Latest News about tariff cut
CBU (complete built unit) imports from Thailand account for more than 50 percent of total car imports and turnover in the first eight months of the year, according to the General Department of Customs (GDC).
Experts think the plan to spend $4.3 billion to develop the automobile industry will be in vain.
Vietnam has increased imports of chicken from the US which have the surprisingly low price of VND18,000 per kilogram.
The countries with developed technologies such as Japan and the US, when seeking places for their long-term investments, consider possible destinations such as Vietnam, Indonesia and India very carefully.
Higher import tariffs proposed by the government are expected to restrict imports of trucks and specialized vehicles from China.