Import tax on cars from EU decreases: Will car prices fall?
13:44 | 22/06/2020
VCN -On June 8, 2020, the Free Trade Agreement between the EU and Vietnam (EVFTA) was adopted by the Government. Under the agreement, taxes on many export items will reduce immediately or reduce under the roadmap (expected from August 1, 2020). For cars, Vietnam will begin the import tax cut-roadmap from 70% to 0% within nine or ten years.
Automobile market: How much will the price decrease to boost sales?
08:06 | 10/05/2020
VCN - That is the current question posed by automobile manufacturers in the context of a serious drop in sales – the lowest in the last five years. The psychology of limiting spending and waiting for deep discounts of customers has caused the automobile market to gradually freeze. And in the price reduction game, there are big players doing everything in their power.