Vietnam cuts car import tariffs for ASEAN, China

Newswire

HANOI, June 27 (Reuters) - Vietnam, which has among the world's highest car prices because of hefty taxes, has cut tariffs on vehicles imported from Southeast Asia and China to 50 percent from 90 percent as part of a regional trade pact. A finance ministry document obtained on Tuesday showed the new tariffs apply retroactively from January 2006 for automobile imports from China, Thailand, Singapore, the Philippines, Myanmar, Malaysia, Indonesia, Laos, Cambodia and Brunei. Tariffs on cars ...

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