Gov’t to loosen conditions for auto imports Business

Gov’t to loosen conditions for auto imports

The Government will soon issue a revision to Decree 116/2017 on the conditions for production, assembly, import and business of automobile warranty and maintenance services, removing a number of regulations relevant to auto imports.
Gov’t to smooth way for auto firms Business

Gov’t to smooth way for auto firms

Deputy Prime Minister Trinh Dinh Dung has urged the Ministry of Transport and the Ministry of Industry and Trade to implement current policies and assist the removal of obstacles for auto businesses.
Gov’t tightens diplomatic car imports Business

Gov’t tightens diplomatic car imports

Deputy Prime Minister VuongDinh Hue has asked ministries to strengthen the management of temporary import of cars of individuals who enjoy privileges and tax exemptions in Vietnam.
Ministry clarifies decree on imported autos Business

Ministry clarifies decree on imported autos

The Ministry of Transport issued a circular to guide the implementation of Decree 116 that tightens control over quality, technical safety and environment protection of imported autos.
Toyota wants licence to import cars Business

Toyota wants licence to import cars

Toyota Vietnam is one of the first firms to ask the Ministry of Industry and Trade to issue business certificates in accordance with new government Decree No 116/2017/ND-CP.
Government mulls safeguards to protect domestic carmakers Business

Government mulls safeguards to protect domestic carmakers

Deputy Prime Minister Trinh Dinh Dung has asked the Ministry of Industry and Trade (MoIT) and relevant agencies to study the possibility of applying safeguards to protect the domestic automobile manufacturing industry from looming zero-tariff car imports.
2016 car import turnover hits 2.3 billion USD Business

2016 car import turnover hits 2.3 billion USD

Vietnam’s car import turnover in December 2016 increased in both quantity and value, making the year’s total annual car imports finish at 2.3 billion USD, according to the General Statistics Office.
HCM City exhibits model locomotive Society

HCM City exhibits model locomotive

The HCM City Management Authority for Urban Railways (HCM City-MAUR) is showcasing a model locomotive for the nation and city's first-ever underground line, Metro, soliciting comments from citizens and city leaders.
Business

Taxes dampen used car imports in Vietnam

Used-car imports plummeted up to 70 percent in August due to taxes being increased to 3,000 USD-17,000 USD per vehicle, depending on the size.

Only 199 secondhand cars were imported in the period, a fall of more than 70 percent over the same month last year.