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The 50% registration fee reduction scheme, previously proposed by the Government for cars made and assembled in Vietnam, should apply to imported vehicles as well, according to the Vehicles Importers Vietnam Association (VIVA).
Vietnamese businesses are increasingly interested in the South African market and want to explore investment opportunities to take advantage of the free trade agreements that South Africa has signed with major markets.
Foreign capital inflows fell whereas disbursed capital rose in the first 10 months of 2022, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.