20,000 Chinese cars imported in 8 months

20,000 Chinese cars imported in 8 months

VCN - 12,776 9-seater cars were imported in August, with total turnover of US$224, accounting for 84.8% of the imported cars of all kinds.
From case of illegally importing three cars in Hai Phong: What are conditions for doing business of car import?

From case of illegally importing three cars in Hai Phong: What are conditions for doing business of car import?

VCN - Article 14 of Decree 116 provides that only enterprise shall be considered for granting of Car Import Business license.
Hai Phong Customs detects 3 smuggled cars hidden inside empty container

Hai Phong Customs detects 3 smuggled cars hidden inside empty container

VCN - The Customs discovered three cars inside the container. Specifically, the Customs detected one unused tourist-style car, white color, brand Chery Tiggo 7 Pro, 5-seat model, left-hand drive, and made in China.
Proposal to reduce registration fees to restore growth of domestic automobile industry

Proposal to reduce registration fees to restore growth of domestic automobile industry

VCN - Facing the significant decline in auto market sales in the last months of 2023 and early 2024, the Ministry of Finance is asking for opinions from ministries, central agencies and relevant agencies on continuing to reduce registration fee to restore
Foreign passengers buy goods worth about VND120 billion per month when exiting the country

Foreign passengers buy goods worth about VND120 billion per month when exiting the country

VCN - In the first five months of the year, HCM City Customs Department has implemented tax refund for goods worth over VND 40 billion carried by more than 7,200 foreign passengers when exiting the country.
Vietnam automobile market and support solutions

Vietnam automobile market and support solutions

VCN - In 2024, the auto market still declienes despite businesses' discount and promotional programs to stimulate market demand.
Lang Son removes difficulties for auto importers

Lang Son removes difficulties for auto importers

VCN – Receiving reflection on difficulties in import procedures for new cars through Huu Nghi - Youyi Guan international border gate of Vietnamese enterprises, Lang Son Provincial People's Committee, the Management Board of Dong Dang - Lang Son border ga
Car imports drops near Lunar New Year

Car imports drops near Lunar New Year

VCN - In the first half of January, the country only imported 1,053 cars with the import turnover of US$ 39 million.
About 120,000 cars imported in 2023

About 120,000 cars imported in 2023

VCN - According to preliminary statistics from the GDVC, in December 2023, the whole country imported 7,650 CBU cars, with the import turnover of US$ 175.3 million, an increase of 1.9% in volume but a decrease of 9.1% in turnover compared to the previous
The output reduction of the Tax Incentive Program for automobile manufacturing and assembly has not been considered

The output reduction of the Tax Incentive Program for automobile manufacturing and assembly has not been considered

VCN - According to the Ministry of Finance, the proposal to continue reducing the output of the current Tax Incentive Program for automobile manufacturing and assembly is not appropriate.
Ho Chi Minh City: Many imported products tend to increase

Ho Chi Minh City: Many imported products tend to increase

VCN - Some imported products through Ho Chi Minh City port in October and early November 2023 increased compared to the previous month. It is expected that in the last months of the year, the volume of import and export goods will continue to grow.
Officially submit to the Government the Decree to reduce 50% of registration fees for domestically manufactured  and assembled cars

Officially submit to the Government the Decree to reduce 50% of registration fees for domestically manufactured and assembled cars

VCN - The Ministry of Finance has just submitted to the Government a project of a decree regulating the level of registration fee collection for domestically manufactured and assembled automobiles.
Ministry of Finance suggests not implement 50% reduction in car registration fee

Ministry of Finance suggests not implement 50% reduction in car registration fee

VCN - In Report No. 97/TTr-BTC dated May 31 to the Government Standing Committee on the proposal of registration fee collection for domestically manufactured and assembled automobiles, the Ministry of Finance continued to request that not implement a 50%
Two cars as means of administrative violations auctioned

Two cars as means of administrative violations auctioned

VCN - The management and use of the proceeds from the auction and payment of expenses related to the disposal of assets will comply with the provisions of Chapter 4 of Decree 29/2018/ND-CP and Article 13 of Circular 57/2018/TT-BTC.
The necessity of compulsory civil liability insurance for car and motorbike owners

The necessity of compulsory civil liability insurance for car and motorbike owners

Director of Insurance Supervisory Authority Ngo Viet Trung said that it was necessary to continue maintaining the regulations on compulsory civil liability insurance for car and motorbike owners.
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