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Czech automaker to build 500 million factory in Quảng Ninh

Czech automaker to build $500 million factory in Quảng Ninh

Czech automaker Skoda will complete a US$500 million factory in Quảng Ninh Province in the first quarter of 2025.
Domestic car production grew in 2024

Domestic car production grew in 2024

The numbers of domestically manufactured and assembled cars are forecast to grow, as manufacturers continue to expand in Việt Nam.
Domestic car production grew in 2024

Domestic car production grew in 2024

The numbers of domestically manufactured and assembled cars are forecast to grow, as manufacturers continue to expand in Việt Nam.
Cement manufacturers raise prices as electricity costs drive up inputs

Cement manufacturers raise prices as electricity costs drive up inputs

The price adjustment will see an increase of VNĐ50,000 per tonne for most companies, while The Vissai has set a smaller increase of VNĐ46,300 per tonne.
VAMA suggests changes in special consumption tax rates for EVs

VAMA suggests changes in special consumption tax rates for EVs

The proposed decrease in tax rates for self-charging hybrid electric vehicles (HEVs) with nine seats or fewer, as outlined in a draft law by the Ministry of Finance, appears to be a significant shift in tax policy, according to experts. 
May auto sales inch up 6 per cent

May auto sales inch up 6 per cent

During the five-month span, VAMA members sold a total of 108,309 autos, with the sales of domestically produced units falling 14 per cent and imported vehicles rising 8 per cent year-on-year.
Domestic auto sales inch up 6% in May

Domestic auto sales inch up 6% in May

Local auto sales in May increased 6 per cent from the previous month to 25,794 units, as dealers rolled out stimulus measures to spur consumption,
Local motorcycle market remains challenging in 2024

Local motorcycle market remains challenging in 2024

Việt Nam remains the world''s leading motorbike market, with over two-thirds of the adult population owning two-wheeled vehicles.
Hưng Yên prioritises Taiwanese semiconductor enterprises to invest in Industrial Park No. 5

Hưng Yên prioritises Taiwanese semiconductor enterprises to invest in Industrial Park No. 5

With an area of nearly 200 hectares, the industrial park has currently attracted 12 investment projects, including 10 Taiwanese enterprises with registered capital of about $150 million.
VN sees great potential for development of electric motorbikes

VN sees great potential for development of electric motorbikes

The potential for developing the electric motorbike market in Vietnam is significant. As the government encourages the adoption of electric vehicles and consumers become more conscious of environmental issues, there is a growing demand for electric motorbikes. 
Vietnamese auto market witnesses sales surge in March

Vietnamese auto market witnesses sales surge in March

According to the Vietnam Automobile Manufacturers’ Association (VAMA), its members sold a total of 27,289 units in March, up 135 per cent against February.
Local motorcycle manufacturers make shift towards niche market

Local motorcycle manufacturers make shift towards niche market

This shift was driven by several factors, including a decline in market demand and a need for innovation and differentiation.
Motorbike sales continue slump after Tết holiday

Motorbike sales continue slump after Tết holiday

There is usually a decline in sales after Tết due to increases before the holiday, according to industry insiders.
Automobile, motorbike supporting industries ripe for move to next stage

Automobile, motorbike supporting industries ripe for move to next stage

To deeply participate in the global supply chain, Vietnamese businesses are forced to improve their competitiveness, promote large-scale production and focus more on products with high technology content.
Several automobile manufacturers recall vehicles in 2023

Several automobile manufacturers recall vehicles in 2023

The recalls aim to address potential safety or performance issues and ensure the well-being of the customers.