On 29th July 2011, BigBigTrans, a member of Uni-Bros. entered contract with AIA (Vietnam) Life Insurance Co. Ltd. to provide long-term Mercedes Benz sedan service on monthly basis.
Tax breaks and land lease incentives would be offered to boost the domestic auto industry with the aim of making auto production a key Vietnamese industry by 2020, according to a draft considered by the Ministry of Industry and Trade (MoIT).
Mitsubishi Motors Corp. on Monday began production of its Pajero Sport in Vietnam, where demand for sport utility vehicles is rising alongside the economy.
Honda Motor Co. said Monday it plans to build a third motorcycle plant Vietnam to boost its annual production capacity there by 500,000, to 2.5 million units.
Two-time Dakar Rally champion Hiroshi Masuoka on Sunday joined the “Experience Day with Pajero Sport” test-drive event organized by Mitsubishi’s authorized dealer Vina Star Motors in HCMC’s District 7.
Vietnam plans to set up a national automobile center in Chu Lai Economic Zone in Quang Nam province which will have the initial capital of 500 million dollars. A “super-incentive package” for the project has been suggested, which will benefit Truong Hai, Kia and Hyundai first.
Experts warned it was impractical for a developing country like Vietnam to dream of locally produced automobiles while deliberating an industry master plan for 2020 and a vision for 2030.