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Update news vn automobile industry
Industry Ministry to propose credit package to help car companies drive forward
The Ministry of Industry and Trade will propose to build a credit package of VND100 trillion (US$4.4 billion) for developing the support industry for industrial sectors, especially automobile production.
Special Consumption Tax exemption for localisation
Proposals on the special consumption tax exemption for locally-manufactured parts will be a key driver for automobile manufacturing and supporting industries to take flight with the help of the private sector.
