Vietnam's Ministry denies Vingroup’s request to exclude local parts from EV tax base
Reported on November 11, 2025, Vietnam’s Ministry of Finance has turned down Vingroup’s bid for a special tax break that would let EV makers subtract the value of local parts when calculating the special consumption tax (SCT).
The ministry said the idea conflicts with Vietnam’s trade obligations and would disrupt fa
AI Navigator




Japan
USA
Mexico
Germany
China (Shanghai)
Thailand
India