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Auto industry’s overwhelming reliance on imports continues

Auto industry’s overwhelming reliance on imports continues

The need to import most parts makes auto prices in Vietnam higher than in neighboring countries, insiders say.
Car imports from China crash

Car imports from China crash

Automobile imports from China have plummeted since the beginning of last year after tariffs on imports from ASEAN member countries were scrapped.
September 15, 2019 | 02:14 pm GMT+7
Vietnam mulls tax incentives for locally-made auto parts

Vietnam mulls tax incentives for locally-made auto parts

Vietnam is considering removing the special consumption tax on car parts produced in the country to boost local manufacturing.
August 07, 2019 | 04:59 pm GMT+7
Vietnam car imports triple in first seven months

Vietnam car imports triple in first seven months

January-July car imports increased 366 percent to 88,000 units, recovering from last year’s plunge caused by a tightening policy.
August 04, 2019 | 06:21 pm GMT+7
Car import tariffs from Japan to Vietnam to be eliminated from 2029

Car import tariffs from Japan to Vietnam to be eliminated from 2029

But Vietnam has been known to raise other trade barriers to counter the loss it incurs from the elimination of import taxes.
March 16, 2018 | 03:19 pm GMT+7
Indonesia tries to jump-start car exports to Vietnam

Indonesia tries to jump-start car exports to Vietnam

A new regulation issued by Vietnam has forced Indonesia to halt car exports to the country, which could cost it $85 million in Dec - Mar period.
March 02, 2018 | 01:50 pm GMT+7
Imported cars will undercut Vietnam products after tariff removal: industry

Imported cars will undercut Vietnam products after tariff removal: industry

The country's lack of auto parts suppliers means many components have to be imported and the added costs are passed on to consumers.
December 06, 2016 | 04:01 pm GMT+7
Car imports still face red light after Vietnam refuses to budge on legislation

Car imports still face red light after Vietnam refuses to budge on legislation

A five-year-old law has marginalized the majority of local car importers.
July 05, 2016 | 02:37 pm GMT+7
Thailand overtakes China to become Vietnam’s top car supplier

Thailand overtakes China to become Vietnam’s top car supplier

Over the first four months of this year, three out of ten cars imported into Vietnam were made in Thailand.
May 30, 2016 | 06:23 pm GMT+7
 
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