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imported
Updated news related to complete import
Car prices are inflated, traders make a profit of 500 million/car
Contrary to many people’s expectations, the number of imported cars to Vietnam in the first 6 months of 2018 was quite small due to strict control. Therefore, the shortage of popular car models is an opportunity for businesses and dealers to raise prices. On the contrary, with the advantage, domestically assembled cars increased production and prices decreased.
Economy
Top 10 best-selling cars in Vietnam in March 2018
Toyota Vios continues to lead, Honda City flourishes with sales of nearly 850 cars, while only one imported car model makes it into the list of 10 best-selling cars in Vietnam in March 2018.
Imported cars are not yet happy but already worried
A new fence is likely to be erected soon to limit the influx of imported cars...
Japanese cars imported to Vietnam will soon be exempted from import tax
With the recently signed CPTPP Agreement, it is likely that in 2019, completely built-up cars imported from Japan to Vietnam will be exempted from import tax, opening up opportunities for Vietnamese people to buy cheaper cars.
Hyundai cars reduced by more than 200 million: The price-cutting race begins
Under pressure from huge price cuts from Japanese and American car manufacturers, Korean car manufacturer Hyundai has also implemented a strong price cut for many car models. In particular, Hyundai's hot car model, Santa Fe, has a reduction of 212 million VND, falling to 898 million VND.
Paradox: Import tax reduced, car prices increased dramatically
Many customers expect car prices in 2018 to decrease significantly due to the impact of import tax on cars from ASEAN to Vietnam down to 0% from January 1, 2018. However, after Lunar New Year, many car models increased in price.
Mitsubishi cars unexpectedly reduced by nearly 200 million right before Tet
Before the Lunar New Year 2018, the SUV model imported from the Japanese market Mitsubishi Pajero has been discounted by 164 million VND. Previously, many Mitsubishi models also had "huge" discounts.
Honda Vietnam officially recalls Accord and Odyssey cars
DNUM_BGZBCZCABH 20:45
From December 25, 2017 to December 24, 2018, Honda Vietnam Company officially recalled 652 Accord and Odyssey cars to inspect and replace the door mirror control switch error.
Car sales rebound in May thanks to lower car prices
DNUM_AIZAGZCABH 17:58
Many car models have been heavily discounted, helping sales of manufacturers as well as the entire market grow again after a gloomy April.
Imported car prices drop by 80 million VND per unit in May
DNUM_AHZAGZCABH 16:55
Compared to the import price of 550 million VND/car in April, the price of imported cars in May has decreased by more than 80 million VND, down to only 470 million VND/car.
Cars imported from India for 84 million VND suddenly increased to 285 million VND/car
DNUM_BBZAFZCABH 12:18
After nearly a year of stirring up the imported car market in both quantity and price, last April, the number of completely built-up cars imported from India to Vietnam decreased by nearly 3,000 units compared to the previous month.
With many new regulations, the auto market is about to fluctuate strongly.
DNUM_BBZAFZCABH 10:30
The draft Decree regulating business conditions for automobile manufacturing, assembly, import, warranty and maintenance, drafted by the Ministry of Industry and Trade, has introduced many new business conditions that automobile businesses will have to comply with.
Imported cars increase dramatically, Customs requires 'tracing' origin
DNUM_BDZAEZCABH 10:11
The General Department of Customs requires provincial and municipal Customs Departments to strengthen inspection of origin criteria (C/O) for imported complete automobiles when applying special preferential tax rates.
Cars on sale for 100 million, don't rush to buy a car for Tet
DNUM_AJZBCZCABG 09:56
In 2017, when the tax rate was reduced, the prices of imported cars from Thailand and Indonesia to Vietnam also decreased. Therefore, to attract customers at the end of the year, businesses launched a series of new car models, with strong discounts, making the car market extremely vibrant.
Vietnamese people 'willing to spend' billions of dollars to import cars
DNUM_AGZAHZCABG 10:34
A report from the General Statistics Office (Ministry of Planning & Investment) shows that imported car sales decreased sharply in the first 6 months of the year.
Imported cars begin to cool down
DNUM_CDZABZCABG 20:58
The imported car market is showing signs of decline and may not maintain the growth rate as in 2015 when the selling prices of many imported car models are adjusted upward.
Imported cars reach highest level since 2010
DNUM_BEZBCZCABF 06:38
The number of imported cars with 9 seats or less in October 2015 reached the highest level since January 2010.
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