Saturday, September 6, 2025
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excise tax price
Updated news related to special consumption tax calculation price
Proposal to reduce special consumption tax on domestic cars
The determination of new tax prices is said to encourage assembly production and increase the localization rate of domestic automobiles. However, this proposal has also received many opposing opinions.
Economy
'Made in Vietnam' cars are losing ground
The Ministry of Finance does not agree to provide additional incentives for domestically produced cars because it is concerned that it would violate international commitments. Meanwhile, the Ministry of Industry and Trade and domestic automobile manufacturers and assemblers warn that without these additional incentives, the Vietnamese automobile industry will have difficulty competing with imported cars.
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