automobile market

Latest News about automobile market

Car manufacturers resume assembling of some models in Vietnamicon
BUSINESS15/07/20200

Car manufacturers resume assembling of some models in Vietnam

As Vietnam has set new policies to encourage domestic production, car manufacturers have resumed the assembling of some bestsellers in Vietnam to enjoy incentives.

 
Favourable policies expected to drive auto market growthicon

Favourable policies expected to drive auto market growth

BUSINESS
03/02/2020

The automobile market is expected to boom this year as the Government mulls a number of favourable policies to help reduce costs, improve demand and increase output.

Ford Vietnam announces US$82 million expansion of Hai Duong assembly facilityicon

Ford Vietnam announces US$82 million expansion of Hai Duong assembly facility

BUSINESS
14/01/2020

Ford Vietnam on January 14 announced it was investing another US$82 million (VND1.9 trillion) to upgrade its Hai Duong assembly facility and expand its annual production capacity to 40,000 vehicles.

Vietnamese automobile makers ask for more supporticon

Vietnamese automobile makers ask for more support

BUSINESS
19/12/2019

Among the incentives, the government is urged to lower the special consumption tax for locally made parts to help them reduce prices to compete with foreign manufacturers.

Vietnam's auto market filled with gloom despite falling pricesicon

Vietnam's auto market filled with gloom despite falling prices

BUSINESS
12/11/2019

Hopes of a big rise in car sales in October thanks to a steep drop in prices and the rollout of new models have been dashed, spreading more gloom about the sector’s health.

Automobile sales in Vietnam can set new record in 2019icon

Automobile sales in Vietnam can set new record in 2019

BUSINESS
13/10/2019

Vietnam's automobile market is expected to set a new sales record this year with sales of the Vietnam Automobile Manufacturer Association (VAMA) members and TC Motors averaging nearly 32,000 cars each month in January-September.

Taxes on imported cars from EU to fall to 0%icon

Taxes on imported cars from EU to fall to 0%

BUSINESS
08/07/2019

The taxes on imported cars from Europe to Viet Nam will drop to zero per cent in the next nine to 10 years, creating new competitiveness in the automobile market.