Taken together, tax policies, international trade dynamics and competitive pressures suggest that 2026 is likely to be a turning point for declining car prices in Việt Nam.
Cars in Viet Nam are not coming cheap as their prices are twice as high as those in Thailand and Indonesia, and even way higher than in developed countries like Japan and the US.
The Finance Ministry on Wednesday issued an order
amending the vehicle import tariff, in keeping with Viet Nam''s
commitment to the World Trade Organisation (WTO) on tax reduction.