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Update news auto sales
While normally a positive time for car sales, this year the domestic automobile market is seeing gloomy days as Tet approaches, according to local car experts.
The rising vehicle imports are posing huge competitive pressure on domestically-produced vehicles.
The Ministry of Finance plans to eliminate the import tax for auto materials and parts in order to support the development of the country’s automobile industry.
Multinationals keep eye on Vetnam potential; FPT strikes first M&A deal in Slovakia; Vietnam firms wary of higher stakes for foreign investors; SBV unveils plan for restructuring ailing finance firms
Vietnamese market attracts multinational groups; Foreign firms boost trade promotion in Vietnam; Foreign exchange market to be stabilised; Billion dollar projects awaken central region; Vietnam to sell 30,000 tonnes of rice to Iraq
Singaporean investment in Vietnam up 157% in 2013; Consumer confidence shows early year bounce; US firm offers advanced cyber protection; FPT set 30pct gain in revenue for 2014; Auto sales meet targets
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