Lawyers and consumer advocates say that Toyota customers may have a case. Legal professionals in Vietnam say that Toyota Vietnam could face lawsuits or worse for failing to take immediate action on thousands of flawed cars floating around on the domestic market.
Local automakers and auto importers are aiming to bring small size and energy-saving cars to the local market to suit new conditions of higher oil prices and more crowded urban areas.
Da Nang Rubber Joint Stock Co (DRC) on May 6 started construction on Radial lorry tire manufactory with an estimated capacity of 600,000 units per year in Lien Chieu industrial zone, in the central city of Da Nang.
About 1,100 diplomatic vehicles sold to Vietnamese owners may be taxed at a rate of 20-30 percent of their value, the Ministry of Finance said yesterday.
After technical errors were found in about 8,000 Toyota Innova cars, Toyota Motor Viet Nam (TMV) has announced it will repair defective vehicle free of charge.
278 Camry 3.5 and Camry 2.4 cars have their bolts on the front tightened too much beyond standard and are to be recalled, said a latest Toyota document sent to Vietnam Register, an agency responsible for vehicles’ safety.
Asia's rapid economic ascent and growing influence in global economic governance means the region must promote itself to play a greater role in correcting major gaps
A number of symposiums was organised in Hanoi on May 3 as part of the ongoing 44 th Annual Meeting of the Asian Development Bank (ADB) Board of Governors.
The Asian Development Bank (ADB) was set to discuss measures to control regional inflation as its regular meeting which will take place in Hanoi, Vietnam, from May 3-5.