Vietnam to issue decree on automobile trading conditions
(VOVWORLD) -The Ministry of Industry and Trade will issue a decree on automobile manufacturing, trading, and maintenance. The decree sets basic conditions for enterprises to take responsibility for their products, users, and the environment.
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It will help ensure a fair and healthy environment for competition and support local enterprises to invest in long-term production plans, increase localization ratios, and head for export.
Deputy Minister of Industry and Trade Do Thang Hai said: “The decree directly impacts the interests of production, export and import companies. It also specifies the operation of maintenance centers. It protects the rights of consumers as well as domestic producers and manufacturers, both Vietnamese and foreign-invested companies in Vietnam.”
The decree has received approval from cabinet members and will be signed by the Prime Minister.