The registration fee for cars will be cut to 10 percent next year from the current level of 15 per cent, according to the Ministry of Finance.
The registration fee for cars will be cut to 10 percent next year from the current level of 15 per cent, according to the Ministry of Finance.
Also, for secondhand cars, the registration fee will also decrease sharply to 2-5 percent from the current 10-15 percent.
Finance Minister Vuong Dinh Hue said high fees would increase tax evasion and lead to tax losses.
(Source:VNS)