Mazda Motor Corp said on Tuesday its Vietnamese partner would start assembling the Mazda2 subcompact at a new factory in central Vietnam from October, replacing imports from Japan.
In its official reply to the Ministry of Industry and Trade’s (MOIT) drafted automobile industry development program by 2020, the Ministry of Finance (MOF) states that there will be no tax incentives to the strategic car line.
Hyundai Thanh Cong Auto JSC is saying the Ba Ria-Vung Tau customs has calculated tariffs for its new imported cars based on prices higher than their actual import prices.
Buyers of new vehicles in Vietnam are increasingly turning to the Internet to search for information, according to the J.D. Power Asia Pacific 2011 Vietnam Sales Satisfaction Index (SSI) Study.
In a shocking expose, Vietnamese language newspaper Tien Phong has said US carmaker Ford Vietnam dismantled imported car kits and sold rusting and deteriorating parts to dealers around Vietnam three years ago.
The Vietnam Automobile Manufacturers’ Association (VAMA) reported a year-on-year rise of 10% in automobile sales with over 9,500 cars sold by VAMA’s members in August, mostly in small and multi-purpose vehicles.