The import tax on used cars of nine seats or more will increase on June 20, according to decision recently issued by the Prime Minister.

Accordingly, for cars under 1,000cc, the tax rate will be 5,000 USD while cars from 1,000 to 1,500cc will be subjected to a rate of 10,000 USD.

The current tax rates are 4,200 USD and 9,600 USD respectively, according to Ministry of Finance Circular 28/2013/TT-BTC, which took effect on April 29.-VNA