Decree stipulates examination, certification of imported cars’ technical safety

Decree stipulates examination, certification of imported cars’ technical safety

The Government has issued a decree regulating the examination and certification of technical safety and environmental protection for automobiles and parts imported under some international agreements to which Vietnam is a party.
Fairness cited for fee adjustment proposal

Fairness cited for fee adjustment proposal

A key vehicle association has called for registration fee incentives for both domestically assembled and imported cars to ensure fairness.
Imported cars should be included in registration fee reduction scheme

Imported cars should be included in registration fee reduction scheme

The 50 per cent registration fee reduction scheme, previously proposed by the Government for cars made and assembled in Vietnam, should apply to imported vehicles as well, according to the Vehicles Importers Vietnam Association (VIVA).
Regulations on auto localisation ratio to be revoked

Regulations on auto localisation ratio to be revoked

Regulations on the automobile localisation ratio will be abolished on October 10, 2022 after having been in force for almost 20 years.
Navigating tariff roadmaps for automobile imports

Navigating tariff roadmaps for automobile imports

The average tariff on imported cars in Vietnam has decreased from 49 per cent in 2015 to 12 per cent in 2020. As a result of changing car import tariffs over the past 5-10 years, Vietnam’s car imports shifted from high-tariff countries like India and China towards low-tariff ASEAN countries like Thailand (see graph). Several socioeconomic developments have triggered these changes.
Vehicle sales in Vietnam July 2020 (Infographics)

Vehicle sales in Vietnam July 2020 (Infographics)

Auto sales stagnated in July following a surge in the sale of both locally-assembled and imported cars in June.
Car sales rocket after registration fee cut

Car sales rocket after registration fee cut

After the Government’s move to lower car registration fees by half took effect more than a week ago, the domestic car market has picked up.
Auto prices fall due to low demand

Auto prices fall due to low demand

Vietnamese auto firms have launched promotions to spur demand after sales dropped following the Tet (Lunar New Year) holiday and as the number of imported cars has increased strongly.
Developing domestic automobile industry to counter imports

Developing domestic automobile industry to counter imports

Increasing the value of domestic production and promoting the automobile support industry must not depend on foreign direct investment (FDI) firms.
Rising arguments related to the implementation of Decree 116

Rising arguments related to the implementation of Decree 116

Decree No.116/2017/ND-CP is meant to facilitate the development of the Vietnamese automobile industry. However, importers have a lot to say about implementation.