Update news Wheels

The European Chamber of Commerce in Vietnam (EuroCham) proposed the Government to apply the 50 percent registration fee reduction to all automotive assembly firms, importers and dealers of new vehicles.


Enjoying incentives, prices of domestically-produced cars expected to drop

The Government’s decision to offer a zero-import tax rate on automobile components opens significant opportunities for the local industry to lower prices, enhance competitiveness and promote consumption.


Automakers may shift from manufacturing to importing due to COVID-19 pandemic

The automobile market will continue to face difficulties in restoring production if the COVID-19 pandemic persists.

Luxurious car brands forecasted to increase market share

The luxurious car market is expected to develop strongly this year, despite the automobile industry facing challenges due to the COVID-19 pandemic,...

MoIT issues regulations on auction of import tariff quotas on used autos

The Ministry of Industry and Trade (MoIT) on Monday issued regulations and an invitation to carry out an auction of import tariff quotas on used automobiles for this year.


Vingroup guarantees VinFast’s loans and bond issuance

Vingroup said it will guarantee payments worth VND30 trillion (US$1.3 billion) for the obligations of VinFast Manufacturing and Trading Co., Ltd. related to the issuance of corporate bonds and domestic and foreign loans in the 2019-20 period.


Vietnamese automobile industry needs special policies to raise competition

Vietnam needs to issue special policies for the automobile industry to catch up with other countries in the ASEAN region, said experts at a conference held in Hanoi on Tuesday.


Automobile sales in Vietnam can set new record in 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.


Online car sales not clicking with customers

With booming online sales, e-commerce exchanges have set their sights on the automotive industry.

VinFast joins ride-hailing market

Vietnamese automaker VinFast – a subsidiary of Vingroup – and FastGo Viet Nam Joint Stock Company signed an agreement on Thursday in Ha Noi to...

Taxes on imported cars from EU to fall to 0%

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.


Wheels in motion for road-use fees

 VietNamNet Bridge – The collection of annual road-use fees from motorists began in a few big cities yesterday, Jan 2.