Honda Vietnam will continue to be the official sponsor of Vietnam’s national football teams after signing a contract with the Vietnam Football Federation (VFF) in Hanoi on April 24.
The northern province of Vinh Phuc has exerted various efforts towards international integration, attracting many foreign investors with high technology and helping to boost its socio-economic development.
The Vietnamese electric motorbike market is seeing the participation of more and more domestic and foreign manufacturers.
Sales of imported automobiles recorded a year-on-year leap of 234 percent to about 32,000 vehicles in the first quarter of this year, announced the Vietnam Automobile Manufacturer Association (VAMA) on April 10.
Automobile sales in February declined 61 percent from the previous month, the sharpest month-on-month fall ever.
Japanese motorcycle manufacturer Honda Motor Co has forecast that its sales in the Thai market will fall in 2019 due to a drop in the prices of agricultural products.
Vietnam imported nearly 11,700 cars worth more than 273 million USD in the first month of 2019, marking the fifth consecutive month with a volume of at least 10,000 units, according to statistics from the General Department of Vietnam Customs.
The Ministry of Finance has asked the Government to amend its laws to eliminate the special consumption tax on locally manufactured auto parts and components, a move which could reduce prices of locally assembled cars.
Vinalines Logistics Vietnam Joint Stock Company (Vinalines Logistics) will improve logistics services and expand operational network in a bid to realise its target of attaining at least 10 percent in profit growth.
Honda Motor Co. will soon start testing its new PCX Electric scooters on Romblon Island in the Philippines amid the shift in consumer preference for carbon-free products, Kyodo News reported.
Vietnam will remain an attractive investment destination in 2019, though impacts of the US-China trade tension that triggered a downturn in global stock markets in 2018 will not end soon, said Managing Director and Chief Investment Officer of VinaCapital Andy Ho.
The Vietnamese motorcycle market in 2018 broke its sales record set seven years ago with nearly 3.4 million units sold for a year-on-year increase of 3.5 percent.
The Traffic Police Department under the Ministry of Public Security and Honda Vietnam will join hands in implementing traffic safety activities for the 2019-2021 period under a cooperation programme signed on January 21.
Despite difficulties in the first half of 2018, the domestic automobile market saw impressive growth compared to the previous year.
Prime Minister Nguyen Xuan Phuc has affirmed that the Vietnamese Government will continue to always create favourable conditions for foreign firms to do business in Vietnam, including those from Japan.
Despite difficulties in the first half of 2018, the domestic automobile market saw impressive growth compared to the previous year with nearly 290,000 vehicles sold during the year, an annual rise of 5.8 percent.
Motorcycle sales in 2018 broke the record set seven years ago (3.3 million) with nearly 3.4 million vehicles sold in the domestic market during the year.
Transport Minister Nguyen Van The visited a unit of the traffic police in Hanoi on December 24 to inspect their implementation of a communications programme to improve helmet safety amongst children.
