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TAXES, CUSTOMS STIFLE USED CAR IMPORTS IN VIETNAM.

Publication: AsiaPulse News

Publication Date: 29-SEP-06
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COPYRIGHT 2006 Asia Pulse Pty Ltd

HANOI, Sept 29 Asia Pulse - Cumbersome customs procedures and high import taxes have rendered imported used cars unmarketable since the Government began allowing the import of secondhand vehicles back in May of this year, said auto dealers in Hanoi.

In the four months since Decree No 12 took effect allowing the importation of used cars, 160 used cars have cleared customs, according to the General Department of...

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