Vietnam to remove tariffs on autoparts from January

Vietnam is planning to boost its automotive industry by removing tariffs on autoparts. The industry is expected to become less competitive regionally as tariffs in the region are terminated following the Asean agreement coming into effect. As a result the government wants to protect both domestic and foreign car makers in the country by applying a zero tariff to car components.

The post Vietnam to remove tariffs on autoparts from January appeared first on The Loadstar.

Source: The Loadstar

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