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Vietnam's Vinfast IPO may be delayed to 2023 on market uncertainty

Vietnam's Vinfast IPO may be delayed to 2023 on market uncertainty

The chairman of Vietnam's Vingroup conglomerate said on Wednesday that an initial public offering (IPO) for the company's auto unit, VinFast, may be delayed until next year due to market uncertainty.
Mercedes to sell electric vehicles in Vietnam by October

Mercedes to sell electric vehicles in Vietnam by October

Mercedes-Benz will start delivering its EQS electric sedan to Vietnamese customers by October.
May 9, 2022 | 06:00 am PT
Toyota recalls hundreds of Raize SUVs over bad weld

Toyota recalls hundreds of Raize SUVs over bad weld

Toyota is recalling 191 Raize SUVs in Vietnam to fix poor welding in front shock absorbers, which could even cause the undercarriage to fall apart.
May 3, 2022 | 07:53 pm PT
South Korean brands top sales among locally made cars

South Korean brands top sales among locally made cars

South Korea’s Hyundai and Kia sold nearly 106,000 cars in Vietnam last year, or nearly half of all locally made cars sold.
April 21, 2022 | 06:03 pm PT
Ford dealer reports 36-fold profit increase

Ford dealer reports 36-fold profit increase

City Auto Corp, Vietnam’s largest Ford dealer, reported profits of VND51.8 billion (US$2.27 million) last year, a 36-fold rise from 2020.
April 11, 2022 | 10:46 pm PT
Ford to suspend or cut output at eight of its factories due to chip shortage

Ford to suspend or cut output at eight of its factories due to chip shortage

Ford Motor plans to suspend or cut production at eight of its factories in the United States, Mexico and Canada throughout next week because of chip supply constraints, a spokeswoman told Reuters on Friday.
February 5, 2022 | 12:01 am PT
Mercedes-Benz Vietnam recalls 1,700 cars to correct fire risk

Mercedes-Benz Vietnam recalls 1,700 cars to correct fire risk

Mercedes-Benz Vietnam is recalling more than 1,700 C200 cars locally assembled from 2014 -2018 to remove a generator related software bug.
October 9, 2021 | 08:28 pm PT
Vietnam’s biggest auto expo canceled again

Vietnam’s biggest auto expo canceled again

The Vietnam Motor Show, the biggest automobile expo in the country, has been canceled for the second year running over Covid-19 impacts.
September 7, 2021 | 06:07 pm PT
Auto registration fee cut sparks controversy

Auto registration fee cut sparks controversy

The recent proposal to halve registration fees for domestically produced automobiles has stirred a debate between auto firms.
August 20, 2021 | 06:25 pm PT
Vietnam to equip 200,000 vehicles with safety cameras

Vietnam to equip 200,000 vehicles with safety cameras

Around 200,000 coaches, container trucks and tractors would be equipped with cameras starting July to monitor driver and passenger conduct in accordance with a government decree.
April 13, 2021 | 02:30 am PT
Students build a Batmobile with eye on movie accessories

Students build a Batmobile with eye on movie accessories

A group of students in Hanoi have tried to recreate the famous Batmobile of Batman with a limited VND500 million ( $21,500) budget.
September 6, 2020 | 12:33 am PT
Vietnam waives import tax on car components not made domestically

Vietnam waives import tax on car components not made domestically

Auto components that are not manufactured domestically will be exempt from import tax from July 10.
May 28, 2020 | 10:00 pm PT
Toyota Vietnam seeks permission for Japanese CEO to enter country

Toyota Vietnam seeks permission for Japanese CEO to enter country

Automaker Toyota Vietnam has sought permission for its new Japanese CEO to enter Vietnam, saying working remotely has proven inefficient.
May 6, 2020 | 08:35 pm PT
Vietnamese automaker ships buses to Philippines

Vietnamese automaker ships buses to Philippines

Vietnam's leading automaker and assembler Thaco shipped the first 15 buses to the Philippines on Saturday.
December 29, 2019 | 03:46 am PT
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