vo quang hue gives up robert bosch vietnam to join vinfast

Vo Quang Hue gives up Robert Bosch Vietnam to join Vinfast

With Vo Quang Hue’s achievements at Robert Bosch Vietnam, Hue is considered an important factor in realising the dream of “Made in Vietnam” automobiles as he has joined Vietnam's leading property developer Vingroup as deputy CEO-Automotive to oversee the group's Vinfast manufacturing complex.
vingroup to manufacture made in vietnam automobiles

Vingroup to manufacture “Made in Vietnam” automobiles

Vingroup today organised the ground-breaking ceremony of its electric automobile and motorbike manufacturing complex named Vinfast, representing a total investment capital of VND35 trillion ($1.5 billion), marking the group’s first step to becoming Southeast Asia’s “Made in Vietnam” automobile brand, according to newswire Zing.
shares of fiat chrysler surge on report of chinese suitors

Shares of Fiat Chrysler surge on report of Chinese suitors

NEW YORK: Shares of Fiat Chrysler Automobiles surged on Monday (Aug 14) following a report that it is being targeted for a possible takeover by multiple Chinese companies.
central bank helps clear collateral confusion

Central bank helps clear collateral confusion

Lê Minh Hưng, Governor of the State Bank of Việt Nam (SBV) submitted a request to the Ministry of Justice (MoJ) and the Ministry of Public Security (MPS) last week, asking for clarification regarding the use of automobiles as banking collateral and the legal rights of credit institutions and borrowers.
finance ministry updates registration fees for autos motorbikes

Finance ministry updates registration fees for autos, motorbikes

The Ministry of Finance has recently updated the list of registration fees for automobiles and mortobikes, which has increased the price of many luxury models.
pm extends euro 4 deadline

PM extends Euro 4 deadline

Diesel automobiles manufacturers and importers will have to apply the Euro 4 standard from the end of December 31, 2017, as stipulated in the Notice 126/TB-VPCP dated March 10, 2017 by the Prime Minister.
honda inaugurates traffic safety facility

Honda inaugurates traffic safety facility

Honda Vietnam Co., Ltd., a manufacturer and distributor of Honda motorcycles and automobiles in Vietnam, today held the opening ceremony for its new $3.3-million Traffic Safety Education Center in the northern province of Vinh Phuc, to improve and promote road safety and safe driving.
bmw distributor taken to court

BMW distributor taken to court

The General Department of Vietnam Customs decided to take Euro Auto Corporation, the authorised distributor of BMW and Mini automobiles and BMW motors, to the court after discovering signs of smuggling and trade fraud, according to newswire Vnexpress.
bmw distributor refutes fraud allegations

BMW distributor refutes fraud allegations

Vietnamese customs authorities did not ask Euro Auto Corporation, the authorised distributor of BMW and Mini automobiles and BMW motors, to submit the certificates of origin (C/O) of its purchased BMW automobiles, which resulted in the lack of C/O during the inspection, according to newswire Vietnamplus.
vietnam tightens car import controls

Vietnam tightens car import controls

The Ministry of Finance has made procedures more stringent for import of automobiles to fight smuggling and trade fraud.
bmw distributor suspected of smuggling and fraud

BMW distributor suspected of smuggling and fraud

The Ministry of Finance (MoF) has just asked the General Department of Vietnam Customs to collaborate with the Supreme People’s Procuracy of Vietnam to consider investigating foreign-owned Euro Auto Corporation, the authorised distributor of BMW and Mini automobiles and BMW motors, after detecting signs of smuggling and trade fraud.
ministry urges transport firms to slash their rates this month

Ministry urges transport firms to slash their rates this month

Companies providing transport services with automobiles must further slash fares following the recent drop in petrol prices this month, Deputy Minister of Transport Nguyen Hong Truong urged.
vietnam police stop fining car owners lacking fire extinguishers amid controversy

Vietnam police stop fining car owners lacking fire extinguishers amid controversy

Owners of automobiles will not be fined as stipulated in a police fiat if they do not carry fire extinguishers in the cars, Vietnamese police officers said, adding that competent agencies are considering many factors before any more enforcement.
car prices jump following tax adjustment

Car prices jump following tax adjustment

The price of domestic cars have soared since the beginning of this year due to the Government's adjustment of special consumption taxes on imported automobiles.
vietnam ministry rejects rumor of car prices surging next year

Vietnam ministry rejects rumor of car prices surging next year

The Ministry of Finance has denied rumors that retail prices of automobiles will be hiked significantly at the beginning of next year given a new taxation regime, local media reported.