Car sales up in April Business

Car sales up in April

April was a positive month for Vietnam’s auto sales, though carmakers have claimed difficulties conducting business in the country's unstable and undeveloped automobile industry.
Auto industry faces risk of collapse Business

Auto industry faces risk of collapse

The domestic automobile industry faces the risk of collapse, with both consumers and manufacturers shifting to imports, according to the Tuoi tre (Youth) newspaper.
Business

Automakers report surging demand

Automakers in the country are running their factories at full capacity to meet surging demand, which is in stark contrast to sombre forecasts made earlier this year, the Saigon Times Daily reported.
Business

Automobile sales continues to grow

The latest sales figures confirm that despite lingering market difficulties, sales of domestic automakers continue to grow with Toyota, Thaco and Ford outperforming foreign manufacturers in recent months, radio The Voice of Vietnam reported.
Car sales surge in February Business

Car sales surge in February

The sales of domestically assembled cars in February jumped 72 percent from the same period last year, according to the Vietnam Automobile Manufacturers Association (VAMA).
Business

Automobile industry needs strategic focus: magazine

In any angle of product, sedan seems to be the apparent face of the Vietnamese automobile industry, said an article published on the Vietnam Business Forum - a weekly magazine of the Vietnam Chamber of Commerce and Industry.
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.
Policies needed to revitalise automobile industry Business

Policies needed to revitalise automobile industry

Vietnam needs a range of sound policies to develop the automobile sector in the face of fierce competition with foreign rivals as the import tariff will slump to zero percent once the country joins the ASEAN Free Trade Area by 2018.
World

Malaysia woos foreign automakers with new incentive

The Malaysian government announced on January 20 that it will enable foreign automakers to build small energy-efficient passenger cars in the country with its revised National Automotive Policy (NAP).
Carmakers expect high sales near Tet Business

Carmakers expect high sales near Tet

The auto market moved against the normal trend, declining in November after strong growth in the previous month, but automakers are still expecting better sales in the months before the Tet holiday, reports the Saigon Times daily.
Auto registration fees to surge Business

Auto registration fees to surge

The registration fee for passenger vehicles with fewer than nine seats will be increased in Hanoi and HCM City early next year from 15 percent to 20 percent of the vehicle's purchase price, under an expected decision from the Ministry of Finance.