Under Government Decree No. 65/2024/ND-CP, dated June 17, the deadline to pay special consumption taxes for domestically manufactured or assembled automobiles will be extended, according to a report from the Vietnam News Agency.

Accordingly, the deadline for May, June, July, August, and September will be extended to November 20.

The decree takes effect from the date of signing (June 17) till the last day of this year, after which the payment will be carried out in line with current regulations.

Earlier, the Ministry of Finance had proposed the Government to impose the extension which, according to the ministry, is expected to help 14 local automobile manufacturers to tackle difficulties for recovery and growth.