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Vietnam plans to drop taxes on auto parts in a last-ditch effort to save domestic manufacturers, which are bracing for a deluge of foreign cars on the country's motorbike-covered streets next year.

15/11/2017

Motorbike-Mad Vietnam Plans Tariff Cuts as Car Influx Looms

• Finance Ministry to align rates with WTO commitments, allowing tariffs of zero to 30 percent • Could cut average tariffs in half on materials companies import to assemble vehicles   Vietnam plans to drop taxes on auto...
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ASEAN|Car Manufacturers|Economy|Motorcycles|Tourism|Vietnam

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