Automobile imports pick up speed

vietnam auto industry

More than 5,200 cars were imported into the domestic market in the first quarter of 2014, representing 1,400 units more than the comparable period last year, according to Vietnam Customs statistics. Auto imports in this period saw a year-on-year increase of 37% in volume. However, their value went up nearly 80% (around US$26.3 million) due to a large More...

by BTimes | Published 8 hours ago

Sale declines, motorbike manufacturers still set hope on VN market

More and more motorbike manufacturers have come to Vietnam. More and more motorbike models have been marketed. However, many products have been unsold, while the market is believed to be reaching a saturation point. Motorbikes More...

April 15th, 2014

Vietnam auto sales posts 12 straight month increase in March: VAMA

Sales of automobiles have recorded the 12th continuous month of increase in March,dddn.com.vn reported, citing data from the Vietnam Automobile Manufacturers’ Association (VAMA). In details, members of VAMA More...

April 14th, 2014

Toyota to recall 42,772 vehicles

Toyota Viet Nam (TMV) said it is preparing to recall 42,772 units of Innova and Fortuner for checking and replacing the spiral cable of driver’s airbag. The malfunctioning spiral cable may prevent the airbag More...

April 14th, 2014

Thaco overtakes Toyota Vietnam as biggest sales achiever

Local auto maker and assembler Truong Hai Auto Corporation (Thaco) has once again overtaken the long-time market leader Toyota Vietnam as the biggest sales achiever in the country. Thaco broke the domestic sales More...

April 14th, 2014

Transfer pricing makes cars more expensive in Vietnam

The automobile and car part manufacturing has the transfer pricing rate of 51 percent, the third highest to finance & insurance and textile & garment. The conclusion has been made by the Vietnam Chamber More...

March 24th, 2014

Car sales surge in February

The sales of domestically assembled cars in February jumped 72 percent from the same period last year, according to the Vietnam Automobile Manufacturers Association (VAMA). This is the 11th consecutive month when More...

March 17th, 2014

2014 auto sales likely to rise 9% year on year

The Vietnam Automobile Manufacturers Association (VAMA) has predicted that this year’s auto sales may reach a record high of 120,000 units, or 9% higher than 2013’s figure. VAMA reported that the domestic auto More...

March 15th, 2014

Automobile parts factory opens in Hoa Binh

Nissin Manufacturing Vietnam Co. Ltd. on March 14 opened a factory producing automobile and motorcycle spare parts in the northwestern mountainous province of Hoa Binh. The factory, located in Luong Son Industrial More...

March 15th, 2014

Consumer optimism revs up car sales

The number of imported cars in the first two months of this year increased sharply in terms of value and volume, according to the General Office of Statistics (GSO). The country imported 6,000 completely built units More...

March 12th, 2014