The Vietnam Automobile Manufacturers’ Association (VAMA) has announced that the total market sales of its member units reached 38,656 vehicles last month, a month-on-month increase of 30%, and a year-on-year increase of 6%.
Construction of VinES battery manufacturing factory costing VND4 trillion (nearly US$173.7 million) began on December 12 in central Ha Tinh province's Vung Ang Economic Zone with the presence of President Nguyen Xuan Phuc.
All types of new cars in Vietnam must meet Euro 5 emission standards from January 1, 2022 under a decision issued by the Prime Minister, Vietnam Register said.
A 50% reduction in registration fees for domestically-assembled cars is forming part of a push to help the auto market grow in the next six months.
The automobile market has become bustling again after the Government cut by 50% the vehicle registration tax.
VOV.VN - Hoar frost covered Fansipan Mountain, the nation’s highest peak, on December 6 as temperatures dropped to as low as zero degrees Celsius.
The Ministry of Finance (MoF) has proposed rescheduling excise tax payments for local automobile manufactures and assemblers.
The domestic auto market is expected to grow further in the remaining months of this year after expanding up to 120% in October, experts have said.
VOV.VN - The Cat Linh – Ha Dong metro line, part of Hanoi’s urban railway system, was inaugurated in the capital city on November 6 after 10 years of construction.
Owners of cars with under nine seats entering the inner city area on ordinary days would pay tolls between VND25,000 and VND60,000.