22-02-2025 11:21
China Yuchai International Limited (NYSE: CYD) through its main operating subsidiary in China, Guangxi Yuchai Machinery Company Limited (Yuchai), announced on February 20 that Yuchai had entered into a comprehensive strategic cooperation agreement with Kim Long Motor Hue, a subsidiary of Vietnam's FUTA Group.
17-11-2023 16:00
Chinese carmakers are beefing up their operation in Vietnam with plans to build manufacturing factories.
09-01-2012 11:08
Vietnam-based car-makers are feeling the heat after Hanoi and Ho Chi Minh City lifted automobile ownership registration tax rates.
31-07-2021 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.
18-04-2024 14:00
Carmakers in Vietnam are looking to develop their own charging infrastructure for electric vehicles through strong partnerships.
01-08-2022 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.
31-05-2023 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.
08-09-2022 11:53
Three months after ending the preferential policy of 50 per cent reduction in registration fees for domestically-assembled cars, the volume of imported cars to Vietnam has increased sharply.
04-08-2011 08:43
Time is "running out" for European carmakers to address structural problems, Fiat chief Sergio Marchionne said Wednesday as he slammed government bailouts of his competitors.
06-04-2020 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.
27-07-2018 11:33
Continental European equity markets rose on Thursday (Jul 26), lifted by shares in French and German carmakers which accelerated after US President Donald Trump appeared to back away from tariffs on the sector.
18-03-2017 10:25
Deputy Prime Minister Trinh Dinh Dung has asked the Ministry of Industry and Trade (MoIT) and relevant agencies to study the possibility of applying safeguards to protect the domestic automobile manufacturing industry from looming zero-tariff car imports.
17-10-2010 15:18
BEIJING, October 17, 2010 - Booming auto sales in China have spurred manufacturers to step up production so fast that concerns over "blind investment" and overcapacity in the sector are emerging, analysts said.
10-09-2020 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.
26-08-2019 23:55
Earlier on Monday morning, the Chinese yuan weakened to an 11-year low. The onshore renminbi weakened as much as 0.7 per cent against the dollar to its lowest since February 2008 following comments from the White House that President Trump’s only regret was not raising tariffs more than he already had.