World
Indonesia becomes investment destination for auto industry
With the target of manufacturing 2.5 million units of automobile by 2020, Indonesia has become an attractive investment destination for the automotive industry.
World
World
Business
Development gap hinders linkages in APEC auto industry
A big development gap between APEC member economies is hindering the region’s auto industry from transferring technology and promoting linkages, said a Vietnamese official.
Politics
SOM 2 and related meetings enter second working day
The second APEC Senior Officials Meeting (SOM 2) and related meetings continue the agenda with an array of meetings and workshops in Hanoi on May 10.
Sci-Tech
FPT Software to earn 200 million USD from auto-tech solutions
FPT Software expects to earn 200 million USD through the sale of automotive technology solutions and employ 8,000 people by 2020, the company said.
World
Indonesia on road to become ASEAN’s automotive hub
Indonesia has the opportunity to replace Thailand as the automotive production hub in ASEAN, Indonesian news agency Antara quoted Ipsos Business Consulting Firm as saying.
World
Thailand wants to become eco-friendly car production hub
Thai Prime Minister Prayut Chan-ocha on March 7 instructed the Ministry of Industry to be responsible for developing a plan to promote investment in the automotive industry.
Business
Sime Darby sets up Vietnamese subsidiary
Malaysian Sime Darby Bhd, seller of 30 different brands of vehicles across Asia, recently established a unit in Vietnam to retail cars and spares.
Business
Motor Show showcases 150 models
The country's largest auto exhibition, Vietnam Motor Show 2015, opened on October 28 in HCM City with 18 top automotive brands and a record 150 models.
Business
HCM City opens huge factory building
An eight-storey factory built at a cost of 100 billion VND (4.5 million USD) at the Tan Thuan Export Processing Zone in HCM City was inaugurated on October 13.
World
TPP talks in Atlanta prolonged for remaining divergences
Trade ministers from Trans-Pacific Partnership (TPP) member countries attending the round of talks in Atlanta, Georgia, the US have decided to extend their negotiations to October 5 (US time).
World
TPP talks in Atlanta make progress
Trade ministers from Trans-Pacific Partnership (TPP) member countries reached consensus on a number of issues after their first day of sitting in Atlanta, Georgia, the US on October 1 (Hanoi time).
Business
Suitable incentives needed for automotive support industry
Suitable incentives are essential to enhance the competitiveness of
enterprises in the support industry to develop the domestic automotive
sector, according to Chairman of the Vietnam Federation of Civil
Engineering Association Do Huu Hao.
