Carmakers keen on extension of SCT pay
May 31, 2023 | 18:00
The Ministry of Finance has sent to the Ministry of Justice a dossier on the extension of special consumption tax for domestically manufactured cars incurred from June-September 2023, until November 20.
Carmakers rack up profits despite global intricacies
August 01, 2022 | 15:00
The lack of car manufacturing supplies has increased delivery times and increased driver costs. However, the high demand is helping some businesses in the industry reap big profits.
Vietnam scrambles to meet global car-making standards
April 20, 2022 | 17:00
Many carmakers are hunting for suppliers to meet the demand that has been rising since last year, as well as counter the increasing prices of palladium, nickel, and aluminium for their components.
Carmakers ride on despite sales dip
July 31, 2021 | 11:00
Famous automakers are pushing on with plans to launch new models and promotions in Vietnam despite the pandemic roadblocks, thanks in part to positive results made over the first half of the year.
Automakers in race for sales to avail of temporary fee cut
December 29, 2020 | 11:26
The temporary 50 per cent cut in registration fees for locally-made cars starting from June 2020, which aimed to encourage domestic production through the global health crisis, may not extend into 2021, thus carmakers are hoping for new benefits in order to build on recent sales momentum.
Anxious carmakers hoping losses remain in rear mirror
September 10, 2020 | 09:00
Despite efforts in converting part of their facilities to produce ventilators and face masks for fighting the coronavirus pandemic, global carmakers are still reporting losses that are hoped to eventually change direction into profit again by the end of the year.
Auto giants switch up production for crisis
April 07, 2020 | 08:00
A series of giant carmakers across the world, including in Vietnam, have started converting part of their facilities to produce ventilators and face masks to fight the coronavirus pandemic that is biting into their main portfolio investment.
Carmakers hit the brakes over newest emergency measures
April 06, 2020 | 10:00
Auto manufacturers are looking at bleak prospects as the global pandemic weakens sales and pushes them to temporarily suspend production, with the trend expected to continue through April at least.
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