June 30, 2023 | 13:00
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.
August 22, 2022 | 19:42
Regulations on the automobile localisation ratio will be abolished on October 10, 2022 after having been in force for almost 20 years.
June 13, 2020 | 10:00
The outbreak of the coronavirus has had negative effects on global supply chains in the world’s automobile industry.
March 20, 2020 | 13:00
Vietnam is striving to successfully build up its automobile industry.
November 30, 2019 | 11:26
Viet Nam's automobile industry is small compared to regional markets and local suppliers are asking for more support from the Government.
August 17, 2019 | 11:14
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.
June 06, 2019 | 13:00
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.
March 14, 2019 | 12:00
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.
January 17, 2019 | 16:08
Alliance leverages the two global automakers’ strengths to better compete, innovate and serve customers.
October 24, 2018 | 08:00
Toru Kinoshita, chairman of the VAMA, talks about increasing the localisation rate of domestic automobile production.
April 24, 2018 | 17:02
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.
March 26, 2018 | 17:34
Vietnam has just inaugurated the biggest and most modern automobile manufacturing factory in Southeast Asia, and lured in numerous large-scale investments.
February 28, 2018 | 18:00
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.
July 22, 2011 | 09:59
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.