HANOI, Aug 28 (Reuters) - To spur automakers to make vehicle parts in Vietnam rather than import them, the communist country will hike tariffs on imported parts to 25 percent next month from 20 percent now, a government official said on Thursday. "A new tariff regime will be applied from September 1 on imported auto parts," an official from the finance ministry's General Tax Bureau said. The ministry has approved a rise of five percentage points on imported auto parts that will bring the ...
Premium Content (PAID Subscription Required)
"Vietnam raises tariffs on auto part imports" 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:
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!
Current subscribers, please login or CLICK for support information.