Hanoi (VNA)- The Ministry of Industry and Trade (MoIT) has decided to abolish a number ofproc🐟edures for importers of cars w🌟ith nine seats or less.
The processes listed in the ministry’s Circular No 20/2011/TT-BTC, which tookeffect on June 26, 2011, are believed to have discouraged many car importers.
Under the MoIT’s revised circular issued on March 9, auto importers will beallowed to import cars with nine seats or less without having to authorise carmanufacturers or dealers as their distributors in Vietnam.
Importers will also not have to obtain certificates from the transport ministryproving that they are adequately qualified to do car guarantees andmaintenance.
The revision is seen as a positive move by the MoIT as the old regulations weresaid to give preferential treatment to large-scale companies.
Earlier, when Circular No 20 was in effect, there were disagreements about itsefficacy between the MoIT and other ministries and sectors, including theVietnam Chamber of Commerce and Industry, Vietnam Automobile ManufacturersAssociation and Vietnam Association of Mechanical Industry.
Many experts argued that the circular was leading to business inequality, whichis against the country’s larger efforts to create a better businessenvironment. However, the MoIT had said that the circular was aimed at dealingwith global carmakers who were frequently recalling vehicles because ofmanufacturing defects from around the world, but not from Vietnam.
The circular also forced domestic distributors and representative carmanufacturers to take responsibility for imported vehicles, the MoIT said. Thiswas necessary to protect consumer interest and ensure road safety.-VꦍNA
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Illustrative image (Source: VNA) 
