Vietnam’s 2020 Truck Import Tax: A Boon for Businesses?

Anh Minh, a small trucking business owner in Hanoi’s Long Bien District, is concerned about his aging fleet. He wants to upgrade to a new, higher-capacity Hino truck to meet growing demand. However, import taxes keep the price of imported trucks high. What’s notable about the 2020 auto import tax policy? Will it help Anh Minh and other business owners afford their dream trucks?

Decoding Vietnam’s 2020 Auto Import Tax Policy

Overview of Auto Import Taxes

In 2020, Vietnam’s truck market saw significant changes in tax policy. Auto import taxes are a key factor directly affecting vehicle prices.

Economist Nguyen Van A (Source: Vietnam Economic Times), states: “Adjusting auto import taxes aims to encourage domestic production while enabling consumers to access high-quality products.”

2020 Auto Import Tax Schedule

Note: This table is for reference only and applies to passenger vehicles with fewer than 9 seats. For detailed information on truck import taxes, consult the Ministry of Finance’s website or contact reputable truck dealers like XE TẢI HÀ NỘI.

Advantages of Buying Trucks at XE TẢI HÀ NỘI

Best Price Guarantee

Committed to accompanying customers on every journey, XE TẢI HÀ NỘI offers quality trucks at the most competitive prices.

Flexible Financing Options

Understanding the challenges of purchasing a truck, XE TẢI HÀ NỘI provides financing of up to 80% of the vehicle’s value with preferential interest rates. Simple and fast procedures make owning your desired truck easier.

Dedicated After-Sales Service

Beyond providing products, XE TẢI HÀ NỘI offers attentive after-sales service. Experienced technicians are ready to assist you anytime, anywhere.

Frequently Asked Questions about 2020 Auto Import Taxes

1. How do auto import taxes affect vehicle prices?

Answer: Import taxes are a component of the selling price. When import taxes decrease, vehicle prices decrease, and vice versa.

2. Should I buy an imported truck in 2020?

Answer: Whether to buy an imported or domestically assembled truck depends on individual needs, financial capabilities, and preferences. However, with the 0% import tax from ASEAN, imported trucks are an attractive option.

3. How can I get the latest information on auto import taxes?

Answer: You can visit the Ministry of Finance’s website or contact XE TẢI HÀ NỘI directly for detailed advice.

XE TẢI HÀ NỘI – Your Trusted Truck Partner

With showrooms across Hanoi’s districts, including Cau Giay, Long Bien, and Ha Dong, XE TẢI HÀ NỘI is a trusted destination for truck buyers.

XE TẢI HÀ NỘI also offers a wide range of truck brands, including:

• Hyundai Trucks
• Isuzu Trucks
• Dongfeng Trucks

Contact XE TẢI HÀ NỘI for consultation and the best quotes!

Conclusion

The 2020 auto import tax policy has spurred growth in Vietnam’s truck market. We hope this article provided valuable information. For any questions, leave a comment below or contact XE TẢI HÀ NỘI directly.

Hino truck

Anh Minh receiving a truck

See also:

• 5-seater car inspection deadlines
• Buying used cars with installments in Hanoi