The lanky fast bowler, who made a comeback to the team this year with some impressive performance under his belt, struck another blow, removing Brendon McCullum.
R.P. Singh had Ross Taylor caught behind and New Zealand were soon three wickets down with only 19 runs on the board.
Martin Guptill (22) and Grant Elliott (22) tried to stem the rot adding 22 runs, before Yuvraj claimed Guptill with Dravid taking a low catch.
Vettori (25), Jacob Oram and Neil Broom (24) showed some resistance, but could not forge a big partnership.