Automakers urge solutions for looming tariff drop
16:47 | 27/03/2017 Car & Motor
(VEN) - Domestic automobile manufacturers and assemblers have urged the government to take steps to ensure their survival once the zero tariff on imported cars goes into effect next year. They warned that unless solutions are found, they would seriously reduce their domestic production and assembly.
Government mulls safeguards to protect domestic carmakers
09:58 | 23/03/2017 Car & Motor
Deputy Prime Minister Trinh Dinh Dung has asked the Ministry of Industry and Trade (MoIT) and relevant agencies to study the possibility of applying safeguards to protect the domestic automobile manufacturing industry from looming zero-tariff car imports.
Bumpy ride ahead for local automakers
11:22 | 15/03/2017 Car & Motor
(VEN) - Import tax on the auto segment of nine seats and less for ASEAN members was reduced from 40 to 30 percent starting January 1, 2017, heralding a significant increase in the volume of imported cars in the Vietnamese market.