As many as 23,232 cars were sold in May, up 6 percent from the previous month, according to the Vietnam Automobile Manufacturers’ Association on June 7.
Car prices in Vietnam are nearly two times higher than in other countries in the region such as Thailand and Indonesia, and much higher than in countries with developed automobile industries such as the US and Japan.
The domestic market will open more widely to foreign cars as enterprises now will not be required to submit as many documents as they did before, as stipulated in Circular No 20/2011.
The Toyota junior football summer camp will carry out its first selection round in June, the organisers announced on May 17.
Ho Chi Minh City’s Party Committee Secretary Dinh La Thang hoped that Japan’s Aichi prefecture will work with Ho Chi Minh City, where the investment climate has improved and young labour is abundant, to develop the support industry.
Toyota Motor Vietnam Co. Ltd. (TVM) will plant 1,000 trees in eight secondary and primary schools in Vinh Phuc, Nghe An and Dong Nai provinces as part of the programme “Toyota chung tay xanh hoa hoc duong” launched in Vinh Phuc province on April 4.
The Government has instructed the Ministry of Finance to consider changes to special consumption taxes on imported pick-up trucks to level the field for cars.
Toyota Vietnam, Japan’s automobile manufacturer in Vietnam, is calling 360 cars in Lexus RX200t and Lexus RX350 models to repair and replace the Electrical Control Unit (ECU) electrically controlling back door opening/closing, according to the Vietnam Competition Authority (VCA).
Toyota Motor Vietnam (TMV) has provided technology training equipment to five universities and colleges in Hanoi and Ho Chi Minh City as part of its Technical Education Programme (T-TEP).
The Party Committee of central Da Nang city has returned a five-seater Toyota presented to it by a local company, following an order by Prime Minister Nguyen Xuan Phuc.
VOV.VN - A first-ever fair highlighting manufacturing technologies opened in Hanoi on February 23, providing a good opportunity for broader cooperation between Vietnamese and Japanese enterprises involved in the mechanical engineering industry.
VOV.VN - A business matching event for Japanese, Thai and Vietnamese manufacturers and related businesses has opened at the National Exhibition Construction Centre in the Nam Tu Liem District of Hanoi.
Several auto firms have adjusted down prices of completely-built-up (CBU) autos imported from regional markets following an import tax reduction this year in line with a roadmap of the ASEAN Trade in Goods Agreement (ATIGA).
Hanoi’s youth union hosted a ceremony on January 20 to honour 10 outstanding youths in 2016 for their significant contributions in a wide range of fields.
VOV.VN - The Vietnam government is intent on fostering the development of a competitive supply chain in the manufacturing sector— a prerequisite to capitalizing on the benefits of trade agreements, say experts.
The total number of automobiles sold in 2016 reached 304,427 units, the highest level recorded by Vietnam’s auto market in the past 20 years, the Vietnam Automobiles Manufacturers Association (VAMA) announced on January 11.
Toyota Motor Vietnam (TMV) on Monday introduced its new management board including Toru Kinoshita as president and Do Thu Hoang as vice president.
VOV.VN - Commercial trade growth for the Asia Pacific Region slowed to 2.3% in 2015, far below the expectations of 2.7% that had been forecast, said the Asian Development Bank in a recently released report.
VOV.VN - Toyota Motor Vietnam (TMV) has granted Toyota scholarships 2016 worth VND700 million to 115 outstanding students majoring in the technical, mechanical and environmental studies from 16 universities nationwide.
The ratio of local content in automobiles assembled in the country is far lower than the Government’s targets despite a lot of policy incentives for the industry, according to a Ministry of Industry and Trade report.