Managing fresh automobile clusters for post-virus boost

Managing fresh automobile clusters for post-virus boost

The outbreak of the coronavirus has had negative effects on global supply chains in the world’s automobile industry.
Supporting industries leading automakers towards success

Supporting industries leading automakers towards success

Vietnam is striving to successfully build up its automobile industry.
Local automobile manufacturers ask for more support

Local automobile manufacturers ask for more support

Viet Nam's automobile industry is small compared to regional markets and local suppliers are asking for more support from the Government.
Ministry plans to eliminate import duties on auto parts

Ministry plans to eliminate import duties on auto parts

The Ministry of Finance plans to eliminate import taxes on auto materials and parts in order to support the development of the country’s automobile industry.
Automobile industry develops but local part supply still low

Automobile industry develops but local part supply still low

The automobile industry of Vietnam has witnessed progress in the last two years, but the localisation rate (local part supply) still remains low, not meeting the set target, according to a Ministry of Industry and Trade (MoIT) report sent to the National Assembly for discussion and direction.
Government to better policies to boost automobile industry

Government to better policies to boost automobile industry

The Government will provide policy support for automakers, but not at the cost of breaking its international integration commitments, Prime Minister Nguyen Xuan Phuc has said.
Volkswagen AG and Ford Motor Company launch global alliance

Volkswagen AG and Ford Motor Company launch global alliance

Alliance leverages the two global automakers’ strengths to better compete, innovate and serve customers.
Strengthening local automobile production and localisation rate

Strengthening local automobile production and localisation rate

Toru Kinoshita, chairman of the VAMA, talks about increasing the localisation rate of domestic automobile production.
Foreign automakers switch to trading as Vietnamese scale up production

Foreign automakers switch to trading as Vietnamese scale up production

While foreign-invested manufacturers have shifted to importing cars for domestic sale, Vietnamese enterprises have increased investments and expanded production, vowing to develop a domestic automobile industry.
Vietnamese automobile manufacturers growing up to the task

Vietnamese automobile manufacturers growing up to the task 2

Vietnam has just inaugurated the biggest and most modern automobile manufacturing factory in Southeast Asia, and lured in numerous large-scale investments.
Decree 116 and a mounting investment in automobile manufacturing

Decree 116 and a mounting investment in automobile manufacturing

As quality checks have been tightened, it is very hard to import automobiles to Vietnam, but a huge investment wave is forming to hit the automotive industry.
Vietnam plans to build national automobile centre

Vietnam plans to build national automobile centre

Vietnam plans to set up a national automobile centre in Chu Lai Economic Zone in Quang Nam province which will have the initial capital of $500 million.