Russian auto producer GAZ to start car assembly in Vietnam Business

Russian auto producer GAZ to start car assembly in Vietnam

Russian auto manufacturer GAZ Group will start car assembly in Vietnam, said Deputy Prime Minister Maxin Akimov, who is also chairman of the Russian subcommittee of the Russia-Vietnam intergovernmental commission for trade, economic and scientific and technical cooperation.
Sales of imported automobiles surge in Q1 Business

Sales of imported automobiles surge in Q1

Sales of imported automobiles recorded a year-on-year leap of 234 percent to about 32,000 vehicles in the first quarter of this year, announced the Vietnam Automobile Manufacturer Association (VAMA) on April 10.
Auto imports in January 46 times higher than last year Business

Auto imports in January 46 times higher than last year

Vietnam imported nearly 11,700 cars worth more than 273 million USD in the first month of 2019, marking the fifth consecutive month with a volume of at least 10,000 units, according to statistics from the General Department of Vietnam Customs.
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.