In the official dispatch to the Ministry of Finance on February 10, the Ministry of Industry and Trade said that the registration of registration fee exemption and reduction policy for motor vehicles using clean, green, environmentally friendly energy is necessary to reduce CO2 emissions and contribute. The part for Vietnam to reach Net Zero in 2050.
The Ministry of Industry and Trade proposed the Ministry of Finance to study and evaluate the effectiveness of the registration fee exemption policy with battery -powered electric cars (BEV) over the past time, thereby making appropriate policy recommendations in the coming time.
In addition to cars running batteries, the agency also asked the Ministry of Finance to study this fee exemption policy with other motor vehicles using clean, green and other environmentally friendly energy such as self -charging hybrid cars (HEV ), external charging hybrid cars and electric cars using pure fuel cells (FCEV) ... This agency suggests a reduction level based on CO2 emissions to encourage green traffic development.
The Ministry of Industry and Trade noted the preferential policies for battery -powered electric cars that can make foreign car companies take advantage of the opportunity to increase exports and penetrate the Vietnamese market.
Registration fee is one of the many owners' expenses to be completed to roll a model. Registration fee preferential is a way to stimulate people to prioritize using these cars.
Since 2022, electric cars have been offered to the registration fee within 5 years, including 100% exemption in the first 3 years and a 50% reduction for the next 2 years, according to Decree 10/2022. That is, until 28.2, electric car buyers will no longer be exempted, but must pay 50% of this fee.
Recently, the Ministry of Finance said that Decree 22 stipulates that this agency summarizes and evaluates the results of the exemption and reduction of the registration fee before 6 months to the end of the policy (February 28, 2027). Therefore, they are inclined to the plan not to extend the time exempted 100% of this fee.
