Vietnam’s auto sales set to miss target Business

Vietnam’s auto sales set to miss target

With a continuous year-on-year decline in sales this year, the domestic auto industry is unlikely to achieve the 10 percent growth predicted by the Vietnam Automobile Manufacturers’ Association.
Vietnam’s auto industry still very small: working group Business

Vietnam’s auto industry still very small: working group

The auto industry in Vietnam is still very small, which is the reason why global auto component suppliers have not made their full presence in the market, the Automotive Working Group (AWG) said at the 2017 Vietnam Business Forum in Hanoi on June 27.
MoIT pursues dream of auto industry Business

MoIT pursues dream of auto industry

The Ministry of Industry and Trade (MoIT) will continue pursuing the dream of a real auto industry in Vietnam despite the failure of 20 years of efforts towards this goal.
Government mulls safeguards to protect domestic carmakers Business

Government mulls safeguards to protect domestic carmakers

Deputy Prime Minister Trinh Dinh Dung has asked the Ministry of Industry and Trade (MoIT) and relevant agencies to study the possibility of applying safeguards to protect the domestic automobile manufacturing industry from looming zero-tariff car imports.
Bumpy ride for auto industry Business

Bumpy ride for auto industry

Listed automobile companies will face a challenging and volatile year in 2017 on policy changes and rising competition from imported products.
2016 car import turnover hits 2.3 billion USD Business

2016 car import turnover hits 2.3 billion USD

Vietnam’s car import turnover in December 2016 increased in both quantity and value, making the year’s total annual car imports finish at 2.3 billion USD, according to the General Statistics Office.
Business

Imported luxury cars clear customs block

Nearly 2,000 cars, many of them stuck at ports since 2011 when new regulations were imposed, are expected to be cleared for import after the Ministry of Industry and Trade decided to allow a one-time waiver for their importers.
World

Indonesia to produce green cars next year

Indonesian c armaker Suzuki Indomobil (SI) has announced that it is ready to begin production of low-cost green cars (LCGCs) between April and May 2014, following the completion of its new plant at the Greenland International Industrial Centre in Cikarang, West Java.
Business

Motorshow 2013 introduces 14 brands

The 9th Vietnam Motorshow 2013 will take place in Ho Chi Minh City from October 23–27, expected to attract 14 domestically and internationally respected auto brands.