Posh cars hit speed bumps

Posh cars hit speed bumps

Revised taxable values of brand-new and used luxurious cars have significantly driven up the cost of cars not imported by authorised dealers.
Auto sector still faces a bumpy road

Auto sector still faces a bumpy road

The ministries of Finance, Industry and Trade’ proposed move to loosen auto import regulations has encountered strong actions from car manufacturer association.
Audit uncovers fuel wholesalers’ hefty profits

Audit uncovers fuel wholesalers’ hefty profits

Although fuel wholesalers have repeatedly claimed a “refrain” bemoaning of losses, they have actually been operating with enormous profits, Deputy Minister of Finance Vu Thi Mai said in a press briefing yesterday, citing audit results.