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HCMC to collect downtown toll from cars

HCMC to collect downtown toll from cars

HCMC will collect downtown toll from cars and zone motorbikes for five years (2021-2025) to promote public transportation and reduce traffic congestion.
THACO completes $86 mln bond issue

THACO completes $86 mln bond issue

Auto company THACO has issued VND2 trillion ($86.06 million) worth of five-year non-convertible bonds to two institutional investors.
February 08, 2020 | 10:00 am 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
Ford invests $82 million to expand Vietnamese plant

Ford invests $82 million to expand Vietnamese plant

Ford Motor Co (F.N.) said on Tuesday it is investing $82 million to expand its plant in northern Vietnam to boost production capacity.
January 15, 2020 | 02:39 pm GMT+7
Volkswagen debuts new model at Vietnam Motor Show with nine-dash line

Volkswagen debuts new model at Vietnam Motor Show with nine-dash line

Volkswagen Vietnam admitted its carelessness after displaying the China-imported Touareg with nine-dash line map at 2019 Vietnam Motor Show.
October 29, 2019 | 06:40 pm GMT+7
Taxi firm Vinasun sees after-tax profit surge 68 percent

Taxi firm Vinasun sees after-tax profit surge 68 percent

Leading taxi firm Vinasun has posted an after-tax profit of VND94 billion ($4.04 million) in the first nine months, a year-on-year increase of 68 percent.
October 28, 2019 | 04:18 pm GMT+7
South Korean, Japanese cars race for Vietnamese buyers

South Korean, Japanese cars race for Vietnamese buyers

South Korean cars are closing the gap in Vietnam, but Japanese brands still lead sales in most categories.
October 23, 2019 | 04:26 pm GMT+7
Nissan extends joint venture with Vietnam distributor

Nissan extends joint venture with Vietnam distributor

Japanese carmaker Nissan has retained Malaysian-owned Tan Chong as its distributor in Vietnam for one more year.
September 12, 2019 | 12:00 pm GMT+7
HCMC downtown car toll not before 2021

HCMC downtown car toll not before 2021

2021 would be the earliest that cars in Ho Chi Minh City will have to pay downtown toll, the city's Transport Department said Wednesday.
August 01, 2019 | 05:23 pm GMT+7
Chinese carmaker SAIC eyes Vietnam expansion

Chinese carmaker SAIC eyes Vietnam expansion

SAIC Motor International plans to work with Malaysia’s Tan Chong Motor Holdings to expand their Vietnam operations.
July 30, 2019 | 07:30 pm GMT+7
Downtown toll can reduce traffic congestion losses: HCMC officials

Downtown toll can reduce traffic congestion losses: HCMC officials

Officials say improved traffic efficiency via toll gates to downtown HCMC can reduce congestion losses by VND245 trillion ($10.6 billion) in 15 years.
July 29, 2019 | 02:22 pm GMT+7
Hyundai logistics arm opens first SE Asia office in Vietnam

Hyundai logistics arm opens first SE Asia office in Vietnam

Hyundai Glovis has opened its first Southeast Asian office in Hanoi to serve its expansion plans in the region.
July 29, 2019 | 11:57 am GMT+7
HCMC plans toll gates for cars to reduce congestion

HCMC plans toll gates for cars to reduce congestion

HCMC Department of Transport wants the city to spend VND250 billion ($10.7 million) to build 34 toll gates for cars entering the city downtown.
July 17, 2019 | 04:01 pm GMT+7
Mercedes-Benz to recall nearly 1,700 cars for steering wheel fault

Mercedes-Benz to recall nearly 1,700 cars for steering wheel fault

Mercedes-Benz Vietnam will recall 1,648 cars with faulty steering it sold between June 2016 and October 2017.
June 27, 2019 | 03:09 pm GMT+7
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