Thursday, August 22, 2019 - 8:05:09

automobile manufacturers

Promotions help boost auto sales in May

Business

Promotions help boost auto sales in May

Vietnamese automobile manufacturers and distributors had a banner month in May as the sales of car experienced a strong monthly growth of 30 percent following a line-up of promotions and discount programmes.

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.

CPTPP unlikely to hit auto prices

Business

CPTPP unlikely to hit auto prices

The prices of imported automobiles in the Vietnamese market may not reduce as much as expected after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) came into effect on January 14, according to the Ministry of Industry and Trade.

Automobile market expands strongly in 2018

Business

Automobile market expands strongly in 2018

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.