Car registration fee cut by half again

A VinFast car is seen at the company's factory in Hai Phong. Photo by VnExpress/Cao Tuan

A government decree has cut registration fees for locally made cars by 50 percent for six months starting December 1.

This is the second time in the last two years such a cut is being made to mitigate the difficulties faced by the auto industry due to the Covid-19 pandemic.

In the first six months of last year, 17,600 cars were bought on average each month. In the second half, when the 50 percent cut took effect, sales doubled.

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