Saturday, September 6, 2025

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locally assembled

Updated news related to domestic assembly

Ưu đãi thuế công nghiệp hỗ trợ ô tô thực hiện đến 31/12/2027

Tax incentives for automobile supporting industry effective until December 31, 2027

The Government issued Decree No. 21/2025/ND-CP dated February 10, 2025 amending and supplementing Article 9 of Decree No. 26/2023/ND-CP on Export Tariff Schedule, Preferential Import Tariff Schedule, List of goods and absolute tax rates, mixed tax, and import tax outside tariff quotas.

Officially reduce 50% of registration fee for domestically produced and assembled cars

The General Department of Taxation issued Official Dispatch No. 06/CD-TCT dated August 30, 2024 requesting Tax Departments nationwide to apply the registration fee rate for automobiles, trailers or semi-trailers pulled by automobiles and vehicles similar to automobiles manufactured and assembled domestically according to the provisions of Decree No. 109/2024/ND-CP dated August 29, 2024 of the Government.
After the preferential registration fee ends, Vietnamese people reduce buying domestically assembled cars

Domestically assembled car sales fell by more than half in the first month of 2024 when the preferential policy of reducing 50% of registration fees under Decree 41/2023/ND-CP no longer took effect.

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