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.

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.

Vingroup has sent a dispatch to the Ha Tinh provincial People’s Committee, proposing a project on an automobile complex.

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%.

More than US$1.1 billion was spent on importing 49,360 completely built-up (CBU) vehicles in the four months of 2021 in Vietnam, a surge of 55.2% in volume and 57.2% in value over the same period last year, the General Statistics Office (GSO) has reported.

The 17th International Exhibition on Automobile, Transportation and Supporting Industry (Vietnam AutoExpo 2021) will take place at the Vietnam National Convention Centre in Hanoi from August 19 to 22, gathering leading brands of commercial and specialised vehicles and motorcycles as well as supporting industries.

On March 24, Vinfast made headlines after releasing its statement about receiving orders for its first electric car model VF e34 for VND690 million (about US$32,000), to be delivered in the third quarter of 2021.

The import of automobiles increased dramatically in March, according to figures released by the General Department of Customs (GDC).

A long Lunar New Year holidays, the ending of registration fee cut and impacts from COVID-19 pandemic are major reasons behind a strong fall of automobile sales in February, according to insiders.

Automobile producer THACO recently shipped more than 200 Kia vehicles and auto parts to Thailand, Myanmar, Japan, and the Republic of Korea (RoK).