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.
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.
VinFast opens US headquarters in Los Angeles

VinFast opens US headquarters in Los Angeles

VinFast announced that it will officially open its new US headquarters in Los Angeles following the company's initial $200 million investment in California.
CBU vehicle imports rebound sharply

CBU vehicle imports rebound sharply

The import of CBU vehicles has increased sharply in the first 10 months of 2021, according to the latest data by the General Department of Customs (GDC).
VinFast to inject $200 million to set up headquarters in California

VinFast to inject $200 million to set up headquarters in California

Vietnamese EV manufacturer VinFast announced that it would invest more than $200 million to debut in North America by establishing its headquarters in California.
Vietnamese car market recovers after bottoming out

Vietnamese car market recovers after bottoming out

After a record decline in August, Vietnam's car sales in September have bounced back, a positive sign for the year-end shopping season.
Vietnam’s car sales have fallen to its lowest level since 2015

Vietnam’s car sales have fallen to its lowest level since 2015

The Vietnam Automobile Manufacturers’ Association (VAMA) announced a significant slump in overall August sales, which is the deepest decline since 2015.
Smartphone maker Xiaomi joins electric vehicle market

Smartphone maker Xiaomi joins electric vehicle market

Xiaomi has registered an $1.55 billion electric vehicle business to foray into the global electric vehicle market.
Will VinFast break into Indonesia?

Will VinFast break into Indonesia?

VinFast of Vingroup is allegedly preparing to penetrate the Indonesian automobile market.
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