Automobile sector accelerates economy in 2018 Videos

Automobile sector accelerates economy in 2018

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.
Retail sales, services earn 172 billion USD in 11 months Business

Retail sales, services earn 172 billion USD in 11 months

Vietnam’s total revenue from retail sales and services has continued to grow strongly, reaching 4 quadrillion VND (172 billion USD) in the first 11 months of this year, a year-on-year increase of 11.5 percent, according to the Statistics Office of Vietnam.
Vietnam’s auto industry in need of a kick start Business

Vietnam’s auto industry in need of a kick start

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.
Domestic supply makes automobile industry more competitive Business

Domestic supply makes automobile industry more competitive

Vietnamese automobile firms can gain a competitive edge over their rivals in ASEAN if the domestic supporting industry uses more locally-produced parts, heard a conference recently held in Hanoi by the Central Institute for Economic Management (CIEM).
12-year jail sentence upheld for Dinh Ngoc He Society

12-year jail sentence upheld for Dinh Ngoc He

The Central Military Court upheld a 10-year imprisonment sentence for Dinh Ngoc He – also known as “Ut troc”, former Deputy General Director of Thai Son Corporation – for “abusing position and power while performing official duties”, and another two years for “using falsified documents of agencies and organisations”, as heard at a court of appeals on November 1.
Prison sentences pronounced on rioters in Binh Thuan Society

Prison sentences pronounced on rioters in Binh Thuan

The People’s Court of Phan Thiet city in the central province of Binh Thuan handed down prison sentences of between 2-3.5 years on 30 defendants for their disturbance of public order at the provincial People’s Committee headquarters in June, at the first instance-trial on October 31.
Auto support industry needs to take initiative Business

Auto support industry needs to take initiative

The domestic automobile parts industry has failed to reach the set target despite support from the Government, said Nguyen Thi Tue Anh, deputy director of the Central Institute for Economic Management (CIEM).