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Import cars

Scarcity of duty-free import cars remains despite surpassing harness straps

In spite of overcoming tightened harness straps of pollution emission and customs inspection specified in Decree No. 116, the number of duty-free cars imported from ASEAN remains still very limited, causing Vietnamese buyers unable to buy low-cost car in this month as expected.

Scarcity of import automobile hikes prices of used motor vehicles and locally assembled cars

The Decree No. 116 leading to a continuous downward trend for import cars has created opportunities for brands like Nissan, Mazda or Kia to increase their prices as consumers preferences change to locally assembled car.

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