Tag: automobile
Automobile producers struggle with lack of microchip
Semiconductor chip shortage has caused a crisis for major automobile producers in the world, forcing them to suspend production and extend the time to deliver their products, but for Vietnamese ones, the impacts are quite minor as they still can ensure normal production and business activities.
VAMA members see fall in car sales in June
Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 23,587 vehicles in June, down 8% month-on-month.
Honda Vietnam sees higher auto sales but less motorbike deliveries in June
Honda Vietnam posted an 8.9% increase in retail sales of automobiles but a 16.9% drop in that of motorbikes in June, the firm announced on July 10.
Vietnam to solve bottlenecks to develop its auto industry
Limited market capacity and price differences between domestically produced cars and imported cars are the two biggest bottlenecks for the local auto industry, according to the latest report from the Ministry of Industry and Trade (MoIT).
Budget revenue rises on robust banking, securities, real estate and automobile sectors
The budget revenue increased significantly in the first five months of this year thanks to recovery from 2020 and some sectors seeing strong growth, such as banking, securities, real estate and automobile industries, according to the General Department of Taxation.
Rubber exports soar over five-month period
VOV.VN - Vietnam exported 548,000 tonnes of rubber worth US$923 million during the opening five months of the year, up 58.7% in volume and 94% in value compared to the same period last year, according to the Ministry of Industry and Trade.
DOC makes positive conclusion for Vietnam’s tyre makers
The US Department of Commerce (DOC) has issued a positive conclusion for Vietnam in the anti-dumping and countervailing duty probes into imported automobile tyres.
MoU inked for enhanced capacity of support industry firms
Toyota Motor Vietnam Co., Ltd. and the Ministry of Industry and Trade’s Industry Agency on May 17 signed a memorandum of understanding on their cooperation project to improve the capacity of domestic enterprises in supporting industries and strengthen their linkages with automobile assemblers.
Investors prefer trading in land, shun the less profitable auto industry
Vingroup has sent a dispatch to the Ha Tinh provincial People’s Committee, proposing a project on an automobile complex.
Proposal of reducing registration fee for domestically-produced cars rejected
The Ministry of Finance has rejected the Vietnam Automobile Manufacturers’ Association (VAMA) proposal to continue reducing the registration fees for new domestically-produced cars by 50%.
