Tag: cars
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%.
Vingroup stops TV, smartphone lines, focuses on VinFast vehicles
VOV.VN - Vingroup, Vietnam’s largest private conglomerate, has unveiled plans for its subsidiary VinSmart to halt the manufacturing of televisions and smartphones in order to primarily concentrate on developing electronic products and other components for VinFast cars.
More than US$1.1 billion spent on car imports in four months
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.
Honda Vietnam to recall 27,640 cars with faulty pumps
Honda Vietnam has recently announced that it will recall 27,640 cars due to faulty pumps, beginning on May 5.
Domestic car sales record 127% surge in March
VOV.VN - The Vietnam Automobile Manufacturers Association (VAMA) announced on April 13 that car sales of its members in March reached 30,935 vehicles of all kinds, representing a sharp rise of 127% compared to the previous month.
VinFast’s car sales top 2,330 vehicles in March
VinFast Trading and Production LLC, a subsidiary of Vietnamese conglomerate Vingroup, sold a total 2,330 cars in March, including 1,312 Fadil, 548 Lux A2.0 and 470 Lux SA2.0, the firm announced on April 12.
When will Vietnam begin to make electric cars?
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.
Imports of automobiles accelerate in March
The import of automobiles increased dramatically in March, according to figures released by the General Department of Customs (GDC).
Vietnam increases car imports from RoK
VOV.VN - Vietnam imported a total of 328 completely built-up (CBU) cars from the Republic of Korea (RoK) during the opening two months of the year, representing a 13-fold increase compared to the same period from last year, according to the General Department of Vietnam Customs.
Car prices in Vietnam set to be cheaper
With the COVID-19 impacts still looming on local economy, domestic car prices have gone down but remained nearly double the prices of vehicles sold in Thailand and Indonesia, mainly due to high fees and taxes for locally made cars.
