Unlocking Vietnam as a promising auto market

Unlocking Vietnam as a promising auto market

The competition in the Vietnamese automobile market is increasingly fierce, being fuelled by various bilateral and multilateral trade agreements such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership..
Ford Vietnam recalls cars

Ford Vietnam recalls cars

Ford Vietnam is recalling nearly 11,800 Ranger, Everest and Ranger Raptor cars using 2.0L Bi-Turbo engines due to broken gear oil pumps.
Toyota inaugurates its third plant in Brazil

Toyota inaugurates its third plant in Brazil

Japanese auto giant Toyota inaugurated a $600 million plant in the southeast Brazilian state of Sao Paulo on Thursday, its third in the country, with an initial aim of producing 70,000 cars a year.
Auto sector runs into brick wall

Auto sector runs into brick wall

To sustain tough market conditions when car import tariffs keep falling under Vietnam’s commitments to the world community, car manufacturers must drive down production costs through hiking localisation rates which cannot be achieved without government support.
Auto market to cool

Auto market to cool

An increase in second-hand car imports, rocketing petrol prices and the impending end of sale contracts among local automobile makers are expected to cool a hot auto market.