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Mitsubishi Motors to invest US$250 million in second factory in Vietnam

Mitsubishi Motors is searching for a suitable location to build its second automobile factory in Vietnam with the expected investment capital of US$250 million.

Excise tax increase: A pickup truck priced at US$44,000 may be added US$23,800

Although car import tax will be reduced, the excise tax is proposed to be highly raised, impeding the free international trade.

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