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Vietnam News

MOF unexpectedly slashes tariffs more sharply than expected

MOF unexpectedly slashes tariffs more sharply than expected

30/12/2010 09:53 am
Car importers complain that they made mistakes in their business plans because they did not predict that the Ministry of Finance (MOF) would slash the sharply import tariffs even more than previously planned.

Rushing to buy cars to avoid higher tax

Rushing to buy cars to avoid higher tax

29/12/2010 08:57 am
The car market, which had been gloomy for many months, has suddenly heated up as people are rushing to buy cars to avoid higher ownership registration tax.

Bike shortage leads to the scratching of heads

Bike shortage leads to the scratching of heads

28/12/2010 09:30 am
A shortage of the recently launched Honda Vietnam’s PCX 125 scooters contradicts the Japanese firm’s assertion it is still expanding production.

CBU car imports on the rise

CBU car imports on the rise

27/12/2010 09:15 am
The domestic car market will see a rising inflow of complete-built-unit imported cars on the back of lower import tariffs next year.

Vietnam Airlines to welcome 12 millionth passenger

Vietnam Airlines to welcome 12 millionth passenger

24/12/2010 01:56 pm
Vietnam Airlines will welcome the 12 millionth passenger at Noi Bai Airport in Hanoi next week, thus fulfilling its annual target for this year days earlier, said the southern regional office of the national flag carrier.

Vietnam November auto imports up 16%

Vietnam November auto imports up 16%

24/12/2010 09:01 am
Vietnam’s auto trading companies imported 5,499 fully built cars worth of US$92.7 million in November, a rise of 16.4% from October, according to the General Department of Customs.

Auto registration fees to surge

Auto registration fees to surge

23/12/2010 10:09 am
The registration fee for passenger vehicles with fewer than nine seats will be increased in Ha Noi and HCM City early next year from 15 per cent to 20 per cent of the vehicle’s purchase price, under an expected decision from the Ministry of Finance.

It will not be easy for Vietnam to mark its name in the world’s F1 map

It will not be easy for Vietnam to mark its name in the world’s F1 map

22/12/2010 09:29 am
The information that Vietnam may have a Formula One (F1) Car Racing Course has excited many people. However, Thoi bao Kinh te Vietnam warned that it is still too early to dream of such a racing course in Vietnam, and that the project remains an…idea.

Honda prices send buyers into a spin

Honda prices send buyers into a spin

21/12/2010 09:14 am
Vietnamese consumers will continue to be punished by the soaring prices of Honda motorbikes, due to lax market management regulations. Over the past two months, Honda Vietnam Company’s (HVN) automatic gear motorbike prices have rocketed up uncontrollably.

Consumers wait to purchase cars on new tax cuts

Consumers wait to purchase cars on new tax cuts

20/12/2010 09:13 am
New tax cuts on car imports, released by the Ministry of Finance last week, will spell benefits for car buyers from January 1.


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