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Vietnam News

Tan Chong Motor set to invest US$15m in Vietnam

Tan Chong Motor set to invest US$15m in Vietnam

15/12/2009 09:13 am
Malaysia's Tan Chong Motor Holdings Bhd has received Vietnam's go-ahead to set up a subsidiary that will manufacture and assemble buses, trucks and cars. The company's total investment is expected to be US$15 million (RM50.9 million).

Vietnam’s small auto industry ‘destined to grow’

Vietnam’s small auto industry ‘destined to grow’

15/12/2009 09:12 am
Motor Image Vietnam general director Jonathan Tan tells Thanh Nien Weekly his firm’s introduction of Subaru in Vietnam will be supported by a middle class that has continued to buy up cars despite the economic crisis.

Vietnam awards GM Daewoo unit with labor medal

Vietnam awards GM Daewoo unit with labor medal

14/12/2009 09:33 am
The Vietnamese government awarded Friday a state medal to GM Daewoo Auto & Technology Co., honoring its business achievements and contributions in the Southeast Asian country, the company said and Yonhap News reported.

Vietnam car makers unhappy with chosen strategic model

Vietnam car makers unhappy with chosen strategic model

14/12/2009 09:32 am
Vietnam’s national car association has expressed its disapproval of a recent proposal by the Ministry of Industry and Trade to promote cars with 6-9 seats and small engines as the country’s strategic product line.

VAMA suggests setting up “strategic car” research team

VAMA suggests setting up “strategic car” research team

11/12/2009 08:26 am
The Vietnam Automobile Manufacturers’ Association (VAMA) has proposed setting up a research team with the aim of setting the strategic car line for Vietnam.

Auto local content strategy is a bust

Auto local content strategy is a bust

10/12/2009 09:04 am
Finance Ministry inspectors have wrapped up their work at the plants of six automobile assembly plants. They found that the localization strategy on which Vietnam has put high hopes has fallen far short of its goals.

Domestication rate of car production industry remains low

Domestication rate of car production industry remains low

10/12/2009 09:04 am
The reasons lifting Vietnam's car prices to the highest level in the world are low domestication rate and high tariff, which has pushed the country's automobile domestication policy closer to the bankruptcy dilemma, Ministry of Finance's inspectors said.

Automobile Registration Fee to Rise to 15%

Automobile Registration Fee to Rise to 15%

09/12/2009 09:06 am
Houses, automobiles, ships, motorcycles and other commodities will have a new registration fee, according to a draft circular on registration fee compiled by the Ministry of Finance.

Vietnam Nov auto sales leap 132 pct year/year

Vietnam Nov auto sales leap 132 pct year/year

09/12/2009 09:03 am
Auto sales in Vietnam in November leapt 132 percent from a year earlier to 12,259 units after a jump of 103 percent in October, an industry report said on Tuesday.

The party’s over for Vietnam’s auto importers

The party’s over for Vietnam’s auto importers

08/12/2009 09:04 am
Autos will surely be high on the list of those ‘nonessential imports’ that Vietnam aims to curb.


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