MOIT proposes tighter import controls on non-commercial cars as gifts

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HCMC — The Ministry of Industry and Trade has proposed stricter rules on non-commercial car imports to prevent abuse of tax-exempt policies.
The proposal, submitted to the prime minister, aims to regulate vehicles brought into the country as gifts, donations, or personal belongings. The ministry said some individuals and organizations have used these channels to avoid commercial import rules and resell vehicles, violating Government Decree 116 on car import and business conditions. Under the draft, only vehicles of approved types and brands under Decree 116 would be allowed, and imports must be handled by licensed firms. Used cars would face additional requirements under foreign trade regulations. The rules would apply to non-commercial vehicles allowed for public road use. Cars for research, internal use, repair, or display would be excluded. Importers would need to provide documents proving the vehicle's origin, along with power of attorney for authorized importers. The Ministry of Industry and Trade would publish a list of eligible firms. The Ministry of Construction would certify maintenance facilities. Customs clearance would follow approval of all documents. Firms must report import details, including quantity, brand, and value, to the Ministry of Industry and Trade within 15 days of completing each shipment.

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Vietnam, Algeria eye stronger trade in farm produce

Vietnam, Algeria eye stronger trade in farm produce

Trade June 12, 2026

HCMC – Vietnam and Algeria are seeking to strengthen direct business links to expand trade in agricultural products and reduce intermediary costs, Vietnamese Ambassador to Algeria Tran Quoc Khanh told businesses and officials in Algeria's Skikda Province.