Vietnam and India have substantial opportunities to cooperate in the automobile industry as Vietnam is accelerating FDI attraction in the sector, an official has said.

Regulations on the automobile localisation ratio will be abolished on October 10, 2022 after having been in force for almost 20 years.

The 18th Saigon International Autotech & Accessories Show (Saigon Autotech & Accessories) will be held from October 27-30 in both face-to-face and virtual formats.

Automobile sales in Vietnam posted a month-on-month increase of 20% and a year-on-year surge of 88% in July, the Vietnam Automobile Manufacturers’ Association (VAMA) reported on August 11.

VOV.VN - The third iteration of the Vietnam International Expo on Support Industries and Processing -Manufacturing (VIMEXPO 2022) is scheduled to take place between November 16 – 18 at the International Center for Exhibition in Hanoi.

The Vietnam Automobile Manufacturers’ Association (VAMA) said on July 13 that its members sold 25,159 vehicles in June, down 42% from the previous month.

VOV.VN - As many as 120 domestic and foreign exhibitors are set to display auto products of famous international brands such as DTE system, Dunlop Tech, Exedy, CEPSA, and Respol at Automechanika Ho Chi Minh 2022, which will take place in the southern metropolis from June 29 to July 1.

VOV.VN - Vietnam’s largest private economic conglomerate Vingroup is scheduled to issue international bonds worth US$525 million in the first phase in May 2022.

VOV.VN - Investors from the Republic of Korea (RoK) have developed a greater presence in multiple fields in the northern port city of Hai Phong, including garments and textiles, electronics, automobiles, finance and banking.

VOV.VN - The Vietnam Motor Show (VMS), the largest of its kind in Vietnam, is set to return this October following two years of cancellation due to the COVID-19 impact.