Ford Vietnam adds 82 million USD in factory expansion project
Hanoi (VNA) – Ford Vietnam has announced an additional investment of 82 million USD (over 1.9 trillion VND) to expand its automobile factory in the northern province of Hai Duong.more
Thaco exports Vietnamese branded buses to Philippines
NDO/VNA – Truong Hai Auto Corporation (Thaco) held a ceremony in the central coastal province of Quang Nam on December 28 to hand over 15 Vietnamese branded buses for export to the Philippines.more
Vietnam sees car imports double
VnExpress By Dat Nguyen — Dwindling sales of locally assembled cars and rising sales of imports are causing local manufacturers to demand more tax incentives to compete.
In the first 11 months of the year sales of locally made vehicles fell by 13 percent year-on-year to 169,739 units, while that of imported cars doubled to 119,389, according to the Vietnam Automobile Manufacturers Association (VAMA).
Vietnam's VinFast eyes US market
New Straits Times — VIETNAMESE auto startup VinFast plans to invest up to US$2 billion (RM8.32 billion) to break into the lucrative United States auto market.
Vietnam’s richest man and billionaire Pham Nhat Vuong, who is charge of the new automaker, is so intent on exporting electric vehicles to the US in 2021 that he’s using his own funds to achieve it.
Auto market filled with gloom despite falling prices
VNA — Hopes of a big rise in car sales in October thanks to a steep drop in prices and the rollout of new models have been dashed, spreading more gloom about the sector’s health.more