50 per cent cut in automobile registration fees to be effective from July 1
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.
Regulations on auto localisation ratio to be revoked
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.
Managing fresh automobile clusters for post-virus boost
June 13, 2020 | 10:00
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
March 20, 2020 | 13:00
Vietnam is striving to successfully build up its automobile industry.
Local automobile manufacturers ask for more support
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.
Ministry plans to eliminate import duties on auto parts
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.
Automobile industry develops but local part supply still low
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.
Government to better policies to boost automobile industry
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.
Volkswagen AG and Ford Motor Company launch global alliance
January 17, 2019 | 16:08
Alliance leverages the two global automakers’ strengths to better compete, innovate and serve customers.
Strengthening local automobile production and localisation rate
October 24, 2018 | 08:00
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
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.
Vietnamese automobile manufacturers growing up to the task 2
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.
Decree 116 and a mounting investment in automobile manufacturing
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.
Vietnam plans to build national automobile centre
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.
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