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Vietnam News

Vietnam CBU automobile import -20.5% to $76Mln in Feb

Vietnam CBU automobile import -20.5% to $76Mln in Feb

02/03/2011 10:08 am
Vietnam is estimated to import $76 million worth of 4,500 complete built unit (CBU) automobiles in Feruary, sharply falling by 20.5% on-month for value and 17.8% for quantity

What do VIPs use super cars for?

What do VIPs use super cars for?

01/03/2011 09:26 am
Super cars by well known brands have appeared in Vietnam, from Lamborghini, Rolls Royce to Bentley, Porche and Audi. However, it may be a surprise to manufacturers and many other people that Vietnamese businessmen do not want others to know about their cars, which they buy not for use, but for their collections.

Luxury Cars Run With Deluxe Services

Luxury Cars Run With Deluxe Services

28/02/2011 09:26 am
Many five-star hotels and luxury resorts have equipped modern, deluxe conveniences to improve their services. Mercedes-Benz Vietnam sees this as a great potential market for its luxury sedans.

Motorbike imports soar in January

Motorbike imports soar in January

25/02/2011 09:36 am
Imports of motorbikes in Vietnam reached an all-time high of 16,599 units worth US$27.78 million in January.

Car prices escalating on more expensive dollar, car sales slow down

Car prices escalating on more expensive dollar, car sales slow down

24/02/2011 10:12 am
Sharply increasing car prices following the dong/dollar exchange rate adjustment are taking the car market by storm. However, the price increases are not making traders happy.

Car importers knocked sideways by forex rates

Car importers knocked sideways by forex rates

23/02/2011 09:17 am
The local currency’s devaluation spells bad news for car importers in coming months. Last week, the price of imported Toyota cars was increased by up to VND101 million ($4,900) after the State Bank bumped the reference USD/VND forex rate’s mid point to VND20,683 per dollar.

Dong fall sends car prices up

Dong fall sends car prices up

22/02/2011 09:26 am
The sharp increase of the U.S. dollar against the Vietnamese dong has prompted auto manufacturers, importers and dealers to push up prices of almost all imported and locally assembled cars.

Car sales jump 48 pct year/year in Jan-industry

Car sales jump 48 pct year/year in Jan-industry

21/02/2011 09:16 am
Car sales in Vietnam in January rose for the first time in seven months, jumping 48 percent from a year ago to 10,424 units, the Vietnam Automobile Manufacturers' Association (VAMA) said on Wednesday.

Toyota unveils price hikes

Toyota unveils price hikes

18/02/2011 09:16 am
Toyota Motor Vietnam announced price increases Tuesday following the sharp devaluation of the dong against the US dollar.

Import cars will dominate the Vietnamese market?

Import cars will dominate the Vietnamese market?

17/02/2011 09:14 am
With unsatisfactory sales result in 2010, a big worry about the increases of the imports on the domestic market in 2011 has appeared vividly to the members of the Vietnam Automobile Manufacturers’ Association VAMA.


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