Vietnam auto industry is very close In 2018

For many people, the year 2018 is more likely to be witnessing a great turning auto industry's Vietnam.

Vietnam auto industry is being "forced" between a party's desire to grow and shrink the market by limiting consumer

To clearly see her turning over, first written for launched several scenarios assume, all landmarks is the year 2018:

-Approximately 100,000 engineers and technical workers employed in the manufacturing, assembling cars on the indirect labor under 200,000 others became unemployed;

-Dozens of factories, hundreds of lines, thousands of devices and machinery serving the manufacturing, assembling cars were patched;

-Revenues in the State budget deficit severely due to no longer the contribution of businesses to produce cars;

-Hundreds of businesses producing spare parts, auto accessories in the country fell into an awkward position from the disruption of automobile manufacturers;

-Traffic congestion, traffic accidents remains shrewdly for society as a whole;

Of course, those situations which is just assumptions. Parallel on many aspects, spent more than 5 years from now to 2018 is also not so much to be able to change completely the "future" is to guess ahead of the auto industry.

While in Vietnam, former President of the Automobile Manufacturers Association (VAMA), Mr. Akito Tachibana, have told me implies that, if not promptly adjusted the auto policy consistent with the industry in 2018, most also only 3 foreign auto maker also participated in Vietnam through the venture.

At this time, VAMA are 18 corporate members with over 60,000 employees. Plus a number of businesses are located off the VAMA and some other businesses are looking to join, according to preliminary calculations, the total workforce employed directly at the enterprise produced cars will be about 100,000. Also at this time, indirect workforce as calculated by the industry are at the level of 200,000 and almost certainly will be increased in a few more years.

There are many comments in reverse order when evaluating the future auto industry of Vietnam. In particular, many assert there is no longer enough time to restore and auto industry would go bankrupt. Also not a few comments for is either very hard, but if try and auto industry still opportunities, even can compete well in areas of Southeast Asia.

The expectation is one thing. Change to remain completely can occur in each individual, organization when tracking, analysis of impact on automobile industry, especially from the point of the policy.

When old strategies proved breath then come at this new stage of the development strategy of automobile industry has still not finished, despite knowing very clearly not much time to govern, hesitation. That as the main business auto claims, time 5-10 years is not enough to create a massive step forward, to help a "super" industry such as automobile making should the miraculous speed. All the while, just compare with many countries in the region, industry, Vietnam has also considered going after tens of years.

With the national automobile industry has not developed or are on the way to develop the market role is especially important. Before thinking of exporting, domestic market capacity must be large enough to enterprise development productivity, lower cost product.

Two dozen years ago, when the Group decided to invest in cars in Vietnam or other countries in the region, the prerequisite is that the population to Eastern, trailed by that expectation on the magnitude of the domestic market, then new to the open door policy to welcome foreign investment and many other conditions.

Few years, the total volume of the domestic auto market still only produces around 110,000 figure loanh car. There are times, an official of the Industry had to ca in regards to: "can not imagine floating approaching 20 wholly split piece of gear the car industry market 110,000 cars will grow then how".

Vietnam auto industry is being "forced" between a party's desire to develop and narrow market due to limited users.

Weak infrastructure, measures and management inefficiencies leading to congestion and accidents, traffic accidents became increasingly serious. Cars were considered principal object triggers the reality there. Therefore, advocates limiting consumer cars are being executed.

And that is, a series of tax and charge high levels are at the same time by siege the cars making the market not only development but also no lag. Try to imagine the car and its owner will "spur" to how to arrive at the same time when taxes and charges, 12 in the case of three types of fees are applied.

However, the reality is not so important if not placed in the context of international integration. And this is also the reason why I took the number 2018 as the article title.

In 2018, automobile import tax rates originating from ASEAN regional countries will on 0% instead of the rate from 72-82%.

Currently, we are still familiar with the import of cars from America, Europe, the Middle East or Japan, Korea. So why automobile imports from ASEAN so important to push the domestic auto industry to advance the risk of disruption?

In 2018, auto import tax rates from the market beyond the resources of ASEAN + remained quite high due to the route c

post by admin