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Auto industry needs more than money

Auto industry needs more than money

The Ministry of Industry and Trade is expected to submit to the Government an automobile industry development plan with solutions to supporting auto manufacturing projects in Vietnam.

Foreign automobile part makers rush to Vietnam

Foreign automobile part makers rush to Vietnam

Many foreign automobile part manufacturers have recently started the construction of their plants in Vietnam, which is in line with the government’s policies on encouraging investment in the local support industries.

Domestic supply makes automobile industry more competitive

Domestic supply makes automobile industry more competitive

Vietnamese automobile firms can gain a competitive edge over their rivals in ASEAN if the domestic supporting industry uses more locally-produced parts, heard a conference recently held in Hanoi by the Central Institute for Economic Management (CIEM).

Bright prospects for automobile sector in Industry 4.0 era

Bright prospects for automobile sector in Industry 4.0 era

VOV.VN - Vietnam has plenty of potential huge opportunities for the development of its automobile industry if the country takes full advantage of Industry 4.0, automation and cloud technologies used in manufacturing.

Vietnam to become Korean car part production center

Vietnam to become Korean car part production center

Vietnam’s policy on tightening control over import and decreased domestic consumption as well as exports in the Republic of Korea (RoK) have prompted Korean investors to set their car part production bases in Vietnam.

Thirteen car brands on display at VMS 2016

Thirteen car brands on display at VMS 2016

Thirteen car manufacturers with the latest models and technologies of various categories, from private cars to commercial vehicles, will be showcased at the Vietnam Motor Show (VMS) 2016.

JFE Steel Corp. to join Formosa steel complex

JFE Steel Corp. to join Formosa steel complex

The Formosa group of Taiwan (China) is expected to seal an investment deal with the Japanese-based JFE Steel Corporation in August to jointly carry out its steel complex in central Ha Tinh province’s Vung Ang Economic Zone.

Car buyers continue preferring imported vehicles

Car buyers continue preferring imported vehicles

Vietnamese people have shown that they favor imported cars over locally assembled vehicles, as the debate about whether the local automobile industry can withstand a possible collapse after 2018 has not ended.

April car sales up, but producers worry

April car sales up, but producers worry

April was a positive month for Vietnamese auto sales, though carmakers have claimed difficulties conducting business in the country's unstable and undevel-oped automobile industry.

Vietnam, India boost cooperation in automobile industry

The Vietnam's TMT Motor Corporation will become the distributor of TATA Motors Limited—the largest manufacturer in the Indian automobile industry, as stipulated in an agreement on car distribution and supply and technology transfer signed in Hanoi on May 11.