Vietnam's automobile industry sold nearly 16,150 units in September, up 29% against August and 65% on the same month of last year, according to Vietnam Automobile Manufacturers' Association (VAMA).
Import tax on CBU (completely built unit) cars from Southeast Asian nations will be reduced to zero by 2018, posing a challenge for Vietnamese policy-makers and car producers, who now need to find ways to boost the domestic...
Vietnam will apply a zero tariff policy to all automobiles imported from ASEAN countries by 2018, making it easier for consumers to buy cars.
Vietnam not only covets the massive amounts of capital brought in by big foreign investors. It aims to many more things when trying to attract foreign invested mammoth projects.
Angkor EV 2013 is not worth a technology achievement at all. However, analysts believe that it deserves to be a big lesson to Vietnam on what to provide to customers.
Vietnamese policy makers and automobile manufacturers these days incur the heavy criticism from the public which is disbelief about the news that Cambodia has successfully made electric cars.
Toyota Vietnam complains that it loses thousands of dollars worth of profits from the imported two luxurious models Lexus RX 350 and ES 350 because of the unreasonable mechanism on taxable price determination.
A raft of huge state-owned enterprises will make an initial public offering in the first half of 2014, as positive signs in the market fuel confidence.
With VND600 billion (nearly $30 million) of debt, Chairman of the Xuan Kien Automobile JSC (Vinaxuki) has sent a 12-page letter to Prime Minister Nguyen Tan Dung to ask for the government's assistance to the auto industry.
At least two leading automobile manufacturers in the world have decided to cancel their development projects in Vietnam because of the weak supporting industries in the country.