Gov’t considers extending tax incentives for automakers
Extending tax incentives for domestic manufacturers is vital to help locally-produced cars compete with those imported from abroad.
10:25, 2021/05/10
Lack of semiconductor chip to affect car sales
The global vaccination led to a positive economic outlook, resulting in faster and stronger demand for car.
09:32, 2021/04/15
Vietnam car sales surge 127% in March
Domestic travel resumed in a number of provinces/cities as a result of the country’s effective Covid-19 containment is a major boost for sales figure.
08:30, 2021/02/19
Vietnam leading car dealers struggle with Covid-19 impacts
While car prices in 2020 were significantly lower compared to the pre-Covid-19 period, customers had become more cautious in spending, leading to an 8% year-on-year drop in car sales to 296,634 units.
17:50, 2021/01/19
Car sales in Vietnam surge 45% in 2020 final month
Car sales in Vietnam in 2020 dropped 8% year-on-year to 296,634 units across all segments.
20:46, 2021/01/12
New regulations to change Vietnam automobile industry in 2021
Cars in Vietnam since 2021 are subject to new regulations such as registration fee, import tariff, and higher emission standards.
20:11, 2020/11/16
Vietnam gov’t eyes further preferential policies to support automobile industry
Existing incentive policies are not attractive enough to encourage local enterprises to further invest in the automobile industry.
14:22, 2020/05/20
Vietnam slashes registration fee by half to rev up domestic car sales
The decision, set to valid until the end of 2020, would help customers save thousands of dollars.
12:36, 2020/05/09
Localization rate in Vietnam’s car industry remains low compared to regional peers
The main issues of the local automobile industry lie in the inability to master core technologies such as engine production, the control and transmission systems.
11:03, 2020/02/24
Vietnam, S.Korea strive to boost bilateral trade to US$100-billion in 2020
Vietnam remains South Korea’s major partner, and would certainly play a key role in the supply chain of South Korean companies, said South Korean official.