Hyundai Thanh Cong Auto JSC is saying the Ba Ria-Vung Tau customs has calculated tariffs for its new imported cars based on prices higher than their actual import prices. According to Sai Gon Tiep Thi Newspaper, Hyundai Thanh Cong, the official distributor of South Korea’s Hyundai Auto in Vietnam, said it had imported 240 new [...]
Vietnamese car trade companies are running a race to become the official Vietnamese distributors of some famous car brands which still do not have showrooms in Vietnam. The result of the race for the right to distribute Toyota’s Lexus brand cars proves to be the most awaiting now in Vietnam. Though the door is opened [...]
Research and Markets (http://www.researchandmarkets.com/research/ca344c/vietnams_automoti) has announced the addition of the “Vietnam’s Automotive Update” report to their offering. In Q1 2011, Vietnam experienced increasing imports of complete built units (CBUs) as well as care parts and components, an amount that largely differs from previous forecast. Accordingly, 14,800 CBUs worth US$262 million was imported, which meant an [...]
Used-car imports plummeted up to 70 per cent in August due to taxes being increased to US$3,000-US$17,000 per vehicle depending on the size, Vietnam News Agency reports. Only 199 secondhand cars were imported in the period, a fall of more than 70 per cent over the same month last year. The total figure included around [...]
Used-car imports plummeted up to 70 per cent in August due to taxes being increased to $3,000-$17,000 per vehicle, depending on the size. Only 199 secondhand cars were imported in the period, a fall of more than 70 per cent over the same month last year. Of the total figure, around 170 units were low-end [...]
In August, Vietnam’s import of CBU (completely built unit) cars reached 3,331 units, down 15.8% from July, of which, the import for less than 9-seat cars was 1,512 units, falling 37% month on month, the local newswire VnExpress quoted statistics from General Department of Vietnam Customs as saying on Saturday. Under which, the country’s import [...]
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