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VAMI

Regulations on auto localisation ratio to be revoked

Regulations on auto localisation ratio to be revoked

The regulations on the automobile localisation ratio will be abolished on October 10, 2022 after they have been in force for almost 20 years.
Viet Nam must adjust mechanical engineering development strategy: firms

Viet Nam must adjust mechanical engineering development strategy: firms

Viet Nam needs to adjust its development strategy for the mechanical engineering industry to ensure it develops sustainably.
Sector needs more locally made machinery

Sector needs more locally made machinery

The People’s Committee of Can Tho City and the Viet Nam Association of Mechanical Industry (VAMI) met recently to address the urgent need to produce agricultural machinery.
Ministry mulls auto parts tax cut

Ministry mulls auto parts tax cut

The Ministry of Finance will study, consider and report to the Government about cutting special consumption and import taxes on materials for auto parts and components manufacturers in Viet Nam.
VN engineering growth stymied

VN engineering growth stymied

The Government needs to adopt comprehensive policies to develop the country''s mechanical engineering industry, an industry business group has said.
Imports of automobiles rise sharply year to date

Imports of automobiles rise sharply year to date

About 45,000 completely-built-up (CBU) automobiles, worth US$1.2 billion, were imported into Viet Nam in the first five months of the year, the industry and trade ministry said.
ACFTA hurting domestic automobile manufacturers

ACFTA hurting domestic automobile manufacturers

The Vietnam Association of Mechanical Industry (VAMI) has requested the Prime Minister and the Ministry of Finance to adjust the import tax imposed on complete built units (CBU) trucks.
Automobile firms co-operate to protect domestic market share

Automobile firms co-operate to protect domestic market share

Eight automobile and mechanical firms plan to set up a "automobile board" in order to protect domestic producers in anticipation of 2015 tax cuts on imported vehicles.