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Tag
auto parts
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95 pct made-in-Vietnam auto parts for foreign brands
Nearly 95 percent of auto parts produced in Vietnam are for foreign brands, showing a lack of localization in the industry.
Q1 car imports plummet
Vietnam imported 26,637 completely built-up (CBU) cars in the first quarter, down 32.6 percent year-on-year as the auto industry loses out to Covid-19.
Making cars costs more in Vietnam than other ASEAN countries
Cars assembled and produced in Vietnam cost 20 percent more than in Thailand and Indonesia because a large number of parts have to be imported.
November 28, 2019 | 10:25 pm PT
Vietnam should strictly monitor zero-tax car imports from ASEAN: Thaco
Vietnam’s leading auto firm Thaco wants the government to strictly inspect zero tariff application on cars imported from ASEAN.
May 2, 2019 | 08:47 am PT
Vietnamese firms conspicuously absent as auto parts industry thrives
Vietnam enjoys a trade surplus in the auto parts industry, but domestic firms play no role in this success.
August 21, 2018 | 12:01 am PT