Tags Vietnam Association of Mechanical Industry Regulations on auto localisation ratio to be revoked Saturday, Aug 20, 2022 The regulations on the automobile localisation ratio will be abolished on October 10, 2022 after they have been in force for almost 20 years. Ministry mulls auto parts tax cut Friday, Apr 27, 2018 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.