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Vietnamese spend $1.9 bln on imported cars

Vietnamese spend $1.9 bln on imported cars

Vietnam had imported over 86,000 completely built-up (CBU) automobiles worth almost $1.9 billion as of November 15, according to Vietnam Customs.
Car imports plummet nearly 50 pct, Covid-19 blamed

Car imports plummet nearly 50 pct, Covid-19 blamed

Vietnam imported 44,973 cars in the first seven months, down 47.5 percent year-on-year amid a slump in auto demand due to Covid-19.
August 17, 2020 | 11:30 am GMT+7
Indonesia surpasses Thailand in car exports to Vietnam

Indonesia surpasses Thailand in car exports to Vietnam

Indonesia surpassed Thailand to hold the top position in passenger car exports to Vietnam in the first five months of the year with 15,074 units.
July 03, 2020 | 08:36 am GMT+7
Q1 car imports plummet

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.
April 18, 2020 | 06:30 pm GMT+7
Laos, Cambodia imports can threaten Vietnam auto industry

Laos, Cambodia imports can threaten Vietnam auto industry

Even weaker economies with less developed industries can threaten Vietnam's auto industry due to its low localization rate, the Trade Ministry said.
October 11, 2019 | 05:48 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
Car imports from China crash

Car imports from China crash

Automobile imports from China have plummeted since the beginning of last year after tariffs on imports from ASEAN member countries were scrapped.
September 15, 2019 | 02:14 pm GMT+7
Vietnam mulls tax incentives for locally-made auto parts

Vietnam mulls tax incentives for locally-made auto parts

Vietnam is considering removing the special consumption tax on car parts produced in the country to boost local manufacturing.
August 07, 2019 | 04:59 pm GMT+7
Vietnam car imports triple in first seven months

Vietnam car imports triple in first seven months

January-July car imports increased 366 percent to 88,000 units, recovering from last year’s plunge caused by a tightening policy.
August 04, 2019 | 06:21 pm GMT+7
Car import tariffs from Japan to Vietnam to be eliminated from 2029

Car import tariffs from Japan to Vietnam to be eliminated from 2029

But Vietnam has been known to raise other trade barriers to counter the loss it incurs from the elimination of import taxes.
March 16, 2018 | 03:19 pm GMT+7
Indonesia tries to jump-start car exports to Vietnam

Indonesia tries to jump-start car exports to Vietnam

A new regulation issued by Vietnam has forced Indonesia to halt car exports to the country, which could cost it $85 million in Dec - Mar period.
March 02, 2018 | 01:50 pm GMT+7
Imported cars will undercut Vietnam products after tariff removal: industry

Imported cars will undercut Vietnam products after tariff removal: industry

The country's lack of auto parts suppliers means many components have to be imported and the added costs are passed on to consumers.
December 06, 2016 | 04:01 pm GMT+7
Car imports still face red light after Vietnam refuses to budge on legislation

Car imports still face red light after Vietnam refuses to budge on legislation

A five-year-old law has marginalized the majority of local car importers.
July 05, 2016 | 02:37 pm GMT+7
Thailand overtakes China to become Vietnam’s top car supplier

Thailand overtakes China to become Vietnam’s top car supplier

Over the first four months of this year, three out of ten cars imported into Vietnam were made in Thailand.
May 30, 2016 | 06:23 pm GMT+7
 
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