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import of cars

New regulations on importing cars and motorcycles for non-commercial purposes

New regulations on importing cars and motorcycles for non-commercial purposes

The General Department of Taxation (GDT) recently requested tax departments in centrally-run cities and provinces to enhance tax administration for cars and motorcycles permitted to import or temporarily imported for non-commercial purposes.
February car imports surge

February car imports surge

Viet Nam’s import of cars reached 14,134 units in February, worth over US$300 million, according to report from the General Department of Customs.
Companies ‘strategic share sales raise eyebrows

Companies ‘strategic’ share sales raise eyebrows

Many other companies too have opted to go down the equity path to raise funds rather than borrow from banks. Intriguingly, many of them have sold their stakes to strategic partners at several times higher than the market price.
Govt tightens diplomatic car imports

Gov’t tightens diplomatic car imports

Deputy Prime Minister Vuong Dinh Hue has asked ministries to strengthen the management of temporary import of cars of individuals who enjoy privileges and tax exemptions in Viet Nam.
New ban on import of used vehicles

New ban on import of used vehicles

Domestic automobile businesses will not be allowed to import used cars, carriers and special purpose vehicles that have been in use for five years or more as of January 20.