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.
Binh Duong pledges to remove difficulties for Korean firms Business

Binh Duong pledges to remove difficulties for Korean firms

The southern province of Binh Duong will actively work to promptly remove bottlenecks for businesses from the Republic of Korea (RoK), Chairman of the provincial People’s Committee Tran Thanh Liem affirmed at a dialogue with Korean firms on July 30.
Fast AUTO Show opens in Bangkok ASEAN

Fast AUTO Show opens in Bangkok

Thailand’s car sales this year are likely to go up thanks to the improved purchasing power of many people, in line with recent better prices for agricultural products.
Vietnam confronts four economic challenges: Japanese expert World

Vietnam confronts four economic challenges: Japanese expert

Vietnam is facing four key challenges, including the risk of becoming a country that have commercial friction with the US, early non-industrialization, not being able to participate in industrialization production chain and not really grasping the automotive industry, according to a Japanese expert.
Auto industry develops but local part supply still low Business

Auto industry develops but local part supply still low

The automobile industry of Vietnam has witnessed progress in the last two years, but the localisation rate (local part supply) still remains low, not meeting the set target, according to a Ministry of Industry and Trade (MoIT) report sent to the National Assembly for discussion and direction.
RoK’s SK group to pour 1 billion USD in Vingroup Business

RoK’s SK group to pour 1 billion USD in Vingroup

SK Group, the third largest business group in the Republic of Korea (RoK), said on May 16 that it would invest 1 billion USD in Vingroup - Vietnam's leading real estate and retail conglomerate, as part of its efforts to expand presence in the Southeast Asian market.
Huge investment to touch down in Da Nang Business

Huge investment to touch down in Da Nang

The central city of Da Nang aims to accelerate economic growth from 7.68 percent to 12 percent, while more drastic measures and administrative reforms are needed to turn the city into an as a destination to investment and tourism.