Draft decree on auto registration fee reduction submitted to Government
HCMC – The Ministry of Finance has sent a draft decree to the Government, proposing a 50% registration fee cut for domestically manufactured and assembled cars. The ministry submitted the draft Government decree after receiving feedback from the Ministry of Justice on its contents. If approved by
Car sales may remain lackluster despite fee cut: Finance Ministry
HCMC – The Government has approved a proposal to reduce the registration fee for domestically manufactured automobiles by 50%. However, the Ministry of Finance has predicted that the fee cut may not have the desired impact. The Ministry of Finance, along with relevant agencies, has been tasked
Trade Ministry backs car registration fee cut again
HCMC – Given the difficulties faced by local car manufacturers, the Ministry of Industry and Trade finds it necessary to apply some support measures, including registration fee reduction for locally manufactured and assembled automobiles. The Ministry of Trade and Industry repeated its proposal at
Finance Ministry rejects 50% registration fee cut request again
HCMC – The Ministry of Finance has reiterated its rejection of a proposal to reduce 50% of the registration fee for local car manufacturers. The ministry wrote to the prime minister on April 28, stating that domestically manufactured and assembled cars should not be entitled to a 50% registration
Trade Ministry backs 50% car registration fee cut
HCMC – The Ministry of Industry and Trade has thrown its weight behind a proposal for a 50% registration fee cut and an extension of special consumption tax payments for domestically made and assembled cars to boost consumption. Deputy Minister of Industry and Trade Phan Thi Thang wrote to the
Associations propose halving car registration fee
HCMC – Associations have proposed the central Government halve the registration fee for locally assembled or manufactured cars during the first half of the year to boost market demand. In a letter sent to Prime Minister Pham Minh Chinh, they also asked for an extension of the deadline to pay the