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January 30, 2019
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To read part 1, please click here 2. Tax policies Vietnamese automotive market in 2019 is foretold to be unstable due to various related bills is being considered, such as increasing registration fee, property tax, etc. In terms of registration fee, Ministry of Finance suggested to increase registration fee of semi-truck under 1.5 tons and under 5 seats. If this bill is officially implemented, Vietnamese consumers will pay three or four times higher for first-time registration tax than that of now. Besides...

January 30, 2019
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2019 is expected to be a competitive year of Vietnamese automobile market, which is going to be fraught with fabulous newbies and various tax policies. 1. SUV is on top, rookies are coming to town! A variety of novel car models equipped with cutting-edge features and competitive price are on their way to debut. They are mostly from famous car brands such as Honda, Hyundai, Ford, etc. Now, let’s take a look at some of the hottest rookies! Hyundai Santa Fe 2019 This...

January 30, 2019
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Customer is the heart of every business. To become a flourish dealer, you should understand deeply who your customers are, what they actually need and how you can help them. We called it “customer-centric”. Now, let’s get insight into Vietnamese customer behaviors in automotive market by some of the statistics below: 1. Look back to figure out! Now, let’s get insight into Vietnamese customer behaviors in automotive market by some of the statistics from the year of 2018 below: When deciding to...

January 30, 2019
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2018 is a year of flourishing as well as fluctuating for Vietnamese automotive industry. Let’s look back what happened by the following summaries. 1. Overall sales increased 2018 annual sales were 288,683 vehicles, up 5.8% compared to the last year, according to Vietnam Automobile Manufacturers Association. CKD volume was up 10.6% to 215,704 units, and CBU volume was down 6.2% to 72,979 units. This would be the positive tendency for automotive industry in Vietnam and predicted to rise even more over the next...