Thailand, Indonesia become Vietnam's top automobile suppliers
Thailand and Indonesia were the largest automobile suppliers of Vietnam with respective nearly 16,000 and 9,000 vehicles shipped to the country in the first five months of 2017.
As many as 23,232 cars were sold in May, up 6 percent from the previous month, according to the Vietnam Automobile Manufacturers’ Association on June 7.
Price competition between traditional taxis and ride hailing companies like Grab and Uber has become fierce, but it is mostly the drivers on both sides who are suffering the biggest losses.
A draft decree on auto manufacturing, assembling, importing, and maintenance and warranty business recently publicised by the Ministry of Industry and Trade (MoIT) is concerning industry insiders.