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Vietnam News

Gloomy future for spearhead industry

Gloomy future for spearhead industry

05/07/2012 12:54 pm
Auto traders said the industry could not prosper when taxes and fees stay high, whereas Vietnam has determined the automotive industry as one of the spearhead industries to develop until 2020.

Rolls-Royce to drive luxury market

Rolls-Royce to drive luxury market

13/06/2012 09:07 am
Rolls-Royce is looking for dealers to drive the distribution of its luxurious Phantom and Ghost models in Vietnam.

Auto sales down, auto production suspended

Auto sales down, auto production suspended

12/06/2012 10:13 am
Consumers have never before witnessed so many automobile sales promotion campaigns like these days. Sharp price reductions of 30-100 million dong have been offered to car buyers.

Auto sales drop hits tax revenues

Auto sales drop hits tax revenues

11/06/2012 10:00 am
State budget revenues from the automotive sector are predicted to further dip as auto sales in April dropped substantially, according to a report by the Vietnam Automobile Manufacturers Association (VAMA).

Auto sales declined

Auto sales declined

08/06/2012 10:48 am
Car sales have fallen to an alarming level so far this year, says the Viet Nam Automobile Manufacturers' Association.

April-Disappointing month for local auto sales

April-Disappointing month for local auto sales

07/06/2012 11:14 am
Total auto sales in April decreased by 20 percent from March and 37 percent from the same period last year, says the latest report by the Vietnam Automobile Manufacturer’s Association (VAMA).

1,200 diplomatic cars to pay tax arrears

1,200 diplomatic cars to pay tax arrears

06/06/2012 09:25 am
The Ministry of Finance said it has completed collecting feedback from relevant ministries and agencies on its proposal to collect taxes in arrears from cars bearing diplomatic plates owned by non-diplomats in the country.

Expensive cars dislodged from Vietnam, low-cost cars flood the market

Expensive cars dislodged from Vietnam, low-cost cars flood the market

05/06/2012 09:28 am
The Vietnamese automobile market, which once cooled down after the news about the tax and fee increases, has warmed up again with the appearance of small size cars, brand new and very cheap.

State budget loses 4.36tr dong on car import drop

State budget loses 4.36tr dong on car import drop

28/05/2012 02:14 pm
A 51 percent decline in import value of completely built-up (CBU) cars has brought a total revenue loss of 4.36 trillion dong to the State budget in the first four months of the year, said a report announced by the Vietnamese Ministry of Finance.

Motorbike fires spark fear

Motorbike fires spark fear

25/05/2012 10:52 am
Failure to find their cause is even more scary than the mysterious fires that have destroyed hundreds of vehicles on Vietnamese streets


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