Vietnam moves up 2 places in UN’s E-Government Development Index
As many as 70.35% of Vietnamese people have access to Internet, a significant increase from the 46.5% in 2018.
As many as 70.35% of Vietnamese people have access to Internet, a significant increase from the 46.5% in 2018.
In July, Vietnam imported nearly 4,800 cars worth US$108 million, up 34% month-on-month in volume and 10% in value.
Foreign investors are returning to the market with its net outflow narrowing from VND12 trillion (US$520 million) since its March bottom to VND1.8 trillion (US$78 million) as of mid-August.
Hanoi, Manila, and Jakarta have made comments shortly after the US strengthened position in the sea of more than US$5 trillion worth of trade transits per year.
A reduction of 50% of the registration fee for domestic cars and the removal of import tariff for car parts not available domestically would help boost the domestic car market.
Such increases have created a burden on the citizens, while multinationals are taking advantage of Vietnam’s incentive policies to avoid taxes.
People’s mobility, on average, is almost back to normal in Vietnam.
The majority of imported cars in Vietnam in April came from Thailand and Indonesia.
The main issues of the local automobile industry lie in the inability to master core technologies such as engine production, the control and transmission systems.
The majority of imported cars in Vietnam in March came from Thailand and Indonesia.