HANOI, Aug 21 (Reuters) - Vietnam, where car prices are already among the world's highest, is planning to raise taxes by up to 20 percentage points as part of efforts to cut fuel consumption and reduce traffic congestion. Under a draft law, a special consumption tax would be raised to 60 pct for consumers who buy cars with 2.0 to 3.0 litre engines and 70 pct for cars with engines bigger than 3.0 litres, from 50 percent now, the Finance Ministry said in a report on Thursday. "The tax ...
Premium Content (PAID Subscription Required)
"Vietnam plans to raise car taxes to save fuel" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642