Embracing green exports: a pathway to enter global supply chains New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises Personal income tax proposed for interest on some bank savings accounts
Spending over US$2 billion to import nearly 100,000 cars

Spending over US$2 billion to import nearly 100,000 cars

14:58 | 28/08/2024 Import-Export

VCN - The number of imported CBU cars in the first half of August remained high, according to the latest preliminary statistics from the General Department of Customs.
Consignee not related to Rolls Royce Cullinan car shipped to Hai Phong Port

Consignee not related to Rolls Royce Cullinan car shipped to Hai Phong Port

09:52 | 13/05/2023 Customs

VCN - Regarding the Rolls Royce Cullinancar backlogged at Hai Phong port on May 8, Customs News visited the company's addressas the consignee declared on the Bill of Lading in Trung Van in Nam Tu Liem district, Hanoi City.
There has been no loss of tax revenue from donated and gifted cars

There has been no loss of tax revenue from donated and gifted cars

14:55 | 10/06/2022 Finance

VCN - Minister of Finance Ho Duc Phoc affirmed that, after a review process and according to the report of the General Department of Customs, there has been not a loss of tax revenue from donated and gifted cars, since the taxes have been paid in full.
Tax payable increases by more than VND1,400 billion after re-valuation of cars as gifts

Tax payable increases by more than VND1,400 billion after re-valuation of cars as gifts

09:28 | 01/06/2022 Customs

VCN – The customs agency has carried out all procedures to collect all taxes on imported cars as gifts.
Payment deadline of exercise tax on domestically manufactured and assembled cars extended

Payment deadline of exercise tax on domestically manufactured and assembled cars extended

14:17 | 30/05/2022 Finance

VCN - The deadline for submitting the application for extension is not later than November 20, 2022.
Handling imported cars of entities eligible for immunities and privileges which have not been transferred

Handling imported cars of entities eligible for immunities and privileges which have not been transferred

10:06 | 20/10/2021 Regulations

VCN – The General Department has issued a document to guide local customs departments on handling cars in warehouses under Decision 14/2021/QD-TTg of the Prime Minister on temporary import, re-export, destruction and transfer of cars and motorbikes of ent
More than 110,000 CBU cars imported in nine months

More than 110,000 CBU cars imported in nine months

19:47 | 18/10/2021 Import-Export

VCN - In September, the number of imported CBU cars decreased, but in general, the figure for the first nine months was still high compared to the same period in 2020.
Incentives for development of auto industry

Incentives for development of auto industry

15:48 | 09/08/2021 Import-Export

VCN - To encourage domestic car production, the State has offered many preferential policies, notably policies on tax and registration fee reductions.
MoF rejects VAMA’s proposal to reduce auto registration fee by 50%

MoF rejects VAMA’s proposal to reduce auto registration fee by 50%

19:55 | 14/05/2021 Finance

VCN- The MoF has responded to the VAMA’s proposal on additional support policies for businesses affected by the Covid-19 pandemic.
VAMA’s proposal of reducing registration fee for domestically-produced cars rejected

VAMA’s proposal of reducing registration fee for domestically-produced cars rejected

20:16 | 13/05/2021 Import-Export

The Ministry of Finance has rejected the Việt Nam Automobile Manufacturers’ Association (VAMA)nbsp;proposal to continue reducing the registration fees for new domestically-produced cars by 50 per cent.
Preferential tax policies issued for development of small cars

Preferential tax policies issued for development of small cars

15:42 | 06/05/2021 Finance

VCN- The Ministry of Finance affirmed that the SCT rate has been amended and supplemented to give an advantage for the development of fuel-efficient, eco-friendly and small cars.
Thailand, Indonesia and China make up 92% of car imports in October

Thailand, Indonesia and China make up 92% of car imports in October

12:07 | 25/11/2020 Import-Export

VCN - Thailand, Indonesia and China dominated Vietnam’s car imports in October at a rate of 92% of the country’s car imports.
Court rejects petition against decision of tax arrears of VND 25 billion on cars by HCM City Customs

Court rejects petition against decision of tax arrears of VND 25 billion on cars by HCM City Customs

19:43 | 19/11/2020 Customs

VCN - The first-instance trial panel of the HCM City People's Court rejected the petition of the enterprise and retained the content of 20 decisions on tax arrears of VND 25 billion of the HCM City Customs Department.
Vietnam imports large quantities of cars from Thailand

Vietnam imports large quantities of cars from Thailand

19:41 | 10/08/2020 Import-Export

The nation imported a total of 4,000 completely built unit (CBU) automobiles with a value of US$104 million during July, with the majority coming from Thailand, representing an increase of 6.3% from June, according to statistics compiled by the General De
Reduce 50% of registration fees – a stimulus for domestic cars till the end of 2020

Reduce 50% of registration fees – a stimulus for domestic cars till the end of 2020

20:41 | 29/06/2020 Finance

VCN – On the morning of June 28, the Prime Minister officially issued Decree No. 70/2020/ND-CP stipulating registration fees for domestically manufactured and assembled cars till the end of December 31, 2020
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