The Le Monde newspaper of France has recently posted an article reporting that VinFast automaker of Viet Nam’s conglomerate Vingroup has entered the high-end electric car market in Europe, as it is expected to launch two models in France and...
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.
Deputy Prime Minister Trinh Dinh Dung has asked South Korean carmaker Hyundai Motor Company to promote technology transfer to its local partners in Viet Nam and increase its localisation rate to a minimum of 40 per cent.
On Thursday, the Republic of Korea’s carmaker Hyundai Motor Company said it will set up a joint venture (JV) with Vietnamese firm Thanh Cong Group to boost sales in the emerging market, according to news website Yonhap.
Record sales for the third consecutive year in Viet Nam and the Philippines helped US carmaker Ford achieve a 11 per cent increase in sales in ASEAN countries last year.