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.
Ministry of Finance proposes registration fee cut for electric cars

Ministry of Finance proposes registration fee cut for electric cars

The Ministry of Finance proposed halving the registration fee of electric cars compared to petrol cars.
Soaring coronavirus infections in Vietnam and Thailand hit Toyota production

Soaring coronavirus infections in Vietnam and Thailand hit Toyota production

The spike in coronavirus infections in Southeast Asia including Thailand and Vietnam has hit Toyota Motor Corporation.
Huawei reaches licence agreement with Volkswagen supplier

Huawei reaches licence agreement with Volkswagen supplier

Huawei on July 7 announced it has reached a license agreement with a supplier of Volkswagen Group, marking the company’s largest automotive licensing deal.
Siemens launches SICHARGE D electric vehicle charger in Asia-Pacific

Siemens launches SICHARGE D electric vehicle charger in Asia-Pacific

Siemens has launched SICHARGE D, a new public fast charging and high-powered compact electric vehicle charger providing one of the highest peak efficiencies.
VinFast to temporarily close Australian R&D division due to COVID-19

VinFast to temporarily close Australian R&D division due to COVID-19

VinFast is planning to temporarily close its research and development (R&D) centre in Melbourne, Australia due to complications from the COVID-19 pandemic.
Vingroup steps up overseas investment to realise global ambitions

Vingroup steps up overseas investment to realise global ambitions

Vingroup will pour an additional $300 million into the US market, to prepare for the sale of its new electric car models and smartphones.
Standard Chartered launches preferential loan programme for hybrid cars

Standard Chartered launches preferential loan programme for hybrid cars

Standard Chartered Bank Vietnam launched an environmentally-friendly automobile loan, offering one of the most preferential interest rates.
Vingroup to develop another automobile and part manufacturing plant in Ha Tinh

Vingroup to develop another automobile and part manufacturing plant in Ha Tinh

Vingroup is planning to develop another automobile and parts manufacturing plant and seaport in the central province of Ha Tinh.
ABB signs on AWS to develop cloud-based fleet management platform

ABB signs on AWS to develop cloud-based fleet management platform

ABB and Amazon Web Services have joined forces to build real-time fleet management solutions for fleets transitioning to electric vehicles.
VinFast overcomes Ford and Honda in February automobile sales

VinFast overcomes Ford and Honda in February automobile sales 2

In February, Vinfast automobile sales overcame Ford and Honda to rank the fourth position for the first time since its recent establishment.
VinFast invests in manufacturing solid-state batteries in Vietnam

VinFast invests in manufacturing solid-state batteries in Vietnam

VinFast and ProLogium (Taiwan) signed an MoU on strategic cooperation to manufacture solid-state batteries for electric cars in Vietnam.
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