Tag special consumption tax
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Higher tax slams the brakes on Vietnam's car imports

Duties of up to 150 percent are making people think twice about life in the fast lane.

Tax hike drives Vietnamese consumers away from luxury cars

New special consumption tax rates came into effect from July 1.

Luxury cars "sold out" in Vietnam ahead of 90 percent tax hike

Vietnam’s car market has seen growth in imported car sales contrary to a fall in the number of locally built-up products with changes to a special consumption tax about to kick in.
June 16, 2016 | 04:08 pm GMT+7

Special consumption tax on luxury cars to rise sharply this July

National Assembly approved changes in Law on Special Consumption Tax. The new tax rates are coming into effect on July 1.
April 14, 2016 | 06:23 pm GMT+7