VAMA

Update news VAMA

Will car prices fall in 2017 after tariff cut?

VietNamNet Bridge - The tariff on CBU (complete built unit) car imports from ASEAN will be cut 30 percent in January, but consumers are concerned that selling prices will remain the same. 

Euro 4 emission-standard vehicles may not have fuel by early 2017

VietNamNet Bridge - Vietnam has spent four years to prepare for the application of Euro 4 emission standards, but many problems still exist.

High-performing 175cc vehicle market exploding

VietNamNet Bridge - The demand for high-cylinder capacity motorcycles has risen with the rapid growth of the middle class. 

Import car market: monopoly and fraud can bring super profits

VietNamNet Bridge - Not only trading companies but authorized car distributors as well have been found playing tricks to evade tax.

Vietnam works with Russia to realize ‘low-cost’ car dream

VietNamNet Bridge - Automobile joint ventures between Russia, Belarus and Vietnam are expected to be set up soon.

Is Vietnam the most attractive automobile market in ASEAN?

VietNamNet Bridge - The Vietnamese automobile market is much smaller than Thailand, the Philippines and Malaysia, but it is now one of the most attractive markets in the region.

Cheap Indian cars may not be able to enter market

VietNamNet Bridge - Indian car manufacturers may find it hard to enter the Vietnamese market because of a new decree. 

Has Honda Vietnam sacked 3,000 workers?

VietNamNet Bridge - Honda Vietnam has denied that 2,000-3,000 workers at its factory in Vinh Phuc province have been laid off.

One barrier removed, another imposed on car importers

VietNamNet Bridge - The Ministry of Transport (MOT) is compiling a legal document which will replace the controversial Circular 20, which bars small automobile importers from entering the market.

Vietnam loses VND4 trillion as it fails to collect tax on Chinese car imports

VietNamNet Bridge - Vietnamese enterprises are complaining that they cannot compete with cheap Chinese car imports that evade taxes.

Vietnam keeps long-term vision, sets too many goals

Most of the criteria Vietnam has set to become an industrialized country by 2020 appears to be unattainable. 

Most Vietnamese opt for fuel-efficient autos

Nearly 70% of Vietnamese who joined a recent survey of carmaker Ford said fuel efficiency is more important than capacity when they decide to buy cars.

State gives approval for big players to dominate automobile market

VietNamNet Bridge - If new suggestions by state management agencies receive approval, the automobile market is expected to benefit bigger dealers. 

Will car imports be limited under new regulations?

VietNamNet Bridge - Car importers are anxiously awaiting a new rule from the MInistry of Transport.

Vietnamese turn their back on Chinese cars

VietNamNet Bridge - Vietnamese are turning their back on Chinese cars for several reasons, including low quality, design copies and vulnerability.

Motorbike manufacturers still raking in the profits

VietNamNet Bridge - Though the Vietnamese motorbike market is becoming saturated, manufacturers still make big profits with 3 million products bought every year.

Super-motorcycles flocking to Vietnam

Many well-known high-cylinder capacity motorbike brands have arrived in Vietnam. The super-motorbikes, with high technology, strong engine and sky-high selling prices of between hundreds of millions of dong and billions of dong, have been marketed.

Russian cars returning to ‘promising land’

Vietnam, a large market with high population and a developing economy, which is part of the vast 600 million people AEC (ASEAN Economic Community) market, is a ‘promising land’ for Russian automobile manufacturers.

National Assembly's deputies propose to ease luxury tax on cars

VietNamNet Bridge - National Assembly deputies, when consulted by the Finance & Budget Committee about the luxury tax law amendment, have proposed to lower the tax on cars.

Tentative car purchase quota scheme worries Hanoians

Hanoians’ dream of owning cheaper cars after the tax cuts under the ASEAN Free Trade Agreement (FTA) may be dashed as local authorities are considering applying a quota scheme in an effort to restrict the number of cars in circulation.