Car importers getting to grips with new regulations
Despite initial hiccups, most of Vietnam’s car firms are now complying with import rules that were tightened early last year, according to Deputy Prime Minister Trinh Dinh Dung.
The auto import is expected to recover after businesses adapt the Government’s requirements. (Photo: Soha)
Hanoi (VNS/VNA) - Despiteinitial hiccups, most of Vietnam’s car firms are now complying with importrules that were tightened early last year, according to Deputy Prime Minister TrinhDinh Dung.
The official made the comment at a conference to review the implementation ofthe Government’s Decree 116 held in Hanoi last week.
Under the decree, which came into effect on January 1, 2018, auto importerswere required to obtain vehicle type approval (VTA) certification fromauthorities in the exporting country.
This certification aims to ensure the origin, quality and value of the vehicleand often does not come from a state body but an authorised agency orassociation.
Dung said that after the decree came into effect, the businesses faceddifficulties as they struggled to understand its regulations.
Their difficulties were eased after the Government directed the ministries ofTransport and Industry and Trade to help explain, support and solvedifficulties for automobile importers.
“Up to now, most countries have provided VTA documents for imported cars into Vietnam.In fact, most cars imported from different markets have not yet met anydifficulties and problems,” said Dung.
To continue fine-tuning regulations on Vietnam’s automobile sector, Dung saidrelevant sectors needed to promote the supporting industries via policysuggestions, especially for large investors.
Dung asked the Ministry of Transport to collaborate with concerned ministriesand branches to continue working with automobile manufacturers, assemblers andimporters to solve difficulties for enterprises.
He also directed relevant sectors to study, revise and supplement the autochecking process for technical safety and environmental protection. Dung alsoassigned the Ministry of Finance, in collaboration with ministries and sectors,to examine the localisation rate (local part supply rate) of imported automobileproducts into Vietnam from ASEAN countries.
In 2018, Vietnam imported more than 81,600 cars at a value of 1.8 billion USD,down 16.1 percent in volume and 19.8 percent in value compared with theprevious year, according to the General Department of Customs. The decrease wassaid to be due to several barriers from Decree 116.-VNS/VNA
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The auto import is expected to recover after businesses adapt the Government’s requirements. (Photo: Soha) 
