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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.

Toyota reveals its first import batch of 1,000 cars enjoying zero percent under AFTA

According to a representative of Toyota Vietnam, its first batch of duty-free cars could not reach Vietnam until this June.

Number of imported cars into Vietnam increased by 25 times in March

The total volume of imported CBU cars into Vietnam in March 2018 was estimated at 5,000 units.

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