HomeTrucks And VansFinance ministry calls for higher costs on pickup trucks and vans

Finance ministry calls for higher costs on pickup trucks and vans

The Ministry of Finance has proposed growth within the registration charges for pickup vehicles and vehicles with carriage capacities of much less than 1,500kg and less than five seats to ensure equity for cars with fewer than nine seats. The rate for pickup trucks and cars, registered for the primary time, is most effective two consistent with cent of the value of the car, even as automobiles with nine seats or fewer face expenses of 10-15 according to the cent, depending on the locality in which they’re registered.


This is one of the points in a draft document despatched to the Government featuring amendments and supplements to some articles within the Government’s Decree No. A hundred and forty/2016 /NĐ-CP on car registration expenses. In the draft, the ministry proposes that these vehicles’ rate might be identical to 60, in line with cent of the primary registration charge for cars with nine seats or fewer. Meanwhile, the second registration fee charge, applied while the vehicle is sold, can be 2 in line with cent of the car’s value.

According to the finance ministry’s information, the range of pickup trucks, which include imported and domestically manufactured fashions, increased rapidly every year between 2012-17. The number of vehicles imported and manufactured locally 2012 turned into three 305 gadgets and doubled to more than 6,900 units in 2013. By 2017, this quantity has reached 28,911 units. In common, the wide variety of automobiles imported and synthetic locally every 12 months is 16,383 devices.

In truth, pickup vans with transport capacities of much less than 1,500 kg and five seats or fewer are used to carry passengers in addition to shipment. Meanwhile, other vehicles are used only to deliver items. The ministry additionally points out that motors diagnosed as cars observe avenue rules that still encompass pickups and vehicles. “Accordingly, pickups and trucks experience no restrictions on time allowed to circulate in urban centers and are permitted to tour in vehicle lanes,” stated the ministry within the draft.

With a pickup truck worth approximately VNĐ600 million (US$25,690), consumers presently pay a registration price of two in step with cent, equivalent to VNĐ12 million. If the draft choice is permitted, the customer will pay approximately VNĐ54 million for the first registration, the best degree, about four. five times better than the cutting-edge fee. — VNS

Elaine Howell
Elaine Howell
Automobile engineering is my hobby and I like to write about cars. My blog covers everything related to automobiles, from engines to design, manufacturing, maintenance, repair, and even new models. Automobile engineering is something that requires lots of skills, and I have been practicing since I was in college. Automobile engineering is limited to one’s technical ability and involves understanding many other aspects such as sales, marketing, legal, financial, and so on. Therefore, this is a perfect job for an individual who is interested in all aspects of automobile industry.

Must Read