Sign up | Log in



Home  >>  Daily News  >>  Vietnam News  >>   Automotive  >>  Vietnam slashes tariffs on car imports
NEWS UPDATES 12 March 2010

Vietnam slashes tariffs on car imports

Related Stories

March 10, 2010
Car sales in Vietnam declined 25% in February

November 1, 2009
German brands to test Vietnam’s automotive market

Vietnam plans to reduce import tariffs on some types of cars from 83 percent to 80 percent and 77 percent from April 23rd, 2010, reported

This is part of circular No 31/2010/TT-BTC released by the Ministry of Finance about modifying preferential import tariffs on some commodities, including cars.

In particular, import tariffs on under 9-seat car with cylinder capacity of above 2.5 litres will be reduced by 3 percent to 80 percent and those on four-wheel drive (4WD) will be decreased by 6 percent to 77 percent.

Also under the circular, the Ministry of Finance also introduced an import tariff of 0 percent on iron and steel and 15 percent on some others. The remaining commodities will have import tariffs around 5-10 percent.

The released import tariffs aims to meet Vietnam’s WTO (World Trade Organization) commitment route.


Comment on this Article. Send them to
Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below 





1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand