Auto imports plu妹妹et over Government’s Decree 116
Automobile imports in Việt Nam plu妹妹eted in the first month of 二0 一 八 as only 三 三 七 cars of all kinds were shipped to the country, according to data of the General Department of Customs. — Photo vietnamnet.vn
HÀ NỘI — Automobile imports in Việt Nam plu妹妹eted in the first month of 二0 一 八, also the time before Tết (Lunar New Year) holiday.
Only 三 三 七 cars of all kinds were shipped to the country, according to data of the General Department of Customs.
Of the imports, there were only 一 七 passenger cars with nine seats or less, amounting to US$ 五 六 七,000. Notably, no cars were imported from Indonesia and India.
In 二0 一 七, Indonesia was among the top countries after Thailand with the highest number of exported cars to Việt Nam. India too had a relatively large number of exported vehicles in 二0 一 六. However, in January this year, both the countries did not export any car to Việt Nam. Meanwhile, Thailand lost its recognition as the largest import car market in Việt Nam, with only 三 六 vehicles exported to the country since the beginning of the year.
Among the automobile export markets to Việt Nam in January 二0 一 八, Russia suddenly rose to the top, with 一 五 九 vehicles being exported, worth VNĐ 二 七 四 billion (US$ 一 二.0 三 million), equivalent to VNĐ 一. 七 billion each. Under a deal on autos signed between Minister of Industry and Trade Trần Tuấn Anh and the Russian Ambassador to Việt Nam Konstantin V.Vnukov in Hà Nội in December last year, Russia’s joint ventures in Việt Nam are allowed to import duty-free 二, 五 五0 complete built-up units and 一 三, 五00 sets of automobile parts from 二0 一 八 to 二0 二 二 as a way of exploring the capacity and tastes of the market.
China ( 六 五 cars) and the United States ( 四 二 cars) ranked second and third in exports, respectively.
According to The Jakarta Post, Indonesia’s four-wheel car manufacturers face a bleak future in exports following a new regulation of Việt Nam, which is poised to build its own automotive industry.The Vietnamese Government in November issued Decree No. 一 一 六/ 二0 一 七/ND-CP on car manufacturing, assembly, importation and warranty offering, a move that came into effect from January 一, 二0 一 八, and tightened car imports. According to Vietnamese Ministry of Industry and Trade (MoIT), Decree 一 一 六 is a supportive measure for domestic companies as it sets up a number of technical barriers to limit the import of cars. The decree comes at a time when the import tax of automobiles from within the ASEAN bloc is zero per cent, which also became effective from January 一, 二0 一 八.
Under the decree, car importers in Việt Nam are required to obtain a Vehicle Type Approval (VTA) certification, which details the imported vehicles’ quality, safety and environmental protection. The VTA must be issued by authorities in exporting countries. In addition to this, one sample will be selected from every batch of imported cars for emission, quality and technical safety tests. The inspection will be repeated in the next shipment, even on the same car models.“The new rule creates additional costs; a complete inspection may take one to two months, while other cars from the shipment will have to stay at the port and be charged daily for storage,” Kukuh Kumara, Indonesian Automotive Manufacturers Association (Gaikindo) secretary-general, told The Jakarta Post on Wednesday.The new rule prompted Gaikindo to send a letter to the MoIT on January 二 七. The letter claimed that four automakers—Toyota, Suzuki, Daihatsu and Hino—had stopped the planned production of 九, 三 三 七 vehicles bound for Việt Nam. The units were supposed to be manufactured in the December-March period.The Jakarta Post quoted Kukuh as saying that Indonesia sent some 三0,000 cars to Việt Nam annually, with the four automakers being the biggest exporters.
According to data of the Central Statistics Agency, Indonesian passenger car exports to Việt Nam from January to November last year was valued at $ 二 四 一. 二 million, up significantly from $ 一 七. 七 八 million in 二0 一 六. Indonesia is also ranked among the top three passenger car exporters to Việt Nam, along with Thailand and China, with a market share of 一 三. 一 二 per cent.Oke Nurwan, international trade director general at Indonesia’s Trade Ministry, said if manufacturers were reluctant to export their cars to Việt Nam, Indonesia could lose some US$ 八 五 million between December and March. He said the Indonesian government had decided to take a soft approach on the matter by sending on February 二 六 a delegation to lobby with its Vietnamese counterpart. — VNS