Toyota Việt Nam and An Phát Holdings Group (APH) are striving to increase localisation rate of plastic spare parts from current 30 per cent to 45 per cent.
Toyota Viet Nam has asked the Vinh Phuc Province People’s Committee to lease 9.1 hectares of land in Phuc Yen city to expand its plant and increase its annual capacity from the current 50,000 units to 90,000 by 2023.
Last month, Toyota Viet Nam unveiled the recommended retail prices for its first shipment of cars imported from Indonesia at zero tax, and most of them are higher than before the policy of zero tariffs took effect.
Toyota Viet Nam is one of the first firms to ask the Ministry of Industry and Trade to issue business certificates in accordance with new Government Decree No 116/2017/ND-CP.
Viet Nam’s Ministry of Industry and Trade has announced a recall programme to check and replace airbag inflator modules in the front passenger airbag of Toyota Vios models produced and assembled by Toyota Viet Nam (TMV) and Toyota Yaris models...
Toyota Viet Nam yesterday awarded 115 scholarships worth VND690 million
(US$30,000) to excellent technical and environment students from
universities nation-wide.
The domestic automobile industry faces the risk of collapse, with both
consumers and manufacturers shifting to imports, according to the Tuoi
tre (Youth) newspaper.