FM proposes higher import tax for used tractor-trucks
(May 25, 2016)
The Ministry of Finance plans to raise the import tax on second-hand
tractor-trucks, according to a document dispatched to the relevant
ministries and sectors to gather their feedback.
Viet Nam imported about 12,000 complete built-up units (CBU) cars with
total value of US$195 million in May, increasing by 3,000 units, or 33
per cent, compared with last month.
The Sembcorp Development Company from Singapore has expressed its
intention to invest in a Vietnam-Singapore Innovative Park in HCM City.
Local car-maker Truong Hai Automobile JSC (Thaco) was awarded the Best
Global Partner title by Kia Motors at a ceremony in Hawaii in the United
States last week.
Toyota Motor Viet Nam (TMV) has announced the start of its recall
campaign for the engine control module for exhaust gas recirculation
(EGR) valve operation on 2,410 Camry 2.0E units.
Toyota Motor Vietnam (TMV) is recalling 133 Lexus ES 250 and ES 350 cars
to fix a brake problem, as part of a larger global recall of a number
of Toyota models.
Nearly 130 vehicles were ordered over the four-day BMW World Viet Nam
2016 expo, which ended in Ha Noi on May 10, according to Euro Auto, the
sole importer of BMWs in Viet Nam.
Some 8,000 complete built up units worth US$182 million were imported to
Viet Nam in April, declining 20 per cent compared with the same period
The second BMW World Expo opened in the capital city on May 6, at the National Convention Centre.
Kia Motors and Truong Hai Automobile JSC (Thaco) launched a new model –
Kia Cerato – for the Vietnamese market, the deputy general director of
Thaco, Bui Kim Kha, told Bizhub.
The second BMW World Expo will take place at Hanoi's National Convention Centre from May 6 to 9.