VinFast announces jaw-dropping starting price for vehicles

VinFast announces jaw-dropping starting price for vehicles

The hatchback Fadil of VinFast will cost $18,391, while the Sedan Lux A2.0 will start at $59,391 and the SUV Lux SA2.0 at $79,043, excluding value added tax.
Decree 116 nearly stops CBU business from developed countries

Decree 116 nearly stops CBU business from developed countries

European CBU car exporters could not overcome Vietnam's Decree 116, while ASEAN exporters seem to have few issues. What problems are EU exporters facing?
Preferential tax rate cannot control car prices

Preferential tax rate cannot control car prices

Despite the 0 per cent preferential tax rate, the price of imported cars keeps increasing.
BASF innovations will make electric vehicles practical reality for all

BASF innovations will make electric vehicles practical reality for all

BASF, the world’s leading chemical supplier in the automotive industry, offers innovations to make electric vehicles a practical reality for everyone.
Vinfast establishes $60 million joint venture with Aapico Hitech

Vinfast establishes $60 million joint venture with Aapico Hitech

The joint venture between Vinfast and its Thai partner shows the corporation’s commitment to increase the localisation rate of its products.
Will Toyota drop prices to take on imported competition?

Will Toyota drop prices to take on imported competition?

Toyota has just expanded its local factory as other manufacturers are bringing in their first shipments of tax-exempt vehicles to Vietnam.
New challenges to Vietnamese customers’ faith in Mercedes-Benz

New challenges to Vietnamese customers’ faith in Mercedes-Benz

An investigation in Germany and wide-spread recalls across the country are the first issues to directly challenge Vietnamese customers' trust in Mercedes-Benz.
Despite dropping revenue in China, Honda remains strong in Vietnam

Despite dropping revenue in China, Honda remains strong in Vietnam

Despite a huge reduction in revenue in China, Honda is still doing well in Vietnam in both the motorbike and car segments, with a new record in car sales.
BMW recall of 470 cars in Vietnam may be due to fire risk

BMW recall of 470 cars in Vietnam may be due to fire risk

German car manufacturer BMW’s sudden recall of 470 cars in Vietnam may be related to the car giant’s re-exporting of 88,000 vehicles in the UK due to fire risk.
Gov’t tightens diplomatic car imports

Gov’t tightens diplomatic car imports

Deputy Prime Minister Vuong Dinh Hue has asked ministries to strengthen the management of temporary import of cars of individuals who enjoy privileges and tax exemptions in Viet Nam.
Used cars to get import tax rise of 20 per cent

Used cars to get import tax rise of 20 per cent

Import taxes on used cars of nine seats or fewer and an engine displacement of less than 1,500cc will increase by up to 20 per cent from April 28.
Lexus drives ahead of the pack

Lexus drives ahead of the pack

Auto market’s hi-end, luxury segment is hitting top gear.  
Driving a bus through luxury vehicle regulations

Driving a bus through luxury vehicle regulations

A recent sharp rise of imported luxurious cars into Vietnam has triggered concerns over losses to the state coffers from a manipulation of the current state incentive policy.
Two way street in auto tax news

Two way street in auto tax news

No dramatic changes are expected to automobile industry tax policies in the upcoming period.
Auto firms feel the heat

Auto firms feel the heat

Policy changes have boxed auto businesses into a corner.
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