BMW recall of 470 cars in Vietnam may be due to fire risk

BMW recall of 470 cars in Vietnam may be due to fire risk

German car manufacturer BMW’s sudden recall of 470 cars in Vietnam may be related to the car giant’s re-exporting of 88,000 vehicles in the UK due to fire risk.
Gov’t tightens diplomatic car imports

Gov’t tightens diplomatic car imports

Deputy Prime Minister Vuong Dinh Hue has asked ministries to strengthen the management of temporary import of cars of individuals who enjoy privileges and tax exemptions in Viet Nam.
Used cars to get import tax rise of 20 per cent

Used cars to get import tax rise of 20 per cent

Import taxes on used cars of nine seats or fewer and an engine displacement of less than 1,500cc will increase by up to 20 per cent from April 28.
Lexus drives ahead of the pack

Lexus drives ahead of the pack

Auto market’s hi-end, luxury segment is hitting top gear.  
Driving a bus through luxury vehicle regulations

Driving a bus through luxury vehicle regulations

A recent sharp rise of imported luxurious cars into Vietnam has triggered concerns over losses to the state coffers from a manipulation of the current state incentive policy.
Two way street in auto tax news

Two way street in auto tax news

No dramatic changes are expected to automobile industry tax policies in the upcoming period.
Auto firms feel the heat

Auto firms feel the heat

Policy changes have boxed auto businesses into a corner.
Flash autos roll in due to loop hole

Flash autos roll in due to loop hole

An import incentive policy is being used to bring new expensive cars into Vietnam.
Luxury cars roll into Vietnam despite economic doldrums

Luxury cars roll into Vietnam despite economic doldrums

The super luxury and luxury car segments remain hot, while middle and low-class cars have been on a bumpy road
Siemens rolls out light rail in US

Siemens rolls out light rail in US

German-invested Siemens Company will supply another 18 light rail cars to the US’s Portland city.
Toyota turns corner to production

Toyota turns corner to production

Many car-makers in Vietnam are turned off by the market downturn and government’s inconsistent policies, but Toyota Motor Vietnam’s new president Yoshihisa Maruta told VIR’s Mai Linh that his company would continue prioritising production, but not distribution.  
Electric cars’ tax chicane

Electric cars’ tax chicane

State agencies will craft imported electric car taxes based on usage functions.
Smoothing the way for better roading

Smoothing the way for better roading

Road maintenance funding issues are under the microscope.
Top gear for car-makers

Top gear for car-makers

Foreign car-makers remain positive with plans of investing in Vietnam despite a recent nosedive in sales and registration fee increases.
Auto market in the slow lane

Auto market in the slow lane

The auto market continues to crash with no brakes.
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