The first batch of 131 Audi cars will reach the Vietnamese port this month to serve the Asia-Pacific Economic Co-operation (APEC) 2017, which takes place in Viet Nam in November.

The batch is part a contract signed between Auto Asia Company Ltd, an official supplier of Audi in Viet Nam, which is the auto sponsor for the event, and APEC 2017 Materials and Logistics Sub-committee.

Under the contract, the Auto Asia Company will sponsor 317 black Audi units, including Audi A4, Audi A5, Audi A6, Audi Q5 and Audi Q7.

According to the company’s proposals, the company will not have to pay various taxes, including import, special consumption and value added taxes, for the imported vehicles serving the event until it ends.

After APEC 2017, the used vehicles will be devalued in comparison with new cars, so that the company proposed to cut 15 per cent of costs, insurance and freight (CIF), which is a base to levy import, special consumption and value added taxes.

In December 2016, Mercedes-Benz Viet Nam reached an agreement to supply 25 Mercedes S 400 L units to the Ministry of Foreign Affairs, as part of an overhaul of the cars of the Directorate of State Protocol. The handover will be completed in August and the vehicles will also be used to serve APEC 2017.

APEC 2017 is expected to receive State leaders of 21 member economies from the Asia-Pacific region, 2,000 ministers and high-ranking officials, 3,000 journalists and reporters and 5,000 businesses. — VNS