This is the fourth extension of special consumption tax payment deadline since 2021 with an aim to support domestic manufacturers in the context of ping purchasing power after the COVID-19 pandemic.
Developing support industries for automobiles remained a key priority to improve efficiency and cut down costs, said industry leaders and policymakers in an automobile conference held in Ha Noi recently.
Viet Nam posted an all-time high import of automobiles with 173,467 units valued at US$3.84 billion last year, surpassing the previous record of about 160,000 units in 2021
The electric-car race is only just beginning in Viet Nam and VinFast have taken an early lead. Late last week they officially handed over the first batch of VFe34 electric automobiles to clients, the first electric cars to hit the...
Sales of automobiles plunged 28 per cent year-on-year to 131,248 units in the first seven months of this year, according to the Vietnam Automobile Manufacturers’ Association (VAMA).
The Ministry of Finance has officially asked the Government to cut 50 per cent of the registration fee for customers who buy locally-produced and assembled automobiles.
Honda Vietnam announced late on Wednesday that it will resume the production of automobiles and motorbikes from today after 22 days of suspension to prevent the COVID-19 pandemic.
The Ministry of Industry and Trade on Monday issued regulations and an invitation to carry out an auction of import tariff quotas on used automobiles for this year.
Sales of automobiles saw a month-on-month decline of 19 per cent to about 21,480 vehicles in August, according to the Vietnam Automobile Manufacturer Association (VAMA).
The prices of imported automobiles in the Vietnamese market may not reduce as much as expected after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) came into effect on Monday.
A total of 23,065 automobiles were sold in the domestic market in May, up 9 per cent against the previous month, the Vietnam Automobile Manufacturers’ Association (VAMA) said.