Car sales affected by delay in YVQC: Volvo

Volvo, the Gothenburg-headquartered car manufacturer, said that the government’s delay in implementing the new vehicle registration system in Yangon has caused a significant impact on its sales. If the Yangon regional government can implement the new system, known as Yangon Vehicle Quota Certificate (YVQC), by June, Swedish Volvo Car Group could double its sales in […]

Yangon regional government weighing policies to control traffic

The Yangon regional government is currently weighing a car import policy for the region and will announce its decision in due course, U Myint Thaung, regional planning and finance minister, said last week. Policies including permits for individual car importing are now being discussed with Yangon’s chronic traffic problems in mind. The number of vehicles […]