Starting from April 28, import taxes on used cars of nine seats or less,
with a cylinder capacity of less than 1,500cc, will increase by 20
percent compared to the exiting rate.
According to a new decree
issued by the Ministry of Finance, the import tax imposed on used cars
with a cylinder, capacity of less than 1,000cc will be 4,200 USD a unit
instead of 3,500 USD currently.
The tax is 9,600 USD for each used car with a cylinder capacity of 1,000-1,500cc, up 1,600 USD from the current level.-VNA