Vietnam National Assembly to grant special consumption tax reduction on BEVs from March 2022 to February 2027

Announced on January 11, 2022, in Vietnam, the special consumption tax on BEVs with 9 seats or less will be reduced to only 3% starting from March 1, 2022 to February 28, 2027, according to the National Assembly.
Meanwhile, BEVs with 10 to under 16 seats will be subject to the excise tax rate of 2%. BEVs with 16 to u....

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