The Mitsubishi Triton Athlete was imported to Vietnam from the beginning of March 2018, along with other models such as Honda CR-V, Civic, Accord, Jazz, Volkswagen Tiguan, and Beetle. However, will the 2018 Triton pickup truck price really drop sharply when the import tax is reduced to 0%? This article will analyze this issue.
Imported Cars Congested at Ports, Not Yet Available to Consumers
Although they have arrived at ports, imported car models, including the Triton Athlete, have only been temporarily released from the port for storage at businesses and are not yet available to consumers. The main reason is the completion of the Ministry of Transport’s requirements for emission testing, safety standards, and type approval (tires/mirrors/lights/glass) which are still facing many obstacles.
Honda cars congested at the port
Decree 116 and Circular 03: Barriers to the 2018 Triton Pickup Truck Price?
Decree 116/2017/ND-CP and Circular 03/2018/TT-BGTVT, which stipulate new conditions for importing cars and took effect from March 1, 2018, have caused many difficulties for businesses. The main issues relate to the Vehicle Type Approval Certificate, inspection of imported cars on a per-batch basis, and the requirement for an 800m test track.
Some brands meet the requirements of Decree 116
The Ministry of Transport has proposed 2 options to remove obstacles:
- Option 1: Amend Decree 116 and Circular 03 to remove the type approval certificate procedure, amend the inspection method on a per-batch basis, and amend the 800m test track regulation.
- Option 2: Continue to implement Decree 116 and Circular 03, and if there are any obstacles or inadequacies, amend and supplement them.
However, the amendment needs to be carefully considered to avoid creating loopholes for import businesses to circumvent the law, affecting car quality and consumer rights.
Chevrolet Colorado pickup truck
2018 Triton Pickup Truck Price: Expected to Decrease but Uncertain
Although the import tax on cars from ASEAN is 0%, the price of the 2018 Triton pickup truck may not decrease as much as expected due to obstacles in Decree 116 and Circular 03. Amending and supplementing these regulations will directly determine the final selling price of the 2018 Triton.
Car prices
Conclusion
The reduction in import tax is a basis for the price of the 2018 Triton pickup truck to decrease. However, with the current obstacles, consumers need to wait for further actions from the Government and the Ministry of Transport to have a clearer view of car prices in the near future.