Registration fee for domestically produced cars to be reduced by 50 percent
According to the Vietnamese Prime Minister’s direction, registration fees for domestically produced cars will be reduced by 50 percent.
Cut on automobile registration fees to facilitate auto industry
The Ministry of Industry and Trade supporting the reduction of automobile registration fees is considered to have a positive effect on the auto industry in the context of the automobile market facing many difficulties.
Ministry supports 50 percent cut on auto registration fees
The Ministry of Industry and Trade said that it is necessary to devise a 50 percent cut on auto registration fees.
HCMC People's Council convenes to decide on investment in many civilian projects
On the morning of April 18, the Ho Chi Minh City People's Council convened its 9th meeting (thematic session) to review and approve investment policies for various residential projects in the city.
Thu Duc City to tighten management to prevent tax loss
Thu Duc City People’s Committee has just introduced its plan to tighten management on tax collection and prevent budget revenue loss in the city in 2023.
Auto market faces scarcity, car loan tightening at year’s end
The automotive market is entering the peak shopping season at the end of the year. However, instead of launching promotions massively to stimulate sales, the market has become difficult, making buyers hesitate to buy the car they want.
Tax exemption, reduction policies gain 56.9pct of plan in first eight months
According to the Ministry of Finance, by the end of August, the policies of tax exemption and reduction under the socio-economic recovery program have been implemented around VND34,970 billion (US$1.5 billion), equaling 56.9 percent of the plan being VND61,500 billion (US$2.6 billion).
Thu Thiem land auction results proposed to be canceled
The Department of Natural Resources and Environment of Ho Chi Minh City has recently sent a report to the municipal People's Committee on the cancellation of the auction winning results and the handling of the amount of money coerced from the bank accounts of the auction winners of four land lots in the Thu Thiem new urban area.
Vietnam Register proposes extending road use fee reduction to three more months
The Vietnam Register has just made a petition to the Ministry of Transport to propose the Ministry of Finance consider extending the plan of road usage fee reduction through registration as the current plan to an additional three months to support transport businesses.
Two Thu Thiem land auction winners yet to pay VND100 billion as committed
By the end of May 4, the two winners of the Thu Thiem land auction had not yet paid VND100 billion (US$4.34million) as committed earlier.
Demand outpacing supply of new cars
After bleak days due to the impact of the Covid-19 pandemic, the auto market has become active again along with the country’s economic recovery. The high demand has been outpacing the supply of new cars resulting in an increase in the average price of about 20 percent for different types.
Foreigners can also pay taxes incurred in Vietnam online
On the morning of March 21, the General Department of Taxation held a conference to announce the foreign supplier's electronic portal http://etaxvn.gdt.gov.vn and deploy the Etax Mobile application that operates 24/7. Foreign tax payers can log in and declare taxes incurred, that are owed but not yet paid.
HCMC Tax Department suggests dialogues with Thu Thiem land auction winners
For the four auctioned land plots in Thu Thiem, besides two enterprises that canceled the purchase, the remaining two enterprises, including Dream Republic JSC - the winner of land lot No.3-5, and Sheen Mega JSC – the winner of land lot No.3-8, won the auction with a value of nearly VND8 trillion, but have not yet paid the land-use fees.
Thu Thiem land auction:2 winners cancel contract, 2 late in land use fee payment
Deputy Director of the Ho Chi Minh City Tax Department Thai Minh Giao informed yesterday that the deadline for the first round of Thu Thiem land use fee payment has expired, yet none of the four winners of the land auction on December 10, 2021 perform its duty.
Vietnam’s auto market to bounce back this year
The Vietnamese automotive market is expected to rebound this year, returning to its growth track after sluggish sales in 2021, according to industry insiders.
Government promulgates new decree on registration fees
The property registration fees is 0.5 percent while the fee on hunting guns and guns used for training and sports competition is 2 percent, for ships including barges, canoes, tugs, pushers, submarines, submersibles, boats, including yachts and aircraft, is 1 percent.
Exciting car market at year-end
On December 4, the car industry saw an even greater increase as some auto shops in Ho Chi Minh City were quite bustling, different from the previous quiet period because of the impact of the Covid-19 epidemic.
Surge in demand for cars following registration fee cut
The surge in demand for cars came as the government announced a decision to cut car registration fees by half for six months starting December 1.
Vietnam continues slashing registration fees for domestically manufactured cars
Vietnam continues slashing registration fees on domestically produced and assembled cars, towed vehicles, trailers, or semi-trailers by 50 percent according to Decree No. 103/2021 signed by Deputy Prime Minister Le Minh Khai on November 26.
Experimental tax program for apartment lessors proposed
The HCMC Tax Department has proposed to collect taxes from individuals and organizations that rent out apartments.