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Maroc Maroc - WN.COM - Environment - 23/Jan 02:43

Key forces shaping car prices in 2026

Taken together, tax policies, international trade dynamics and competitive pressures suggest that 2026 is likely to be a turning point for declining car prices in Việt Nam. HÀ NỘI — Việt Nam’s car market is entering a pivotal transition period, as multiple factors related to policy, trade and competition converge simultaneously. Three key drivers are expected to directly push car prices down sharply this year: new tax policies for hybrid vehicles, the roadmap for cutting import tariffs on cars from Europe and intensifying competitive pressure from Chinese car brands. The first and most direct factor affecting car prices from 2026 is the amended Special Consumption Tax (SCT) Law, which...

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