Việt Nam, as an open economy with multiple Free Trade Agreements (FTAs) in place, is committed to fulfilling its obligations in the automobile import sector.
The import of made-in-China automobiles to the Vietnamese market were successful in 2015 as their prices were much lower than others in the same segment.
Vehicles shipped to Viet Nam''s ports that are not eligible for import
under the mode of movable assets of repatriating Vietnamese citizens (Viet kieu) will be fined and then confiscated if they are not re-exported.
