Minister of Industry and Trade Tran Tuan Anh (L) and Belarusian Ambassador to Vietnam Vladimir Goshin at the signing ceremony (Photo: VNA) Hanoi (VNA) – Vietnam and Belarus have reached consensus on measures to remove bottlenecks for the joint venture MAZ Asia on manufacturing and assembling trucks and specific-use vehicles in the context of complicated development of COVID-19, under their amended protocol signed in Hanoi on December 3. The protocol was inked between Minister of Industry and Trade Tran Tuan Anh and Belarusian Ambassador to Vietnam Vladimir Goshin. Both sides were unanimous to adjust the localisation rate to facilitate the joint venture’s manufacturing and assembling activities, making them on par with Vietnam’s automobile industry development strategy by 2025 with a vision to 2035. Besides, the amended protocol details regulations on product origin, and allocation process for tariff rate quotas. Following the free trade deal between Vietnam and the Eurasian Economic Union (EAEU) clinched in 2015, the signing of the protocol in March 2016 created an important framework for cooperative automobile projects between Vietnam and Belarus – a member of the EAEU. MAZ Asia was established in Hung Yen province under the protocol. At the signing ceremony, Minister of Industry and… Read full this story
- Maharashtra assembly proposes hike in motor vehicles tax
- Now, pay motor vehicle tax online: Haryana transport dept
- TDP leader held for illegal registration and sale of motor vehicles
- Kamrup Metropolitan DTO, 3 others suspended for motor vehicle tax irregularities
- Rates of motor vehicle tax to be rationalised in Haryana
- Export turnover of Vietnam's main agricultural products down significantly
- World Bank member invests $10 million in Endiya Fund II to support product start-ups
- Vietnam, Denmark deal with diabetes together
- Vietnam lauds Canada’s support to ASEAN in COVID-19 fight
- CIVAAN opposes government move to scrap 15 year old private vehicles
Vietnam, Belarus cooperate to support production of motor vehicles have 306 words, post on en.vietnamplus.vn at December 4, 2020. This is cached page on VietNam Breaking News. If you want remove this page, please contact us.
