The Ministry of Industry and Trade (MoIT) will implement solutions to support and promote the automobile industry projects of companies such as Truong Hai Automobile Company (Thaco), Thanh Cong Group, VinFast and others.
The Truong Hai Automobile Company (Thaco) plans to export locally manufactured buses, cars and semi-trailers as well as spare parts and accessories to the US, Canada, Thailand, Singapore and the Philippines worth 60 million USD in 2019.
As many as 152 water filters have been presented to 49 schools in Nui Thanh district, the central province of Quang Nam, under a programme that provides clean drinking water for schools.
Lao Prime Minister Thongloun Sisoulith has pledged to create favourable conditions for Vietnamese firms to continue investing in agricultural development in Laos.
Despite difficulties in the first half of 2018, the domestic automobile market saw impressive growth compared to the previous year.
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.
Besides record-breaking achievements, the automobile industry was a growth highlight of Vietnam’s economy in 2018, particularly with the introduction of a made-in-Vietnam branded car.
Only about 300 of the over 1,800 businesses working in supporting industries in Vietnam have joined production chains of multinational enterprises, a figure described by analysts as too modest.
New policies promoting development of the domestic automobile sector will create opportunities for the industrial real estate market, according to a CBRE Vietnam report released in December.
Most firms in the manufacturing and processing industry were optimistic about their production and business activities for the first quarter of 2019, according to a survey by the General Statistics Office (GSO).
Vietnam’s car sales rose by 23 percent year on year in November to 30,540 units, according to a report by the Vietnam Automobile Manufacturers’ Association.
Prime Minister Nguyen Xuan Phuc has approved the revised master plan for the development of Chu Lai Open Economic Zone in the central province of Quang Nam to 2035 with a vision to 2050.
From a barren and arid land, the Chu Lai Open Economic Zone in the central province of Quang Nam has made itself a fertile area for industrial development, according to Prime Minister Nguyen Xuan Phuc.
Coach Park Hang-seo of the Vietnam national football team on December 16 announced he will donate the 100,000 USD he was rewarded for charities activities in the host country.
In order to help boost the Vietnamese automobile industry – one of the most important contributors to national economic growth – the country could do with focusing on its policy stability, market expansion, support industry development, and connectivity reinforcement, according to insiders.
The People’s Committee of Can Tho City and the Vietnam Association of Mechanical Industry (VAMI) met recently to address the urgent need to produce agricultural machinery.
The Ministry of Industry and Trade (MoIT) wants to take advantage of market and policy opportunities to promote automobile manufacturing projects of domestic automakers including Truong Hai Auto Corporation (Thaco), Thanh Cong Group and VinFast.
The inflow of foreign direct investment (FDI) into the central province of Quang Nam has boosted the local socio-economic development during the process of industrialisation and modernisation.
