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Vietnam sees car imports double

Vietnam sees car imports double

Dwindling sales of locally assembled cars and rising sales of imports are causing local manufacturers to demand more tax incentives to compete.
Making cars costs more in Vietnam than other ASEAN countries

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 29, 2019 | 01:25 pm GMT+7
Saigon to double car registration fees

Saigon to double car registration fees

HCMC will raise registration fees of cars under 9 passenger seasts from VND11 million ($473) to VND20 million ($860) from October 17.
October 07, 2019 | 08:55 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
South Korea supplants Japan as biggest seller of car parts to Vietnam

South Korea supplants Japan as biggest seller of car parts to Vietnam

South Korea has overtaken Japan as Vietnam’s biggest supplier of automobile parts with a 29 percent share.
August 27, 2019 | 06:00 pm GMT+7
Annual car sales to reach a million in 2025

Annual car sales to reach a million in 2025

Vietnam's annual car sales could more than triple in the next five years to reach a million in 2025.
August 17, 2019 | 07:32 pm GMT+7
Vingroup posts fourfold H1 revenue rise from vehicles, smartphones

Vingroup posts fourfold H1 revenue rise from vehicles, smartphones

Vietnam's biggest private conglomerate Vingroup earned VND2.6 trillion ($112 million) from sales of electric bikes, cars and smartphones in H1 2019.
July 31, 2019 | 06:00 pm GMT+7
Thailand, Indonesia dominate Vietnam's car imports

Thailand, Indonesia dominate Vietnam's car imports

Thailand and Indonesia hold the lion's share of Vietnam's car imports amidst challenges as the country seeks to prioritize local manufacturing.
July 26, 2019 | 09:44 am GMT+7
Vietnam sees surge in auto sales

Vietnam sees surge in auto sales

Auto sales rose by 22 percent year-on-year to 126,753 units in the first five months of the year, the Vietnam Automobile Manufacturers Association says.
June 20, 2019 | 02:10 pm GMT+7
BMW importer gets 9 years in prison for smuggling cars

BMW importer gets 9 years in prison for smuggling cars

The former CEO of Euro Auto falsified documents to import BMW cars at a lower price, dodging VND6.5 billion ($278,000) in taxes.
June 05, 2019 | 08:57 pm GMT+7
VinFast to complete automobile factory ahead of schedule

VinFast to complete automobile factory ahead of schedule

Vietnam’s first full-fledged carmaker has announced it will complete work on its factory in June, three months ahead of schedule.
April 17, 2019 | 01:42 pm GMT+7
Vietnamese buy more cars, fewer bikes in Q1

Vietnamese buy more cars, fewer bikes in Q1

Vietnamese bought more cars and less motorbikes in the first quarter this year, with a surge in number of imported cars.
April 12, 2019 | 07:18 pm GMT+7
VinFast prepares to sell its cars in Russia

VinFast prepares to sell its cars in Russia

The Vietnamese automaker is in the process of registering patents for its sedan and SUV models in Russia.
April 06, 2019 | 03:31 pm GMT+7
VinFast rolls out its first made-in-Vietnam car

VinFast rolls out its first made-in-Vietnam car

Vietnam’s first full-fledged carmaker has started trial runs in its Hai Phong factory, preparing to deliver preordered vehicles later this year.
March 07, 2019 | 12:52 pm GMT+7
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