Vietnam to drop China tariffs automobile enterpris
According to the ASEAN - China cargo trade agreement, the Vietnamese Ministry of Finance recently introduced China's car imports concessionary tax rate from the beginning of this month. Imports from China original purpose vehicle tariffs from 50 percent down to 40 percent. Enjoy the import tariff for the original purpose vehicle: snow vehicle, golf courses exclusive cars, small cars and total tonnage of not more than 24 tons of goods vehicles.
Imports from China pickup trucks, ordinary Transporter, displacement or not more than 356 CC deadweight not more than 350 kg of three light vehicles, and the total tonnage of not more than five tons of goods vehicle import tariffs from 90% to 80% . The weight of six tons more trucks import tariffs from 55% to 50%.
Industry experts believe that, in 2006, Vietnam's annual car sales should be 100,000 more, China's automobile enterprises will be faced with a good business opportunity.
