Taiwanese motorbike factory opens
(May 21, 2015)
The Taiwanese motorbike producer Kymco Group opened a $20 million
factory at the Dai Dang Industrial Park in southern Binh Duong Province
Honda Viet Nam has proposed that the Government develop measures
to support local automobile manufacturers to assure they can compete with
China took the lead in exporting completely built units (CBUs) to Viet
Nam in the first quarter of this year, according to the Viet Nam General
Department of Custom.
Imported cars are expected to become more expensive by around 5 per
cent if the finance ministry's draft plan to adjust the calculation of special
consumption tax on imported automobiles is approved.
The Hoang Huy Investment Financial Services Joint Stock Company (HHF)
has been appointed as the authorised distributor for the US-based
International Truck and Engine Corporation, Navistar Inc.
April was a positive month for Vietnamese auto sales, though carmakers
have claimed difficulties conducting business in the country's unstable
and undeveloped automobile industry.
Ford Viet Nam's sales continued to grow at a scorching pace in April,
with the US auto maker reporting another monthly record of 1,740 units
following record sales a month earlier.
Suitable incentives were essential to enhancing the competitiveness of
enterprises in the support industry to develop the domestic automotive
sector, according to Chairman of the Viet Nam Federation of Civil
Engineering Association Do Huu Hao.
Honda Vietnam would have to pay VND182 billion in tax arrears after the
tax department discovered violations at the company, a finance ministry
The country's first ever "Bus Care Day," organised by tyre maker Bridgestone Viet Nam and auto service company Benh Vien O To (BVOT Group), begins on April 24 at the Eastern Bus Station in HCM City.
Toyota Motor Viet Nam (TMV) yesterday introduced its new Camry
Generation 2015, saying that it carries more advanced safety measures
that make it more suitable for Vietnamese consumers and Vietnamese