Vehicle registration certificates issued by foreign automobile manufacturers shall be accepted in Vietnam, says the Ministry of Transport (MoT)’s latest draft circular.
Vietnam’s new Decree 116 put in place on January 1 has raised concerns. The decree stipulates that traders are only permitted to import automobiles if they can provide valid vehicle registration certificates issued by authorities from the countries of origin.
According to Volkswagen’s representatives, there is no such kind of certificate in Germany and they are asking the parent company for it. Meanwhile, some Japanese auto manufacturers have decided to suspend exports to Vietnam following the decree.
The issue was raised at the Dialogue between European Enterprises and the Vietnamese Government on January 22.
Tran Quang Ha, Deputy Director of the Science and Technology Department of the Ministry of Transport, said MoT’s lastest draft circular was clear on the issue. Accordingly, imported cars must come with registration certificates issued by authorities from the country of origin. Nonetheless, in case the countries of origin allow their automobile enterprises to produce certificates testifying to the products’ quality with full responsibility, the same documents would be acceptable in Vietnam.
He added that the new draft circular will also simplify inspection procedures for imported vehicles and that guidelines on applying the decree are submitted to the Ministry. However, the draft has been thoroughly reviewed and is expected to be released this week, Ha said.
Illustrative photo
|
The issue was raised at the Dialogue between European Enterprises and the Vietnamese Government on January 22.
Tran Quang Ha, Deputy Director of the Science and Technology Department of the Ministry of Transport, said MoT’s lastest draft circular was clear on the issue. Accordingly, imported cars must come with registration certificates issued by authorities from the country of origin. Nonetheless, in case the countries of origin allow their automobile enterprises to produce certificates testifying to the products’ quality with full responsibility, the same documents would be acceptable in Vietnam.
He added that the new draft circular will also simplify inspection procedures for imported vehicles and that guidelines on applying the decree are submitted to the Ministry. However, the draft has been thoroughly reviewed and is expected to be released this week, Ha said.
Other News
- North-South high-speed railway to open up new economic opportunities
- Prime Minister calls on China to pilot border economic cooperation zone
- State-owned corporations set to pilot offshore wind power projects
- AIIB ready to fund Hanoi’s urban railway projects
- S.Korea’s industrial conglomerates to expand investment activities in Vietnam
- Intel boosts Vietnam’s semiconductor workforce for ambitious goals
- Vietnam among top investment destinations for SEA investors
- Vietnam looks to support FDI firms as global minimum tax looms
- Factors unlocking Vietnam’s potential in FDI attraction: HSBC
- Opportunity at hand: Leveraging global minimum tax for FDI attraction
Trending
-
Hanoi holds grand ceremony for 80th anniversary of Vietnam People's Army
-
Vietnam news in brief - December 22
-
Wandering around Hoan Kiem District via young singer's music video
-
Vietnam Defense Expo 2024 secures $286.3 million in deals
-
Memories and Faith" features war memorabilia
-
Smart solutions - Key for Hanoi tourism in 2025
-
HABECO – The spirit of Vietnam rising
-
Bia Ha Noi brings you golden luck in Lunar New Year
-
Quintessence of Tonkin: Modern approach to experiencing Vietnamese culture
-
Liên kết hữu ích
- Giá lăn bánh es250
- phạt nồng độ cồn xe máy