Vietnamese Prime Minister orders 50% cut in registration fees for domestic cars
A draft decree regarding the newly adjusted fees for registering domestic vehicles is expected to be submitted to the Government by June 15.
A draft decree regarding the newly adjusted fees for registering domestic vehicles is expected to be submitted to the Government by June 15.
Vietnam’s calculation of the localization rate should be consistent with international practices, which are based on the proportion of domestically generated value rather than the parts produced within the country.