tariff cuts

Update news tariff cuts

VN automobile industry: new circumstances offer opportunity

Vietnam now has a new opportunity to develop its automobile industry. If the chance is missed, the country will become an automobile import market.

Under FTAs, car imports will be subject to lower tariffs

The two important FTAs – CPTPP and EVFTA – all have strong commitments on tariff cuts, with the tariffs expected to be completely removed in 7-13 years.

Will Chinese cars flood the Vietnam market?

Car dealers have halted the import of Chinese cars but are expected to resume early next year.

Vietnam’s veggies and fruits can no longer cross the border to enter China

Vietnam’s vegetables and fruits are finding it difficult to enter China, but the country continues to import Chinese products in large quantities.

Decree set to benefit 300 goods from CPTPP tariff cuts

Some 300 goods are expected to enjoy preferential tariffs under a pending decree detailing tariff cuts under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).


SK beauty services to land in Vietnam after tariff cuts

Many South Korean beauty service brands are seeking ways to penetrate the Vietnamese market through franchise models after the elimination of seven tariff lines on cosmetics.

Luxury cars flooding Vietnamese market

VietNamNet Bridge - Mercedes, Ford, Audi, Porsche and BMW auto manufacturers have been expanding their distribution networks in Vietnam in recent months.