Tuesday, March 26, 2019 - 8:53:22

CBU

Foreign goods puts pressure on domestic businesses

Business

Foreign goods puts pressure on domestic businesses

The adoption of a zero percent tariff from January 2018 among member countries of the Association of Southeast Asian Nations (ASEAN) will create opportunities for Vietnamese businesses to seek markets in the region, but competition in the domestic market will also become fiercer with the flood of imports from ASEAN region.

Car imports up in November

Business

Car imports up in November

Vietnamese businesses spent some 200 million USD importing 7,000 completely built-up units (CBUs) in November, according to an estimate of the General Statistics Office (GSO).

Thaco rolls out new model of Mazda CX-5

Business

Thaco rolls out new model of Mazda CX-5

Truong Hai Automobile Joint-Stock Company (Thaco) launched its new Crossover Utility Vehicle (CUV) Model, the Mazda New CX-5, at Chu Lai-Truong Hai Industrial Complex in Nui Thanh district, the central coastal province of Quang Nam on November 18.

Automobile sales decrease in June

Business

Automobile sales decrease in June

Vietnam’s automobile sales in June totaled 24,421 units, dropping six percent against the previous month, announced the Vietnam Automobile Manufacturers’ Association (VAMA) on July 8.

Auto imports from India surge

Business

Auto imports from India surge

The import of completely built-up (CBU) autos from India in May jumped more than 20 times from February to over 3,500 units with an average price of only 112 million VND (4,870 USD).

Over 26,000 cars sold in May

Business

Over 26,000 cars sold in May

Vietnam’s automobile sales in May totaled 26,028, increasing just one percent from April but 45 percent from the same period last year, released the Vietnam Automobile Manufacturers’ Association.