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auto parts
News updates related to auto parts
Nghe An organizes 'Job Fair Phase 2, 2025' in April
The “Job Fair 2025” in Nghe An province will be held on Sunday, April 27, 2025 in the WHA Nghe An Industrial Park in Nghi Hung commune (Nghi Loc district). This is one of the activities for businesses investing in Nghe An to seek quality labor resources to serve the development process.
Current events
Nghe An attracts 115 million USD FDI project to produce smart auto components
(Baonghean.vn) - The investment policy for the Everwin Precision Technology Factory project (Nghe An) has just been approved by the Standing Committee of Nghe An Provincial Party Committee at its regular meeting on the morning of November 30.
Nghe An: Highlights on December 30
(Baonghean.vn) - The Prime Minister approved the investment policy for a project worth over VND4,500 billion in Nghe An; granted the Investment Registration Certificate for a project with a total investment of USD200 million; fishermen had a bumper catch of needlefish on the last fishing trip of the year; requested strict handling of groups and individuals who made mistakes in preventing and fighting the Covid-19 epidemic... are the highlights of December 30.
Vietnam spends more than 1.65 billion USD importing components for car assembly
Auto parts and components of all kinds imported to Vietnam in May increased by more than 12% compared to April.
Exemption of 2 car taxes: Who benefits?
Cars manufactured and assembled in Vietnam have the opportunity to reduce prices thanks to tax exemptions and reductions.
Cars made in Vietnam may be considered for tax incentives
The Ministry of Finance has responded in writing to the proposal of Thanh Cong Group Corporation, expressing its consideration of abolishing Special Consumption Tax (SCT) on the domestic production value of automobiles and reducing import tax on raw materials for domestic automobile component production.
8 new regulations and policies on automobiles take effect from January 1, 2018
(Baonghean.vn) - 2018 is predicted to be a year of fluctuations in the Vietnamese automobile market due to the application of many new policies. These regulations will contribute to affecting the selling price as well as the registration and use of automobiles.
2018: Many items are surprisingly cheap when tax is 0%
January 1, 2018 15:20
According to the integration commitment between countries
Import tax on auto parts to 0%: Will domestic car prices drop sharply?
November 29, 2017 09:23
Reducing import tax on many types of auto parts to 0% will help domestically assembled cars have the opportunity to reduce costs and increase competitiveness with imported cars.
'Domestic' cars continue to drop in price sharply when new regulations are applied
November 28, 2017 09:51
With this regulation, domestically assembled cars have the opportunity to reduce costs and compete with imported cars when from 2018, import tax on cars in ASEAN will be 0%.
Sharp increase in import tax, used cars will increase in price by hundreds of millions of dong
September 2, 2017 15:33
Used cars will no longer be able to enter Vietnam if the new tax rate is applied in practice.
Will reducing import tax on auto parts reduce car prices in Vietnam?
September 1, 2017 21:27
The Ministry of Finance hopes that adjusting import taxes on auto parts will encourage auto manufacturing and assembly enterprises in Vietnam to reduce vehicle prices.
Used cars imported to Vietnam are expected to be taxed 150-200% plus tens of thousands of USD.
August 26, 2017 09:52
The Ministry of Finance has drafted an import tax policy for auto parts for the 2018-2020 period, including a proposal to amend the tax rate for imported used cars. With this tax rate, many used cars imported to Vietnam will have higher prices than new cars.
Tax reduction, domestic cars have strong price reduction
August 14, 2017 15:50
It is likely that many imported auto parts will enjoy import tax incentives for a period of 5 years (from 2018 to the end of 2022). If special consumption tax and corporate income tax are further reduced, the prospect of domestic cars being cheaper than imported cars may become a reality.
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