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.
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 US Department of Commerce has recently announced it will not conduct an anti-tariff circumvention investigation against solar panels made in Vietnam, Thailand and Malaysia at a request by a group of anonymous businesses called American Solar Manufacturers against Chinese Circumvention (A-SMACC).
The Ministry of Finance has proposed halving the registration fee for locally assembled or manufactured cars from November 15 until mid-May next year.
The Vietnam Association of Motorcycle Manufacturers (VAMM) has said its members sold 367,037 motorbikes in the third quarter of 2021, a year-on-year drop of 45.84%.
VOV.VN - The Ministry of Health on October 14 allowed localities to vaccinate children aged 12 to 18 against the SARS-CoV-2 virus.
VOV.VN - Vietnam Motor Show 2021 (VMS 2021) is likely to be postponed until next year due to the complicated developments of the COVID-19 pandemic.
VOV.VN - By September 2021 Singaporean financiers have injected US$23.5 billion across 690 projects in Vietnam’s processing and manufacturing industry, accounting for nearly 40% of Singapore’s total investment capital in the country, according to the Foreign Investment Agency.
The Taiwan Textile Roadshow has been held from October 6-7 directly in Hanoi and in the online format via Zoom, aiming to strengthen cooperation between Vietnam and Taiwan (China) in the textile and garment sector.
The AXA Investment Managers Asia headquartered in Singapore recently published an article which elucidates the reasons behind Vietnam’s high ranking on economic performance and discusses the prospects for broadening the country’s position in the regional and global production ecosystems.