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Economy

Vietnam braces for zero import duties on vehicles made in ASEAN

Auto industry profits being squeezed by efforts to protect market share

Japanese marques, including Suzuki, dominated the Vietnam Motor Show 2017.

HO CHI MINH CITY -- Automakers and dealers in Vietnam have been struggling for buyers and profitability in the first half of 2017, offering big discounts and promotions before tariffs on cars made within the Association of Southeast Asian Nations disappear next year.

At the Vietnam Motor Show 2017 in the first week of August, most of the vehicles showcased by the Vietnam Automobile Manufacturers Association were Japanese. Fuel-savers and inexpensive compacts stole the four-day show, now in its 12th year.

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