October 14, 2009
VietNamNet Bridge – After GDC released their updated reference price list, importers have raised sale prices by 3-5 percent. The reference price list provides information on average price levels for car imports which customs agencies refer to to find out if importers are declare wrong prices to evade tax. Many car importers in Hanoi and [...]
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March 6, 2009
VietNamNet Bridge – New luxury taxes will become valid as of April 1, 2009, which also spells that car prices will increase after that day. Two groups of cars will bear sharp price increases because they will see the sharpest tax increases. Five-seaters with cylinder capacities of over 3,000 cu m will bear the tax rate [...]
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February 16, 2009
The retail prices of cars have decreased by 5% on average, and at most by 11%, but the reductions are just considered a small flame, too miniscule to heat up the cold car market. “If the car price reductions had been announced in early 2008, my friends and I would have rushed to purchase cars [...]
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