03:43 | 10/08/2021
The Ministry of Finance has recommended that registration fees for electric cars must be half that of gasoline vehicles to encourage usage.
03:43 | 10/08/2021
Car manufacturers are planning to shift production chains elsewhere to Vietnam in case such tax incentives are extended.
03:43 | 10/08/2021
Two ministries have voiced support for tax incentives for electric vehicles that dovetails with the government’s goal of reducing emissions.
03:43 | 10/08/2021
The Government’s decision to offer a zero-import tax rate on automobile components opens significant opportunities for the local industry to lower prices, enhance competitiveness and promote consumption.
03:43 | 10/08/2021
Dwindling sales of locally assembled cars and rising sales of imports are causing local manufacturers to demand more tax incentives to compete.
03:43 | 10/08/2021
The majority of imported cars in Vietnam in November came from Thailand and Indonesia.
03:43 | 10/08/2021
Car imports would continue to increase due to stronger demand from the domestic market, causing negative impacts on local car production and the country’s trade balance, said the Ministry of Industry and Trade.
03:43 | 10/08/2021
Vietnam maintained its position as the world’s 4th largest motorcycle market despite a double-digit drop in June sale, according to motorcyclesdata.com which tracks motorcycle sales all around the world.
03:43 | 10/08/2021
The Hanoitimes - In June alone, a total of 10,540 cars were imported to Vietnam with value of US$254 million, up 26.5% month-on-month.
03:43 | 10/08/2021
The Hanoitimes - Under-nine-seat cars made up the largest proportion of imported cars to Vietnam in April, accounting for 81% of total imported with 8,839 units.
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