Government responds to the Decree 116 on harnessing automobile import
The incurring matters of the Government’s Decree No. 116/2017/ND-CP as well as the unavailable circular guiding the Decree have caused many difficulties to automobile importers.
The incurring matters of the Government’s Decree No. 116/2017/ND-CP as well as the unavailable circular guiding the Decree have caused many difficulties to automobile importers.
The Government’s Decree No. 116/2017/ND-CP which came in full force and effect on January 01, 2018, is viewed as a “new barrier" to protect domestic automobile industry from the automobiles imported from ASEAN entitled to a zero per cent tariff, according to automobile importers and exporters.