Heat, but few results, from Vietnam auto faceoff

Newswire

By Christina Toh-Pantin HANOI, Dec 20 (Reuters) - Heated words, but few concrete results, emerged on Friday from a meeting of 11 foreign automakers and Vietnam's government to discuss surprise higher tariffs on imported parts, a move the industry bitterly opposes. Tax department officials, part of the Ministry of Finance that signed the December 4 decision, slammed auto firms for not advancing Vietnam's tiny car industry beyond the basic assembly stage while being protected by years of ...

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