VIETNAM, INDIA HAVE POTENTIAL FOR AUTOMOBILE COOPERATION: INSIDERS

Vietnam and India have substantial opportunities to cooperate in the automobile industry as Vietnam is accelerating FDI attraction in the sector, an official has said. Hanoi (VNA) – Vietnam and India have substantial opportunities to cooperate in the automobile industry as Vietnam is accelerating FDI attraction in the sector, an official has said. Nguyen Anh […]

VIETNAM’S ELECTRIC VEHICLE MARKET SEES GREAT POTENTIAL

The Vietnamese electric vehicle market promises to be more exciting after many years of consumers saying no to hybrid and e-cars, industry insiders said. Hanoi (VNS/VNA) – The Vietnamese electric vehicle market promises to be more exciting after many years of consumers saying no to hybrid and e-cars, industry insiders said. Experts believe that Vietnamese […]

FORD VIETNAM SETS NEW MONTHLY, QUARTERLY SALES RECORDS

Ford Vietnam broke its monthly and quarterly sales records in the fourth quarter of 2022, with 13,329 cars sold, holding a market share of over 10%.    Hanoi (VNA) – Ford Vietnam broke its monthly and quarterly sales records in the fourth quarter of 2022, with 13,329 cars sold, holding a market share of over […]

VIETNAM POSTS ALL-TIME HIGH AUTO IMPORTS IN 2022

Vietnam posted an all-time high import of automobiles with 173,467 units valued at 3.84 billion USD last year, surpassing the previous record of about 160,000 units in 2021, reported the General Department of Vietnam Customs.   Hanoi (VNA) – Vietnam posted an all-time high import of automobiles with 173,467 units valued at 3.84 billion USD […]

AUTOMOBILE IMPORT-EXPORT MARKET IN VIETNAM: OVERVIEW

Vietnam’s Automobile Industry Background The current status quo of elevated car prices for the Vietnamese population proves that Vietnam is still “beating around the bush” related to the burdensome import tax policies.  This inactivity greatly affects the local market car price to be 3 or 4 times higher than that in more developed countries such […]