The Industry Agency under the Ministry of Industry and Trade and Toyota Motor Vietnam signed on July 4 a memorandum of understanding on a cooperation project to help domestic businesses in the automobile supporting industry improve their capacity and enhance the connectivity between them and car assemblers.
The newest electric vehicle manufacturer in Vietnam, with technology transferred from Germany, will set up a factory in Thai Binh that will make small-size city vehicles.
The Ministry of Industry and Trade (MoIT) will create the best possible conditions for Japanese automobile manufacturer Honda to operate in the country, Deputy Minister Do Thang Hai affirmed on June 29.
Cars will enjoy a 50% cut in registration fees from July 1 following a Government decree on registration fee reduction for domestically manufactured and assembled automobiles.
VOV.VN - As many as 461 exhibitors from 20 countries and territories globally are attending Automechanika 2023, a regional trade fair held for the automotive service industry, which opened at Saigon Exhibition & Convention Centre (SECC) in Ho Chi Minh City on June 23.
Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 22,409 automobiles of all kinds in May, a decrease of 8% compared with the previous month.
VOV.VN - Thailand has surpassed the likes of Indonesia and China to become Vietnam’s largest automobile supplier during the opening five months of the year, according to the General Department of Vietnam Customs.
The Ministry of Industry and Trade supporting the reduction of automobile registration fees is considered to have a positive effect on the auto industry in the context of the automobile market facing many difficulties.
There are about 2.5 million automobiles that need mechanical checks in the next six months, according to the Vietnam Register (VR).
Members of the Vietnam Automobile Manufacturers Association (VAMA) sold over 30,038 vehicles in March, up 30% from the previous month, after recording growth of 33% in February, VAMA announced on April 13.