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Update news vietnamese automobile industry
With the presence of over 10 hybrids, priced from VND500 million to VND1.3 billion, the Vietnamese automobile market has become more bustling.
PM Pham Minh Chinh has requested the Ministry of Finance to urgently study the impact, and to complete and propose to the Government a decree on registration fee collection rates for domestically-produced and assembled cars within this month.
The Ministry of Finance asked key ministries, branches and agencies, for their feedback on the proposal to extend the reduction of registration fees for domestically manufactured and assembled cars in Vietnam
Thousands of inventoried trucks belonging to the VEAM (Vietnam Engine And Agricultural Machinery Corporation) automobile factory remain unsold, though the starting price is lower than the cost price.
Motorists have expressed their disappointment about the list of 153,000 car number plates to be auctioned for the first time, slated for August 15, because most of the numbers are not as "beautiful" as expected.
The Ministry of Finance (MOF) has rejected a request for the 50% registration fee reduction for domestically manufactured, assembled and imported automobiles.