidson Cvo Limited, Harley-Davidson Ultra Limited Low, Harley-Davidson Street Glide Special and Honda CB1100 EX, which is priced between VND455 million and VND1.86 billion.

The registration fee is being applied at 2 per cent of the motorbike value in cities and provinces nationwide, excluding two major cities of Ha Noi and HCM City, where customers have to pay 5 per cent.

Source: VNS

Related News

MEMBER CORNER / PROMOTIONS

VIETNAM'S MANUFACTURING STORY HAS CHANGED IN 2026

Vietnam is no longer attracting investment solely because of its competitive costs. Today, global manufacturers are increasingly choosing Vietnam for its expanding industrial ecosystem, resilient supply chains and growing role in high-value sectors such as semiconductors, electronics and advanced manufacturing.

Jul 24, 2026

BANKING / FINANCE / INSURANCE / TAX

VIETNAM NEEDS OVER $200BN FROM STOCK MARKET IN NEXT 5 YEARS

Speaking at the event, Bui Hoang Hai, vice-chairman of the State Securities Commission of Vietnam, said total investment demand in the 2026-30 period is estimated at VND38,000 trillion ($1.4 trillion). The state budget can only provide approximately VND8,500 trillion ($323 billion), or 20 percent, leaving the remaining 80 percent to be sourced from private and international capital.

Jul 23, 2026

VIETNAM ECONOMY INVESTMENT

HUNG YEN BUILDS DIGITAL FOUNDATIONS TO DRIVE LONG-TERM GROWTH

From strengthening data infrastructure to developing AI platforms, Hung Yen province is enhancing governance capacity while laying the groundwork for the growth of its digital economy. Hung Yen, about 50-60km southeast of Hanoi, has maintained steady momentum in implementing its digital transformation agenda, creating a stronger foundation for the province to advance science, technology, and innovation.

Jul 23, 2026

VIETNAM ECONOMY INVESTMENT

CHINESE INVESTMENT WAVE OPENS NEW DOORS

As Chinese companies move beyond factory relocation to ecosystem-driven investment, Vietnam has a rare opportunity to evolve from a low-cost production base into a strategic node in regional value chains. When global companies first diversified supply chains, the focus was largely on relocating manufacturing capacity.

Jul 23, 2026

VIETNAM ECONOMY INVESTMENT

VIỆT NAM STEPS UP EXPORT TO ACHIEVE US$550-BILLION TARGET

Việt Nam is intensifying efforts to sustain export momentum in the second half of 2026 as the country works towards its target of US$550 billion in export revenue for the year, despite continuing uncertainties in global trade. Statistics show that exports reached $266.5 billion in the first six months, meaning the economy needs to generate around $245.5 billion more during the remainder of the year to meet the annual goal.

Jul 23, 2026

VIETNAM ECONOMY INVESTMENT

ASIA POWERS VIETNAM’S SHRIMP BOOM, LEAVING THE WEST BEHIND

In the first half of 2026, Vietnam's shrimp exports surpassed the US$2.3 billion mark, driven largely by booming demand from China and a lobster craze. But behind that growth figure lies a lopsided picture: Asia is carrying the load, while the U.S. and Europe have yet to break out. These days, a container of frozen shrimp leaving a Ho Chi Minh City port is more likely to cross the East Vietnam Sea to Shanghai than the Pacific to Los Angeles.

Jul 23, 2026