diff --git a/ioctl/newcmd/hdwallet/hdwalletcreate.go b/ioctl/newcmd/hdwallet/hdwalletcreate.go
new file mode 100644
index 0000000000..3c700bd753
--- /dev/null
+++ b/ioctl/newcmd/hdwallet/hdwalletcreate.go
@@ -0,0 +1,77 @@
+// Copyright (c) 2022 IoTeX Foundation
+// This is an alpha (internal) release and is not suitable for production. This source code is provided 'as is' and no
+// warranties are given as to title or non-infringement, merchantability or fitness for purpose and, to the extent
+// permitted by law, all liability for your use of the code is disclaimed. This source code is governed by Apache
+// License 2.0 that can be found in the LICENSE file.
+
+package hdwallet
+
+import (
+	"github.com/pkg/errors"
+	"github.com/spf13/cobra"
+	"github.com/tyler-smith/go-bip39"
+
+	"github.com/iotexproject/iotex-core/ioctl"
+	"github.com/iotexproject/iotex-core/ioctl/config"
+)
+
+// Multi-language support
+var (
+	_createByMnemonicCmdShorts = map[config.Language]string{
+		config.English: "create hdwallet using mnemonic",
+		config.Chinese: "通过助记词创建新钱包",
+	}
+	_createByMnemonicCmdUses = map[config.Language]string{
+		config.English: "create",
+		config.Chinese: "create 创建",
+	}
+)
+
+// NewHdwalletCreateCmd represents the hdwallet create command
+func NewHdwalletCreateCmd(client ioctl.Client) *cobra.Command {
+	use, _ := client.SelectTranslation(_createByMnemonicCmdUses)
+	short, _ := client.SelectTranslation(_createByMnemonicCmdShorts)
+
+	return &cobra.Command{
+		Use:   use,
+		Short: short,
+		Args:  cobra.ExactArgs(0),
+		RunE: func(cmd *cobra.Command, args []string) error {
+			cmd.SilenceUsage = true
+			if client.IsHdWalletConfigFileExist() {
+				cmd.Println("Please run 'ioctl hdwallet delete' before import")
+				return nil
+			}
+			cmd.Println("Set password")
+			password, err := client.ReadSecret()
+			if err != nil {
+				return errors.Wrap(err, "failed to get password")
+			}
+			cmd.Println("Enter password again")
+			passwordAgain, err := client.ReadSecret()
+			if err != nil {
+				return errors.Wrap(err, "failed to get password")
+			}
+			if password != passwordAgain {
+				return ErrPasswdNotMatch
+			}
+
+			entropy, err := bip39.NewEntropy(128)
+			if err != nil {
+				return err
+			}
+			mnemonic, err := bip39.NewMnemonic(entropy)
+			if err != nil {
+				return err
+			}
+
+			if err = client.WriteHdWalletConfigFile(mnemonic, password); err != nil {
+				return err
+			}
+
+			cmd.Printf("Mnemonic phrase: %s\n"+
+				"It is used to recover your wallet in case you forgot the password. Write them down and store it in a safe place.\n", mnemonic)
+			return nil
+		},
+	}
+}
diff --git a/ioctl/newcmd/hdwallet/hdwalletcreate_test.go b/ioctl/newcmd/hdwallet/hdwalletcreate_test.go
new file mode 100644
index 0000000000..0647ed2719
--- /dev/null
+++ b/ioctl/newcmd/hdwallet/hdwalletcreate_test.go
@@ -0,0 +1,58 @@
+// Copyright (c) 2022 IoTeX Foundation
+// This is an alpha (internal) release and is not suitable for production. This source code is provided 'as is' and no
+// warranties are given as to title or non-infringement, merchantability or fitness for purpose and, to the extent
+// permitted by law, all liability for your use of the code is disclaimed. This source code is governed by Apache
+// License 2.0 that can be found in the LICENSE file.
+
+package hdwallet
+
+import (
+	"testing"
+
+	"github.com/golang/mock/gomock"
+	"github.com/pkg/errors"
+	"github.com/stretchr/testify/require"
+
+	"github.com/iotexproject/iotex-core/ioctl/config"
+	"github.com/iotexproject/iotex-core/ioctl/util"
+	"github.com/iotexproject/iotex-core/test/mock/mock_ioctlclient"
+)
+
+func TestNewHdwalletCreateCmd(t *testing.T) {
+	require := require.New(t)
+	ctrl := gomock.NewController(t)
+	client := mock_ioctlclient.NewMockClient(ctrl)
+	password := "123"
+
+	client.EXPECT().SelectTranslation(gomock.Any()).Return("mockTranslationString", config.English).Times(9)
+	client.EXPECT().IsHdWalletConfigFileExist().Return(false).Times(3)
+
+	t.Run("create hdwallet", func(t *testing.T) {
+		client.EXPECT().ReadSecret().Return(password, nil).Times(2)
+		client.EXPECT().WriteHdWalletConfigFile(gomock.Any(), gomock.Any()).Return(nil)
+
+		cmd := NewHdwalletCreateCmd(client)
+		result, err := util.ExecuteCmd(cmd)
+		require.NoError(err)
+		require.Contains(result, "It is used to recover your wallet in case you forgot the password. Write them down and store it in a safe place.")
+	})
+
+	t.Run("failed to get password", func(t *testing.T) {
+		expectedErr := errors.New("failed to get password")
+		client.EXPECT().ReadSecret().Return("", expectedErr)
+
+		cmd := NewHdwalletCreateCmd(client)
+		_, err := util.ExecuteCmd(cmd)
+		require.Contains(err.Error(), expectedErr.Error())
+	})
+
+	t.Run("password not match", func(t *testing.T) {
+		expectedErr := errors.New("password doesn't match")
+		client.EXPECT().ReadSecret().Return(password, nil)
+		client.EXPECT().ReadSecret().Return("test", nil)
+
+		cmd := NewHdwalletCreateCmd(client)
+		_, err := util.ExecuteCmd(cmd)
+		require.Equal(err.Error(), expectedErr.Error())
+	})
+}