THACO Group profits drop sharply amidst grey market

THACO Group profits drop sharply amidst grey market

THACO Group gained $45.4 million in net profits in the first half of the year, declining by 75 per cent compared to the same period in 2022.
New opportunities for local auto-suppliers to take off

New opportunities for local auto-suppliers to take off

Foreign automobile manufacturers are expanding their operations in Vietnam, opening opportunities for domestic suppliers to take off.
Vietnam ponders hybrid car tax shift

Vietnam ponders hybrid car tax shift

A lower tax on hybrid cars should be calculated carefully when it comes to contributing to environmental protection, instead of benefiting only a few automobile manufacturers.
Promotions help boost auto sales in May

Promotions help boost auto sales in May

Vietnamese automobile manufacturers and distributors had a banner month in May as the sales of car experienced a strong monthly growth of 30 percent following a line-up of promotions and discount programmes.