Japan's JFE withdraws from $3b Guang Lian steel plant project Japan's JFE withdraws from $3b Guang Lian steel plant project

JFE Group of Japan has announced it has cancelled its investment in the US$3-billion Guang Lian steel plant project at Dung Quat Economic Zone in central Quang Ngai Province.

SCPE invests $35 million in Golden Gate chain SCPE invests $35 million in Golden Gate chain

Standard Chartered Private Equity (SCPE) yesterday announced the acquisition of a significant minority stake in Golden Gate Trade and Services Joint Stock Company (Golden Gate).

Land plots dominate Nha Trang's residential market Land plots dominate Nha Trang's residential market

Nha Trang's residential market has more than 6,900 dwellings from 37 land plot, villa, townhouse and apartment projects, Savills Viet Nam has reported.

Launching of iPhone 6 excites Vietnamese market Launching of iPhone 6 excites Vietnamese market

The launching of Apple's iPhone 6 and iPhone 6 Plus has warmed up the Vietnamese market, as stores nationwide released information on the availability and prices of the two phones.

VinaMazda sets sales record in August VinaMazda sets sales record in August

(Sep 15, 2014)

VinaMazda achieved a sales record of 789 cars in August, a 123 per cent increase year on year, the company said in a statement.

Piaggio Vietnam recalls scooters over fuel pipe defect

Piaggio Vietnam has recalled 14,291 Vespa scooters manufactured between May 13, 2013, and January 10, 2014, to check and repair possible fuel pipe defects, according to Vneconomy.

Car sales continue long-run monthly growth

Viet Nam Automobile Manufacturers Association (VAMA) reported a sales increase of 59 per cent, 12,562 more units were sold this August than in August of last year.

New cars to rev up domestic market

The new versions of Honda City, Toyota Corolla Altis and Mercedes-Benz C-Class are among the cars expected to heat up the automobile market towards the end of the year.

Rolls-Royce launches showroom in Viet Nam

Rolls-Royce Motor Cars officially opened its showroom in the capital city to the public on August 27 as part of its continued expansion across the Asia-Pacific region.

Automobile imports surge despite slow growth

Viet Nam has bucked economic difficulties in August 2014 to achieve its highest level of car importation since 2011.

BMW recalls 1,189 vehicles for faulty airbags

Euro Auto, the official distributor of BMW in Viet Nam, announced on Tuesday that it was recalling 1,189 BMW E46 vehicles to replace faulty front passenger-side airbags.

Peugeot sells 1,000 bicycles in 1 year since riding back into VN

In nearly a year since returning to Viet Nam Peugeot has sold over 1,000 bicycles, according to Velo Chic, the French company's authorised distributor.

Doubts raised over budget car assembly plansclosed because of stagnant sales

A Vietnamese auto company's plan to assemble and sell the world's cheapest car in Viet Nam has been met with skepticism as the market seems lukewarm to cheap cars.

BMW World Expo 2014 opens in Viet Nam

The BMW World Exhibition and Expo 2014, which is being held in Viet Nam for the first time, officially opened on Thursday and will run until Sunday at Royal City here.

Car industry faces development roadblocks

Viet Nam's ambitious master plan for the development of its fledgling automobile manufacturing industry for 2020 to 2030, which the government recently endorsed, is facing major stumbling blocks.

Digitization: Emerging business trend of the centuryDigitization: Emerging business trend of the century

Roland Berger Strategy Consultants and DKSH have published their latest Global Market Expansion Services (MES) report, which highlights digitization and how it is impacting corporate business models. Leonard Tan, General Director, DKSH Viet Nam, speaks about the role of digitization in the MES industry.

Myanmar Speaker visit set to bolster ties Myanmar Speaker visit set to bolster ties

Economic ties with Myanmar are expected to strengthen following the visit to Viet Nam by the Speaker of the National Assembly, Thura U Shwe Mann, earlier this month.

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