Auto businesses are concerned about Vietnam’s future policy orientation with regard to the auto industry, which they think will affect their business strategy.
VOV.VN - The Vietnam Motor Show 2017 is here, revealing eighty models from major automakers Chevrolet, Ford, Do Thanh, FUSO, Honda, Isuzu, Lexus, Mercedes-Benz, Mitsubishi, Nissan, Suzuki and Toyota.
VOV.VN - It's time to rev up your engine for the start of the largest auto show in Vietnam.
VOV.VN - It was announced at a press conference that the 13th annual auto accessories expo set for May 25-28 at the Saigon Exhibition & Convention Center in Ho Chi Minh City will get bigger this year.
As the 2018 deadline to remove tariffs on completely built cars imported from the ASEAN bloc looms, domestic auto manufacturers are banking on the possibility that the government will have some measures to control imports of completely built cars.
The import of completely built-up (CBU) autos from India in May jumped more than 20 times from February to over 3,500 units with an average price of only VND112 million (US$4,870).
Volvo Cars of Sweden will open two Volvo 4S centres in Ho Chi Minh City in the third quarter of this year, the group announced on March 22.
(VOV) - Vietnam saw auto industry revenues surge in 2014 amid the rapid expansion of a young, style-conscious middle class following 15 consecutive years of economic growth of over 5%.
Hoang Hai turned his back on a Vietnamese business that was headed for bankruptcy and became a driving instructor instead. Now he is riding a wave of interest in car ownership as the country's trend-setting middle class swaps two wheels for four.
Many Vietnamese companies will for the first time exhibit products at Thailand's largest exhibition on manufacturing and support industries in Bangkok from June 21-24.
Truong Hai Auto Joint Stock Co., or Thaco, has spent US$3.5 million taking over a 51 percent stake in the specialized vehicle manufacturing company Soosung of the Republic of Korea.
The output of domestically-produced automobiles and motorbikes increased by 23.7 and 21.8 percent, respectively, during the first seven months of the year, reported the Ministry of Industry and Trade.
U.S. auto sales jumped to a seven-month high in March led by a 41 percent surge at Toyota Motor Corp (7203.T) after the Japanese automaker offered the steepest discounts in its history to win back sales lost during its recent safety crisis.