Thai Binh eyes large-scale automobile plant next year

Monday, Sep 19, 2022

Financed by the Ha Noi-based Geleximco Group, the factory will be divided into two stages with the first one, valued at VND7 trillion, to begin in the first quarter of 2023.

VAMA sets plans to develop local electric vechicles

Sunday, Sep 19, 2021

Electric cars are an irreversible trend in the auto industry and are expected to grow strongly. To take advantage of this, the Vietnam Automobile Manufacturing Association (VAMA) has outlined plans to develop the local electric car industry.

Bach Viet to build auto assembly and manufacturing complex in Thua Thien-Hue

Friday, Jan 31, 2020

The authorities of Thua Thien-Hue Province on January 30 handed over a decision approving in principle to the Bach Viet Automobile Manufacturing Industry Joint Stock Company to develop an automobile assembly and manufacturing complex in the province.

Tax incentives given to automobile manufacturers, electric car imports

Saturday, Nov 16, 2019

Prime Minister Nguyen Xuan Phuc has instructed the Ministry of Finance to look at taxes and fees related to automobile manufacturing and assembly.

New Peugeot manufacturing plant debuts in Quang Nam

Monday, May 06, 2019

The luxury European car brand''s plant, which cost VND4.5 trillion (nearly US$200 million), was designed with a total capacity of 20,000 cars per year for domestic use and export.

VinFast automobile factory to become operational in June

Tuesday, Apr 16, 2019

Vietnamese automaker VinFast announced on Tuesday that the firm will officially put its automobile manufacturing factory into operation in June this year, three months earlier than scheduled.

MoIT wants to cut tax for locally produced auto parts

Thursday, Oct 25, 2018

The Ministry of Industry and Trade (MoIT) wants to take advantage of market and policy opportunities to promote automobile manufacturing projects of domestic automakers including Truong Hai Auto Corporation (Thaco), Thanh Cong Group and VinFast.

Mitsubishi plans to make electric cars in Viet Nam

Thursday, Aug 30, 2018

Japan’s Mitsubishi Corporation plans to invest in an electric automobile manufacturing factory in Viet Nam, said Executive Vice President Hiroshi Sakuma during a meeting with Vietnamese Deputy Prime Minister Vuong Dinh Hue in Ha Noi on Wednesday.

PM attends inaugural ceremony of Thaco Mazda plant

Monday, Mar 26, 2018

Truong Hai Auto JSC (Thaco) inaugurated the Thaco Mazda automobile manufacturing plant, the biggest and most modern Mazda factory in Southeast Asia, on March 25.

Vingroup, Siemens boost technological co-operation

Thursday, Sep 07, 2017

Vingroup will co-operate with Siemens in applying innovative technologies and solutions for projects in three fields - automobile manufacturing, building and residential development, and hospitals.

Work starts on automobile manufacturing complex

Saturday, Sep 02, 2017

PM Nguyen Xuan Phuc attended a ceremony in the northern port city of Hai Phong to start the construction of the first Vietnamese automobile manufacturing complex in Dinh Vu – Cat Hai economic zone.

New regulations needed for car industry: official

Sunday, Nov 06, 2016

It is necessary to place automobile manufacturing, assembly and import in areas where enterprises must satisfy specific conditions to do business in, Deputy Minister of Planning and Investment Dang Huy Dong said on Tuesday.

Viet Nam keen on Japanese investment in auto manufacturing

Friday, May 20, 2016

Viet Nam wants Japanese firms to invest in its automobile manufacturing, with a focus on spare parts and support industry.

Thaco cuts prices of trucks and cars

Monday, Feb 29, 2016

The Truong Hai Automobile Joint-Stock Company (Thaco) has reduced the price of 19 locally made trucks and Mazda 3 and Mazda 6 by VND4 million (US$178) to VND41 million ($1,822).

Car industry faces development roadblocks

Wednesday, Aug 20, 2014

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.