Viet Nam has completed negotiations on bilateral agreements on
automobile manufacturing and assembling with Russia and Belarus,
according to the Ministry of Industry and Trade.
Ha Noi Stock Exchange has announced it will host the auction of
State-owned shares in a lot for Vietnam Motors Industry Corporation
(Vinamotor) on January 11, 2016.
The government will levy a special consumption tax on cars with 24 seats
and below from January 1, 2016, according to the prime minister''s new
decree.
The Government wants to raise the special consumption tax on vehicles
with high engine displacement, according to a statement it delivered to
the National Assembly recently.
April was a positive month for Vietnamese auto sales, though carmakers
have claimed difficulties conducting business in the country''s unstable
and undeveloped automobile industry.
The Government has agreed to grant a request by the Truong Hai
Automobile company (Thaco) to extend their deadline for paying import
tax of more than VND1.2 trillion (US$75 million) from July 1, 2013 to
June 30, 2014.