MoF proposes 50% cut in car registration fees amid sales decline
Policy expected to address slump in demand.
Topic: Vietnam Automobile Manufacturers Association (VAMA)
Ministry proposes 50% cut in automobile registration fees
Fee reduction expected to boost automobile sales.
Auto market up 20% in July
Figures from the Vietnam Automobile Manufacturers Association (VAMA) show that the local market excelled in July, posting a 20 per cent increase compared to June and up 88 per cent year-on-year. The popularity of the Mitsubishi Xpander returned, with it leading sales.