Navigating tariff roadmaps for automobile imports

Navigating tariff roadmaps for automobile imports

The average tariff on imported cars in Vietnam has decreased from 49 per cent in 2015 to 12 per cent in 2020. As a result of changing car import tariffs over the past 5-10 years, Vietnam’s car imports shifted from high-tariff countries like India and China towards low-tariff ASEAN countries like Thailand (see graph). Several socioeconomic developments have triggered these changes.
Managing fresh automobile clusters for post-virus boost

Managing fresh automobile clusters for post-virus boost

The outbreak of the coronavirus has had negative effects on global supply chains in the world’s automobile industry.
Cars prices defy expectations by rising

Cars prices defy expectations by rising

Vietnam imports 523 cars from Thailand in a week, while the price of imported Honda cars is also increasing.