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

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

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

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.
Automobile market in May –Inching up slowly, still in inventory

Automobile market in May –Inching up slowly, still in inventory

VCN- In particular, the number of domestically manufactured and assembled vehicles in the first five months of 2020 reached 49,949 units, down over 30% over the same period last year (reaching 75,569 vehicles).
Developing the automotive industry: Continuously "perfect and support" tax and financial policies

Developing the automotive industry: Continuously "perfect and support" tax and financial policies

VCN - The tax policy, especially the tax policy for components, changes quickly, which poses problems.
Vietnamese automotive market: Exciting from the first month

Vietnamese automotive market: Exciting from the first month

VCN - Contrary to the first month in previous years, in January 2019, the Vietnamese automotive market has been exciting with 27,400 car sales, up 14% over the previous month, more than 47% compared to the same period in 2018.
Automobile market: Positive but not "smooth"

Automobile market: Positive but not "smooth"

VCN- After months of dismal sales, the total car sales in the market in March 2018 increased by 70% over the previous month, reaching 21,127 units.
Taxes of automotive components are expected to reduce, VCCI agrees but VAMA worries

Taxes of automotive components are expected to reduce, VCCI agrees but VAMA worries

VCN- The Vietnam Automobile Manufacturers Association (VAMA) and the Vietnam Chamber of Commerce and Industry (VCCI) had the first responses.
September: Vietnam

September: Vietnam's automobile market achieved growth of 24%

VCN- The latest updated figures of the Vietnam Automobile Manufacturers Association (VAMA) showed that Vietnam’s automobile market sold more than 26,000 vehicles, up 24% over the same period last year, therein, passenger cars reached 16,327 vehicles, comm
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