Potential is substantial for the electric vehicle industry

Potential is substantial for the electric vehicle industry

In Vietnam, the automotive sector anticipates maintaining its growth trajectory of recent years.
Low localisation rate hindering progress

Low localisation rate hindering progress

A stronger supporting industry and focus on boosting localisation rates is deemed a prerequisite to help brands increase production and also reduce costs.
Japanese investors seeking increase of localisation ratio

Japanese investors seeking increase of localisation ratio

Japanese enterprises are promoting more connections with domestic partners to increase the localisation ratio.