From October 01: Repeal the regulations on localization rates of automobiles

On August 10, 2022, the Ministry of Science and Technology issues Circular No. 11/2022/TT-BKHCN on repealing a number of legal normative documents defining methods of determination of localization rates of automobiles.

Accordingly, the Ministry of Science and Technology repeals the following legal normative documents:

- Decision No. 28/2004/QD-BKHCN dated October 01, 2004, defining methods of determination of localization rates of automobiles;

- Decision No. 05/2005/QD-BKHCN dated May 11, 2005, on amending and supplementing the Decision No. 28/2004/QD-BKHCN dated October 01, 2004, defining methods of determination of localization rates of automobiles;

- Circular No. 05/2012/TT-BKHCN dated March 12, 2012, on amending and supplementing Article 1 of Decision No. 05/2005/QD-BKHCN dated May 11, 2005, on amending and supplementing Decision No. 28/2004/QD-BKHCN dated October 01, 2004, defining methods of determination of localization rates of automobiles.

Localization rates of automobiles
From October 01: Repeal the regulations on localization rates of automobiles (Illustration)

This Circular takes effect on October 01, 2022.

The above legal normative documents are issued by the Ministry of Science and Technology with the aim to implement the “Strategy of automobiles development to 2010, with the vision to 2020” of the Prime Minister. 

After nearly 20 years of implementation, these regulations have been officially repealed to satisfy practical needs and general regional and international standards.

According to experts, this action is considered to be suitable with the development and changes in production and technology proceedings of automobile assembly in Vietnam and in the world.

1900 6192 để được giải đáp qua tổng đài
090 222 9061 để sử dụng dịch vụ Luật sư tư vấn (CÓ PHÍ)
Đánh giá bài viết:

Tin cùng chuyên mục

Strategy to help enhance Vietnam’s prestige, appeal on international arena

Strategy to help enhance Vietnam’s prestige, appeal on international arena

Strategy to help enhance Vietnam’s prestige, appeal on international arena

The target is set out in the Government’s strategy to promote Vietnam’s global image for the 2026–2030 period, with a vision to 2045, approved by the Prime Minister on January 27. The strategy underlines that promoting Vietnam's image abroad is not merely information activities, but a strategic "soft" tool serving the country's development.

List of special-purpose machinery serving agricultural production to 5% VAT from December 31, 2025

List of special-purpose machinery serving agricultural production to 5% VAT from December 31, 2025

List of special-purpose machinery serving agricultural production to 5% VAT from December 31, 2025

The Minister of Agriculture and Environment has promulgated Circular No. 101/2025/TT-BNNMT on providing guidance on other special-purpose machinery serving agricultural production not yet specified in Clause 6, Article 19 of the Government’s Decree No. 181/2025/ND-CP dated July 01, 2025, detailing a number of articles of the Law on Value-Added Tax.

English translation of the 2025 Law on Tax Administration is newly published

English translation of the 2025 Law on Tax Administration is newly published

English translation of the 2025 Law on Tax Administration is newly published

The Law on Tax Administration No. 108/2025/QH15 was passed to promote digital transformation, simplify administrative procedures, and enhance transparency in Vietnam's tax administration. The Law shall take effect from July 01, 2026 (specifically, several regulations on business households shall take effect earlier from January 01, 2026).

Law on Science, Technology and Innovation helps drive fast, sustainable development

Law on Science, Technology and Innovation helps drive fast, sustainable development

Law on Science, Technology and Innovation helps drive fast, sustainable development

As the global economy transitions towards a knowledge-based model, science, technology and innovation have become decisive engines of national growth. In Vietnam, the 2025 Law on Science, Technology and Innovation is widely viewed as a strategic institutional framework for improving national competitiveness while raising the country’s position in global value chains.