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Dealers cut car discounts as demand recovers

Dealers cut car discounts as demand recovers

Major auto brands like Toyota and Hyundai are cutting or reducing discounts as sales recover following a pandemic-induced plunge.
Automobile market sees recovery as government slashes fee

Automobile market sees recovery as government slashes fee

Auto sales in June surged 26 percent against May, with industry insiders attributing it to the government’s cutting of first-time registration fees by half.
July 13, 2020 | 11:38 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
US begins anti-dumping probe into Vietnamese tires

US begins anti-dumping probe into Vietnamese tires

The U.S. has initiated an anti-dumping investigation into passenger vehicle and light truck tires from Vietnam and three other economies.
June 25, 2020 | 03:37 pm GMT+7
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 29, 2020 | 01:00 pm GMT+7
Car buff makes old auto parts tell the time

Car buff makes old auto parts tell the time

Nguyen Tuan Anh gives old car and motorbike parts a new lease of life by turning them into handmade decorative clocks.
May 27, 2020 | 04:29 pm 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
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.
December 27, 2019 | 02:05 pm GMT+7
Vietnam struggles to meet car localization target

Vietnam struggles to meet car localization target

Vietnam’s 20-year auto industry is still far away from meeting its localization target to better compete with regional competitors.
December 09, 2019 | 07:55 am GMT+7
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
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