auto trade issues persist amid rise in consumption

Auto trade issues persist amid rise in consumption

Amid a rise in car consumption, a wide range of giant automakers have had to cut production or close facilities due to the global semiconductor shortage that is affecting price and delivery times.
automakers in race for sales to avail of temporary fee cut

Automakers in race for sales to avail of temporary fee cut

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.
supporting industries leading automakers towards success

Supporting industries leading automakers towards success

Vietnam is striving to successfully build up its automobile industry. Vu Tan Cong, deputy general director of Vietnam Automobile Industry and Trade Consulting Co., Ltd., writes about how to develop materials, which are the key for the industry to take off.
us trade secretary says hope is to avoid new auto tariffs

US trade secretary says 'hope' is to avoid new auto tariffs

After some "very good conversations" with automakers in the European Union, Japan and elsewhere, the United States may not need to impose new tariffs on imported automobiles, Commerce Secretary Wilbur Ross said Sunday.
government to better policies to boost automobile industry

Government to better policies to boost automobile industry

The Government will provide policy support for automakers, but not at the cost of breaking its international integration commitments, Prime Minister Nguyen Xuan Phuc has said.
moit wants to cut tax for locally produced auto parts

MoIT wants to cut tax for locally produced auto parts

The Ministry of Industry and Trade (MoIT) wants to take advantage of market and policy opportunities to promote automobile manufacturing projects of domestic automakers including Truong Hai Auto Corporation (Thaco), Thanh Cong Group and VinFast.
three japan automakers admit false emissions data

Three Japan automakers admit false emissions data

Japan's Suzuki Motor, Mazda and Yamaha have admitted using false emissions data for some vehicles, the transport ministry said on Thursday (Aug 9), in the latest product quality scandal to hit the country's auto sector.
foreign automakers are set for local expansions

Foreign automakers are set for local expansions

Major foreign-invested automakers are eyeing expansions of their production sites in Vietnam, which belies the assumption that they would turn their full attention to imports after tariffs levied on vehicles made in ASEAN are abolished this year.
govt asked to help automakers overcome difficulties

Gov’t asked to help automakers overcome difficulties

Auto businesses are concerned about Vietnam’s future policy orientation with regard to the auto industry, which they think will affect their business strategy.
fiat chrysler and gm join ford in cutting production after plant fire

Fiat-Chrysler and GM join Ford in cutting production after plant fire

After Ford, US automakers General Motors and Fiat-Chrysler said Thursday they were cutting vehicle production following a factory fire at a major parts supplier last week.
foreign automakers switch to trading as vietnamese scale up production

Foreign automakers switch to trading as Vietnamese scale up production

While foreign-invested manufacturers have shifted to importing cars for domestic sale, Vietnamese enterprises have increased investments and expanded production, vowing to develop a domestic automobile industry.
asian markets rise as wall st north korea provide positive lead

Asian markets rise as Wall St, North Korea provide positive lead

Shares in top Chinese manufacturing companies plunged on Wednesday (Apr 18) after Beijing announced plans to phase out ownership limits for foreign automakers, shipbuilders and aircraft firms.
auto prices drop but customers in neutral

Auto prices drop but customers in neutral

Vietnamese automakers and importers have been racing to reduce the price of many models in recent months ahead of the zero-tariff policy for car imports from ASEAN nations that goes into effect on January 1, 2018.
pm gives green light to bmw automakers

PM gives green light to BMW automakers

Automaker BMW can access its batch of cars being held at HCM City’s port for maintenance but the firm must replace its local dealer Euro Auto due to violations of the country’s regulations, said Prime Minister Nguyen Xuan Phuc at a conference with German businesses in Berlin on Thursday.
deputy pm encourages autos carrying vietnamese brand name

Deputy PM encourages autos carrying Vietnamese brand name

Domestic automakers must manufacture autos under the Vietnamese brand name, Deputy Prime Minister Trinh Dinh Dung suggested.