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.
MoIT drops ball on draft car recall decree Business

MoIT drops ball on draft car recall decree

A draft decree on auto manufacturing, assembling, importing, and maintenance and warranty business recently publicised by the Ministry of Industry and Trade (MoIT) is concerning industry insiders.
Sale of CBU cars up 114 percent in March Business

Sale of CBU cars up 114 percent in March

Sales of completely – built units (CBUs) increased 114 percent to reach 8,484 in March, according to the latest data released by Vietnam Automobile Manufacturer’s Association (VAMA).
MoIT pursues dream of auto industry Business

MoIT pursues dream of auto industry

The Ministry of Industry and Trade (MoIT) will continue pursuing the dream of a real auto industry in Vietnam despite the failure of 20 years of efforts towards this goal.
Government mulls safeguards to protect domestic carmakers Business

Government mulls safeguards to protect domestic carmakers

Deputy Prime Minister Trinh Dinh Dung has asked the Ministry of Industry and Trade (MoIT) and relevant agencies to study the possibility of applying safeguards to protect the domestic automobile manufacturing industry from looming zero-tariff car imports.
Insiders blame Ghost Month for car sales drop Business

Insiders blame Ghost Month for car sales drop

Car sales in Vietnam last August fell 17 percent from the previous month to 23,540 units, attributable to consumers’ unwillingness to do big business like car purchases in the “Ghost Month”.