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VinFast eyes breakeven in next five years

VinFast eyes breakeven in next five years

Automaker VinFast expects to break even in the next five years as it ramps up production and cuts costs.
Motorbike sales slump, blamed on pandemic

Motorbike sales slump, blamed on pandemic

Motorbike sales fell 16.6 percent to 2.71 million units last year, according to the Vietnam Association of Motorcycle Manufacturers.
January 16, 2021 | 10:00 am GMT+7
Vietnam cuts auto registration fee by half

Vietnam cuts auto registration fee by half

Locally made cars would have their first-time registration fee cut by half until year's end, starting Sunday, according to a new decree.
June 28, 2020 | 08:01 pm GMT+7
Auto companies seek to expand Vietnam production

Auto companies seek to expand Vietnam production

Auto manufacturers are expanding factories in Vietnam to increase output as the country seeks to reduce its reliance on imports.
January 19, 2020 | 11:23 am GMT+7
Drivers more geared towards luxury cars

Drivers more geared towards luxury cars

Sales of luxury cars in Vietnam surged in 2019 with the rich showing greater preference for premium vehicles in a fast-growing economy.
January 15, 2020 | 11:28 am GMT+7
Half of Vietnamese buyers favor used cars assembled locally

Half of Vietnamese buyers favor used cars assembled locally

55 percent of buyers prefer used cars assembled in Vietnam to those imported from South Korea and Japan, a 2019 survey found.
January 08, 2020 | 02:50 pm GMT+7
Auto industry’s overwhelming reliance on imports continues

Auto industry’s overwhelming reliance on imports continues

The need to import most parts makes auto prices in Vietnam higher than in neighboring countries, insiders say.
September 26, 2019 | 07:39 am GMT+7
Automaker Mitsubishi eyes full-scale production in Vietnam

Automaker Mitsubishi eyes full-scale production in Vietnam

Japanese automaker Mitsubishi Motors plans to expand its Vietnam operations by moving to full-scale production of parts within the country.
November 10, 2018 | 01:01 pm GMT+7
Foreign-invested auto firms make a U-turn in Vietnam

Foreign-invested auto firms make a U-turn in Vietnam

Leading auto firms are embarking upon domestic production, reversing from a planned shift to imports.
August 07, 2018 | 05:53 pm GMT+7
Vietnam's May auto sales slip 0.7 percent year-on-year

Vietnam's May auto sales slip 0.7 percent year-on-year

Roughly 23,000 units were sold in May.
June 13, 2018 | 10:38 am GMT+7
Auto industry tells Trump 'We're winning with NAFTA'

Auto industry tells Trump 'We're winning with NAFTA'

Ending NAFTA would put U.S. auto sector jobs at risk.
October 25, 2017 | 09:02 am GMT+7
Former GM exec gets behind wheel of Vietnamese real estate group's car manufacturing venture

Former GM exec gets behind wheel of Vietnamese real estate group's car manufacturing venture

VinGroup has ambitious plans to put its newborn auto firm on top of Southeast Asia.
September 27, 2017 | 03:42 pm GMT+7
NAFTA talks intensify; U.S. seen putting off key demand on autos

NAFTA talks intensify; U.S. seen putting off key demand on autos

Trump said NAFTA is weighted against his country, has threatened to walk away from the agreement.
September 24, 2017 | 08:46 am GMT+7
Saigon plans congestion charge to combat traffic chaos

Saigon plans congestion charge to combat traffic chaos

The charge could come into force at the same time the city's first metro line is launched in 2020.
September 18, 2017 | 05:10 pm GMT+7
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