Gov’t to loosen conditions for auto imports Business

Gov’t to loosen conditions for auto imports

The Government will soon issue a revision to Decree 116/2017 on the conditions for production, assembly, import and business of automobile warranty and maintenance services, removing a number of regulations relevant to auto imports.
Auto imports in January 46 times higher than last year Business

Auto imports in January 46 times higher than last year

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.
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).
Trade deficit reaches 3.4 billion USD in seven months Business

Trade deficit reaches 3.4 billion USD in seven months

Vietnam's trade deficit was estimated to have reached 3.37 billion USD in the first seven months of 2015, 300 million USD more than 3.07 billion USD in the year’s first half, the General Statistics Office (GSO) reported on July 27 in Hanoi.