Vietnam companies face fierce regional competition Business

Vietnam companies face fierce regional competition

Vietnamese businesses could face losses in the domestic market as the country opens to the ASEAN member imports later this year in compliance with the ASEAN Trade in Goods Agreement (ATIGA), according to experts.
Vietnam expects to manufacture 200,000 automobiles in 2015 Business

Vietnam expects to manufacture 200,000 automobiles in 2015

Vietnam is expected to manufacture 200,000 automobiles and 4 million motorbikes in 2015, marking respective yearly rises of 4.4 percent and 2 percent during the 2011-2015 period, according to the Heavy Industry Department of the Ministry of Industry and Trade.
Society

Weather could hit HCM City traffic hard

Ho Chi Minh City could generate 1.4 billion USD by investing in making its transportation system more resilient in extreme weather conditions, a study released by Siemens and Arup said last week.
Vietnam moves to promote agricultural exports to Mexico Business

Vietnam moves to promote agricultural exports to Mexico

The Vietnamese commercial counsellor in Mexico had a number of meetings with local officials and entrepreneurs over the past few days to seek ways to help Vietnamese agricultural products make further inroads into the Latin American market.
Domestic car sales on the rise Business

Domestic car sales on the rise

Falling petrol prices, longer financing arrangements and rising consumer confidence are pushing Vietnamese car buyers towards bigger and more expensive cars.
Business

Automobile imports surge to five-year high

Vietnam spent 1.1 billion USD on auto imports during the first 10 months of the year, nearly doubling 2013's figure and registering the highest level over the last five years.
World

Thai vehicle production and export continue to decrease

Thailand’s new vehicle market continued to decrease in September, with sales falling by 27.5 percent to 68,843 units compared with 94,859 units in the same month of last year, according to a report released by the Federation of Thai Industries.
Motorcycle makers try to revive market Business

Motorcycle makers try to revive market

While motorcycle dealers bemoan the slowest sales in a decade, manufacturers are busy since the beginning of this year, introducing new models in the hope of triggering a revival.
Business

Vinh Phuc aims to boost support industry

Vinh Phuc has been one of top spots in attracting foreign direct investment (FDI) in the north of Vietnam. The province is an attractive destination for leading investors such as Japan, the Republic of Korea, US and the EU, the Vietnam Business Forum Magazine (VBF) reported.