Based on the decree, the Ministry of Finance issued a circular to stipulate two fee ranges, including VND50,000-100,000 ($2.2-4.4) per year for electric bicycles and motorbikes with an engine capacity of 50 - 100 cubic centimeters (cc), and VND100,000-150,000 ($4.4-6.7) per year for those with engine sizes of over 100 cc.
Based on these ranges, people’s councils in provinces and cities will determine their own rates that fit their social and economic conditions.