Business

CBU car imports rise

Imports of completely built-up (CBU) cars in the January-July period have picked up 78.4 percent year-on-year to 667 million USD, a local newspaper reported.
World

Used Japanese cars dominate Myanmar market

Old Japanese cars have overwhelmed the Myanmar auto market due to its Government’s tax reduction policies and relaxed regulations on used cars, according to Kyodo News.
Auto export: New opportunities for local manufacturers Business

Auto export: New opportunities for local manufacturers

VinaMazda, a unit of Thaco group, will export its locally-assembled automobiles to Laos on July 14, kick-starting its ambitious plan to penetrate into other Southeast Asian markets with its assembled Mazda brand in the near future.
Peugeot announces its return to Vietnam Business

Peugeot announces its return to Vietnam

The French automaker Peugeot announced on April 8 that it is returning to Vietnam with the creation of a distribution network and local production of its model 408 along with a Vietnamese partner, Thaco Group.