Vietnam slashes registration fee by half to rev up domestic car sales
The decision, set to valid until the end of 2020, would help customers save thousands of dollars.
The decision, set to valid until the end of 2020, would help customers save thousands of dollars.
The majority of imported cars in Vietnam in April came from Thailand and Indonesia.
In January, Vietnam imported nearly 4,000 cars worth US$106 million, up 14% month-on-month in volume but down nearly 49% in value.
The year of 2019 was a difficult period for Vietnam’s auto market, but also marked positive performances of most local car producers.