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car import tax
Updated news related to car import tax
Mexico imposes 50% import tax on Chinese cars
Mexico's decision to increase import tax on cars from China to 50% has shocked the market and opened up many economic and political debates.
Market
Mexico raises import tax on Chinese cars to 50%
Mexico's decision to increase import tax on cars from China to 50% has shocked the market and opened up many economic and political debates.
5 factors strongly affecting car prices in 2019
The Vietnamese automobile market in 2019 is expected to have many fluctuations after a series of drafts are being considered such as increasing registration fees for pickup trucks, cars over 1.5 billion VND may be subject to property tax,...
Cars and a series of cheap goods from CPTPP countries will flood into Vietnam?
Car imports from ASEAN countries have dropped to 0%, but car prices and a series of other products are expected to continue to drop dramatically when the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) was officially signed.
4 small car models with 0% import tax for women
Possessing a fashionable design, easy to use and competitive price thanks to 0% import tax, small car models are about to come to Vietnam such as Toyota Wigo, Honda Jazz... will bring new choices for women who love cars.
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.
Domestic cars are discounted, imported cars with 0% tax cannot be brought to Vietnam
Domestically assembled cars continue to "initiate" the price reduction race, while car models manufactured in ASEAN that are subject to 0% import tax still cannot be imported to Vietnam.
'Shocking' Vietnam ranks 5th in Southeast Asia in car consumption
November 30, 2017 08:43
Among the eight countries in the ASEAN Automotive Association, Vietnam ranked fifth in terms of car consumption in the first three quarters of 2017, with sales falling 4.2 percent year-on-year.
'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%.
Car imports from Indonesia drop sharply
November 14, 2017 14:35
The number of imported cars to Vietnam continued to decrease sharply in October, especially cars from Indonesia. Meanwhile, the price of imported cars in 2018 is predicted to be difficult to decrease as much as expected.
Import tax is 0%, which cars will be discounted?
October 21, 2017 10:45
When car import tax is 0%, the price of many imported car models will decrease, but the decrease will depend on the type of car and many factors.
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.
Double Tax: Used Cars More Expensive Than New Cars
August 16, 2017 09:05
Import tax on used cars is expected to increase, used cars are twice as expensive as new cars, businesses that import used cars are out of business. With the current tax rate, many businesses are losing money; not to mention having to pay back taxes.
The cheapest car models when import tax is 0%
June 16, 2017 12:02
According to experts, in 2018 when car import tax is 0%, consumers should buy cars such as: Ford Fiesta, Focus, Toyota Vios, Corolla Altis...
Indonesian cars worth 300 million, Thai cars worth 400 million are pouring into Vietnam
February 15, 2017 19:39
The average price of imported cars from Indonesia to Vietnam ports is only 289 million/car, cheaper than Thailand which is 407 million/car. That is the price in 2016, in 2017 the price will decrease further when tax is reduced, causing more cheap cars to flow into Vietnam.
Imported cars cost hundreds of millions more because of storage fees
December 21, 2016 08:58
Faced with the situation of many car import companies showing signs of fraud, the Ministry of Finance has "ordered" strict control of imported cars. But both companies and customs are facing difficulties due to the arising problems.
Massive import of expensive cars to avoid taxes
June 25, 2016 22:17
The sharp increase in the average price of imported cars in a short period of time shows that expensive cars with large engine capacities are being imported to Vietnam in large numbers before the tax increase deadline of July 1.
From July 1, tax on imported cars will be sharply reduced
April 8, 2016 10:06
From July 1, the special consumption tax on cars will change dramatically. Tax on small capacity cars will decrease sharply, while it will increase on large capacity cars.
Reducing car import tax: Budget loses revenue sharply.
August 1, 2015 16:25
According to the Ministry of Finance, when implementing commitments to reduce import tax on automobiles, the State budget will see a significant reduction in import tax revenue on automobiles and automobile components because these are items with high tax rates and large turnover...
Car import tax reduced, will prices decrease?
May 18, 2014 15:21
The Vietnamese automobile market is gradually reducing import tax on completely built-up cars according to the commitment of the ASEAN free trade area. So when import tax on cars is reduced, will the price decrease?
Import tax on cars running on compressed natural gas
September 23, 2013 18:29
Buses running on compressed natural gas (CNG) have a current preferential import tax rate of 70%.
Exemption from import tax on cars of individuals and diplomatic organizations
September 18, 2013 10:34
Many new points for individuals and diplomatic agencies to import and transfer vehicles during and after working time.
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