President praises Korean firms' profound business operations
President Nguyen Xuan Phuc December 5 meets top-rank executives of Korean conglomerates during his official 3-day visit to the country.
14:01, 2021/01/28Domestic automakers expected to enjoy excise tax payment extension
The local automobile industry would continue to face severe impacts from the Covid-19 pandemic as demands for cars are expected to stay low for the foreseeable future.
21:11, 2021/11/21Transport firms seek simplified procedures to access relief package
Almost two years since the first Covid-19 outbreak, the transportation sector remains among the hardest hit by the pandemic.
20:42, 2021/42/04Vietnam to maintain tax incentives for domestic cars beyond 2022
Car manufacturers are planning to shift production chains elsewhere to Vietnam in case such tax incentives are extended.
15:12, 2021/12/29Lao group partners with VinFast to distribute cars
The Vietnamese automaker wants to engage Lao consumers through a local group.
22:02, 2021/02/19Toyota supports Vietnam manufacturing auto parts
The formation of local supply chains remains core for Vietnam’s sustainable industrial sector in the future, said a local senior official.
16:57, 2021/57/05Vietnam car imports surge 70% in March
The number of imported cars in March are nearly the combined figure in the first two months of the year.
03:55, 2021/55/13Vietnam automobile industry on recovery path despite Covid-19
Vietnam’s rising income per capita would soon move cars from a luxury product with a passenger vehicle density of 34 per 1,000 to a more ordinary one with a density level comparable to countries in the region.
21:33, 2021/33/30Vietnam car market stays quiet ahead of Tet festival
The low sale volume was due to difficult economic conditions that forced customers to tighten spending.
06:13, 2020/13/28Uncertainties to cast shadow on Vietnam car market in 2021
The outlook of the car market for next year remains dim following a turbulent year in 2020.