Toyota

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The sales of automobile surged 62 percent month-on-month in May following the end of social distancing measures, according to the Vietnam Automobile Manufacturers’ Association (VAMA).

Discount paradise for auto buyers

As part of a new package to help the automobile market stay afloat after this year’s global woes, locally-manufactured vehicles will benefit from a massive cut in registration fees, 

Auto giants switch up production for crisis

A series of giant carmakers across the world, including in Vietnam, have started converting part of their facilities to produce ventilators and face masks to fight the coronavirus pandemic that is biting into their main portfolio investment.

Human safety the top priority as groups submit to guidelines

As the health crisis continues to affect all walks of life, significant challenges are arising for business leaders to make their foreign-invested enterprises better prepared as well as to protect their workers.

Nissan Vietnam ceases operation in response to COVID-19

Automaker Nissan Vietnam has declared a temporary shutdown as from April 5 amid the complex developments of the COVID-19 pandemic.

Vietnam Rubber Group fears nCoV may erode demand from biggest buyer China

The company is concerned that demand from China, which accounts for half of the group’s shipments of latex, will fall.

Vietnamese automobile makers ask for more support

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.

Renowned automobile brands to join Vietnam Motor Show 2019

The Vietnam Motor Show 2019 (VMS 2019) will be held at the Saigon Exhibition and Convention Centre from October 23-27.

Toyota to invest $500m in Uber in driverless car deal

 Japanese carmaker Toyota is to invest $500m (£387m) in Uber and expand a partnership to jointly develop self-driving cars.

Billions of dollars worth of car parts exported but not from Vietnamese manufacturers

Vietnam spends billions of dollars to import car parts each year for domestic assembling, but it also exports billions of dollars worth of vehicle parts. 

Toyota: Committed to hydrogen cars despite potential 'game changer' EV battery

Toyota Motor Corp said its solid-state battery technology under development could be a “game changer” for electric vehicles, but that does not mean it is moving away from hydrogen-powered fuel-cell vehicles.

Truong Hai, Toyota battle for automobile market share

VietNamNet Bridge - Taking every opportunity to reduce prices, Truong Hai and Toyota, the two big automobile manufacturers, are trying to capture every corner of the market.

Toyota to build $1.6 billion U.S. plant with rival Mazda: source

 Toyota Motor Corp (7203.T) and rival Mazda Motor Corp are expected to announce plans on Friday to build a $1.6 billion U.S assembly plant as part of a new joint venture, 

Toyota to hire 1,000 more employees at new U.S. headquarters in Texas

Toyota Motor Corp (7203.T) on Thursday said it will hire 1,000 additional staff for its new U.S. base under construction in a Dallas suburb. 

Toyota, Honda making big bucks in Vietnam

 Japanese automobile makers Toyota and Honda earned VND trillions in profit in Vietnam over the past four years.

BUSINESS IN BRIEF 17/5

Dung Quat oil storage terminal planned for 2020, Wholesale electricity prices to increase by 2-5 per cent, Co Bi depot starts construction work, Toyota, Nissan recall cars to fix problems, Hanoi Telecom’s general director owns 1% of Vietnamobile

Transport Ministry sells Vinamotor, auto industry’s fate in doubt

Vietnam has never given up its automobile dream, even though it has failed to implement an auto industry strategy in the last two decades.

Toyota recalls 625,000 hybrids over software glitch

 The world's biggest automaker, Toyota, is recalling about 625,000 hybrid cars around the world to fix a software glitch.

The best workplaces in Vietnam, survey

 VietNamNet Bridge - Unilever continues to be voted the best place to work in Vietnam in 2014, according to a survey conducted annually by Anphabe and Nielsen, the market research firm.

BUSINESS IN BRIEF 19/4

 HCM City refunds 1.4 mln USD of VAT for foreigners; VAMC announces interest rate for purchased bad debts; Imports of under-9-seat-cars soar; Toyota expands its recall campaign; Land rentals likely to rise