Ford Motor Company''s Australian subsidiary has announced it is shutting
down all manufacturing operations by 2016. What will Viet Nam learn from
the lesson?
The cost of completely-built-units (CBU) cars made in other Southeast
Asian countries and exported to Viet Nam is expected to fall
significantly as the present level of import tax is planned to be cut to
50 per cent from 2014.
Car manufacturers in Viet Nam are rolling out small cars at reasonable prices in an effort to speed up the market. The trend follows a draft plan to develop the Viet Nam
automobile industry by 2020 with a vision to 2030.
