Toyota to inject over $360 million to produce hybrid electric vehicles in Vietnam

Toyota to inject over $360 million to produce hybrid electric vehicles in Vietnam

Toyota Motor Vietnam (TMV) will pour over $360 million into modernising its new head office and plant in Vietnam to start production of hybrid EVs.
Vietnam gears up to navigate shift in automotive industry

Vietnam gears up to navigate shift in automotive industry

Vietnam’s automotive market is poised to improve its value chain and tap into new opportunities amid the changing global landscape.
Belarus and Vietnam to jointly produce heavy-duty vehicles

Belarus and Vietnam to jointly produce heavy-duty vehicles

Belarus and Vietnam have engaged in discussions to resume consistent supplies of machinery and the establishment of joint manufacturing facilities.
Thanh Cong Group opens facility in Quang Ninh to build Skoda models

Thanh Cong Group opens facility in Quang Ninh to build Skoda models

Thanh Cong Group started operations at the Thanh Cong Viet Hung car plant on March 26 in Quang Ninh to build the first Skoda models in Vietnam.
Chinese carmaker Geely moves into Vietnamese market

Chinese carmaker Geely moves into Vietnamese market

Geely Auto officially made its entry into the Vietnamese market by unveiling the powerful intelligent SUV Coolray as its first model.
Geleximco and Chinese firms to build $400 million vehicle parts factory in Thai Binh

Geleximco and Chinese firms to build $400 million vehicle parts factory in Thai Binh

Vietnamese private conglomerate Geleximco has inked an agreement with Chinese partners to build a vehicle parts factory.
Chery awarded investment certificate for Thai Binh EV factory

Chery awarded investment certificate for Thai Binh EV factory

Chinese EV maker Chery has received an investment registration certificate for a joint venture with Geleximco Group in Thai Binh province.
Geleximco Group and Chery International enter automobile joint venture

Geleximco Group and Chery International enter automobile joint venture

Geleximco Group and Chery International plan to set up a joint venture to build a vehicle factory in the country.
50 per cent cut in automobile registration fees to be effective from July 1

50 per cent cut in automobile registration fees to be effective from July 1

The decree aims to help enterprises in the domestic automobile manufacturing industry who are faced with high surplus inventory alongside reduced access to capital, high interest rates, changes in exchange rates, and inflation.
Electrification under spotlight at Ho Chi Minh City’s Autotech and Accessories 2023

Electrification under spotlight at Ho Chi Minh City’s Autotech and Accessories 2023

The Autotech and Accessories 2023 trade show has opened its doors with more than 300 booths related to the automobile, motorcycle, and EV industries.
TC Motor to distribute and manufacture Czech Skoda cars

TC Motor to distribute and manufacture Czech Skoda cars

TC Motor, a distributor and assembler of Hyundai in Vietnam, will start distributing and assembling Skoda cars next year.
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.
Japan's 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 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.
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.
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