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