auto sales

Update news auto sales

Domestic car market sees sluggish sales in year-end sale season

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.

Vietnam to top Asia auto sales amid fall of biggest markets

The rising vehicle imports are posing huge competitive pressure on domestically-produced vehicles.

Import duties to be eliminated for auto parts

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.

BUSINESS IN BRIEF 20/6

 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

BUSINESS IN BRIEF 16/6

 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

BUSINESS IN BRIEF 21/1

 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

BUSINESS IN BRIEF 15/12

Vietnam’s trade promotion in three EU nations; Vietnam, US amend air transport agreement; Viettel gets Cameroon telecom contract; DHL opens new depot in Da Nang; Avon to trim 1,500 jobs, exit Vietnam; Over 62,7000 businesses set up in 11 months