collaborations necessary for vietnam to embrace ev boom

Collaborations necessary for Vietnam to embrace EV boom

Installing a network of extensive and easy-charging stations could ignite Vietnam’s plan for producing electric automobiles in a short amount of time, with both authorities and business collaboration required to fulfil the ambition.
vietnam ponders hybrid car tax shift

Vietnam ponders hybrid car tax shift

A lower tax on hybrid cars should be calculated carefully when it comes to contributing to environmental protection, instead of benefiting only a few automobile manufacturers.
locally made cars requiring new approach

Locally-made cars requiring new approach

Vietnam’s ambitions for its automobile supporting industry are facing upheaval with the country’s localisation ratio about to be scrapped.
vietnam india have potential for automobile cooperation insiders

Vietnam, India have potential for automobile cooperation: insiders

Vietnam and India have substantial opportunities to cooperate in the automobile industry as Vietnam is accelerating FDI attraction in the sector, an official has said.
regulations on auto localisation ratio to be revoked

Regulations on auto localisation ratio to be revoked

Regulations on the automobile localisation ratio will be abolished on October 10, 2022 after having been in force for almost 20 years.
automobile sales down 42 per cent on chip shortage

Automobile sales down 42 per cent on chip shortage

The Vietnam Automobile Manufacturers’ Association (VAMA) has announced that its members sold 25,159 vehicles in June, down 42 per cent from May ending three consecutive months of gains.
japans component manufacturer to set foot in hanoi

Japan's component manufacturer to set foot in Hanoi

Japan's Onaga Company received an investment certificate on July 15 for a factory manufacturing aircraft and automobile components located in Hanoi Southern Supporting Industrial Park (HANSSIP).
car and motorcycle sales decrease

Car and motorcycle sales decrease

The sales of cars and motorcycles plunged in June due to a lack of parts and components.
otocomvn shakes hands with carrect to digitalise automobile service industry

Oto.com.vn shakes hands with CARRECT to digitalise automobile service industry

Oto.com.vn, an automotive platform in Vietnam, that specialises in providing solutions for car buying and selling, has entered a strategic partnership with CARRECT, a provider of routine car maintenance with a focus on on-demand car care, to deliver cohesive & innovative experiences to customers throughout the journey of searching, buying, and using their vehicles.
automechanika ho chi minh city comes back after two years

Automechanika Ho Chi Minh City comes back after two years

Automechanika Ho Chi Minh City comes back in June, inviting car enthusiasts and industry insiders to one of the most important events in the industry.
vingroup offers incentive for semiconductor manufacturers

Vingroup offers incentive for semiconductor manufacturers

Vingroup is willing to offer incentives for semiconductor manufacturers who invest in Vietnam to produce chips for vehicles and help them rent land and hire facilities.
navigating tariff roadmaps for automobile imports

Navigating tariff roadmaps for automobile imports

The average tariff on imported cars in Vietnam has decreased from 49 per cent in 2015 to 12 per cent in 2020. As a result of changing car import tariffs over the past 5-10 years, Vietnam’s car imports shifted from high-tariff countries like India and China towards low-tariff ASEAN countries like Thailand (see graph). Several socioeconomic developments have triggered these changes.
new policies being considered for electric cars

New policies being considered for electric cars

Deputy Prime Le Van Thanh has asked the Ministry of Industry and Trade to study policies to promote the development of the domestic automobile industry, in line with the growing global trend towards electric cars.
czech koda auto will manufacture cars in quang ninh

Czech Škoda Auto will manufacture cars in Quang Ninh

The Ministry of Planning and Investment (MPI) has worked with the Czech Embassy in Vietnam and Škoda Auto on the plan of building an automobile factory in the northern province of Quang Ninh, after which the European carmaker wants to begin exporting its vehicles to other markets.
car sales in vietnam down 34 percent in january

Car sales in Vietnam down 34 percent in January

As many as 30,742 cars were sold in Vietnam in January, a decline of 34 percent compared to the previous month, according to a monthly report issued by the Vietnam Automobile Manufacturers Association (VAMA) on February 15.