![Vietnam plans to drop taxes on auto parts in a last-ditch effort to save domestic manufacturers, which are bracing for a deluge of foreign cars on the country's motorbike-covered streets next year.](https://i0.wp.com/www.duongbusinessconsulting.com/wp-content/uploads/2017/11/Aerial-View-Traffic-Hanoi-.png?resize=460%2C325&ssl=1)
Motorbike-Mad Vietnam Plans Tariff Cuts as Car Influx Looms
• Finance Ministry to align rates with WTO commitments, allowing tariffs of zero to 30 percent • Could cut average tariffs in half on materials companies import to assemble vehicles Vietnam plans to drop taxes on auto...