JAKARTA: Already facing sluggish demand at home, Indonesia’s four-wheel car manufacturers now face a bleak export future due to a new regulation issued by Vietnam designed to protect its own developing automotive industry.
The new regulation stipulates that traders are only permitted to import automobiles if they can provide valid vehicle registration certificates issued by authorities from the countries of origin.
Original quality control certificates for each vehicle and letters of authorization regarding recalls of defective vehicles from the manufacturers are also required, along with copies of quality assurance certificates provided by the countries of origin.
The regulation also requires importers to have one car from each batch shipped to Vietnam to go through emissions and safety tests.
Under the previous regulation, only one certificate was required for each model of car, regardless of how many batches were imported.