Toyota Vietnam reports US$64 million in auto parts exportsToyota Vietnam reported US$64 million in auto parts exports last year, up 5% compared to 2016. The company invested US$15 million in Vietnam last year, taking the total investment to US$195 million. Toyota Vietnam last year paid more than US$1 billion in taxes, including value-added tax, special consumption tax, income tax and import tax. Specifically, the ministry will review 345 business investment conditions to abolish and amend 118 conditions accounting for 34 percent. As other foreign investors want to buy a stake between 25 and 35 per cent, the total shares investors have registered to buy exceed the number to be sold, the CEO added.

Source: VietNamNet News January 15, 2018 09:11 UTC