Tags: automobile

Strengthening local automobile production and localisation rate

Strengthening local automobile production and localisation rate

As the import duty for ASEAN CBU (completely built-up) becomes 0 per cent, and some administrative barriers like Decree 116 preventing CBU imports are no longer effective, VIR talked with Toru Kinoshita, chairman of the Vietnam Automobile Manufacturers' Association (VAMA) about ways to increase the localisation rate and enhance local automobile production.

Hanoi expects stronger cooperative ties with Japan’s Fukuoka

Hanoi expects stronger cooperative ties with Japan’s Fukuoka

Hanoi wants to continue promoting cooperative ties with Japan’s Fukuoka prefecture in the fields of trade, investment, education-training, environment, science-technology, cultural exchange and agricultural development, said Vice Chairman of the municipal People’s Committee Ngo Van Quy.

FDI in HCM City surges 64 percent

FDI in HCM City surges 64 percent

Ho Chi Minh City drew US$3.71 billion in foreign direct investment (FDI) over the past nine months, up 64.3 percent year on year, according to the municipal People’s Committee.

Vietnam auto demand catches up with regional countries: FTCR

Vietnam auto demand catches up with regional countries: FTCR

An increasing proportion of Vietnamese plan to buy a car in the last six months of 2017, catching up with other ASEAN countries, according to the quarterly Financial Times Confidential Research (FTCR) ASEAN Auto Purchase Index that measured the six-month outlook for car sales among urban consumers

Automobile sales rebound in May

Automobile sales rebound in May

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.

Automobile sales slump in April

Automobile sales slump in April

Some 21,942 cars were sold in April this year, a drop of 18 percent over the previous month, according to the Vietnam Automobile Manufacturers’ Association.

Domestic auto: opportunities and challenges

Domestic auto: opportunities and challenges

Despite Government efforts, domestic auto production has not yet satisfied demand. Pham Anh Tuan, Deputy Director of the Department of Heavy Industry, talks about domestic automaking prospects.

Thai auto sales pose dilemma for Vietnam

Thai auto sales pose dilemma for Vietnam

VOV.VN - Statistics from the General Department of Vietnam Customs show that the foreign sector controls roughly 80% of the local car and automobile (excluding motorbike) retail market with a sales volume eclipsing all of Southeast Asia.

Vehicle imports down 6% in volume through 7 months

Vehicle imports down 6% in volume through 7 months

VOV.VN - The number of vehicles imported through customs points has dropped almost 6% year-on-year to 60,600 during the first seven months of 2016, according to the latest statistics from the General Department of Vietnam Customs.

Automobile sales decrease in June

Automobile sales decrease in June

Vietnam’s automobile sales in June totaled 24,421 units, dropping 6% against the previous month, announced the Vietnam Automobile Manufacturers’ Association (VAMA) on July 8.

Over 26,000 cars sold in May

Over 26,000 cars sold in May

Vietnam’s automobile sales in May totaled 26,028, increasing just 1% from April but 45% from the same period last year, released the Vietnam Automobile Manufacturers’ Association (VAMA).