Vietnamnet.vn
Podcast
Vinaxuki
Update news Vinaxuki
Owner of auto enterprise earns VND6 million, owes VND2.8 trillion at the age of 80
Bui Ngoc Huyen dreamed of making Vietnamese automobiles, ‘boss Duc’ transferred shares, and ‘boss Kien’ made big money while he was in prison. These were the most outstanding business stories of the last week.
BIDV puts auto firm Vinaxuki up for sale to recover bad debt
The Bank for Investment and Development of Vietnam (BIDV) has announced plans to put secured assets of Xuan Kien Auto JSC (Vinaxuki) up for auction...
Vietnamese turn their back on Chinese cars
VietNamNet Bridge - Vietnamese are turning their back on Chinese cars for several reasons, including low quality, design copies and vulnerability.
Predictability sought
Though Vietnam's automotive market holds promise from rising per capita incomes and a huge population, carmakers remain plagued by inconsistent government policies.
Vinaxuki auto group’s Chair asks for the Prime Minister’s help
With VND600 billion (nearly $30 million) of debt, Chairman of the Xuan Kien Automobile JSC (Vinaxuki) has sent a 12-page letter to Prime Minister Nguyen Tan Dung to ask for the government’s assistance to the auto industry.
When Vietnamese CEOs “travel incognito”
The owners of Trung Nguyen coffee, Vinaxuki automobile, My Hao cosmetics and Bibica sweets brands have been going to retail markets to survey the purchasing power, assembling cars and selling products themselves.
