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Made in Thailand cars overwhelm imported vehicles

The majority of cars imported into Vietnam last week were from Thailand, while cars from China remained absent for the second consecutive week.

Vinfast’s two new car models disclosed

The two cars are designed by Pininfarina under a $5 million contract to develop and manufacture cars following intellectual property rights acquired from BMW.

Sales of Thaco increased twofold Toyota Vietnam's in April

Truong Hai Automobile, a local automobile manufacturer, continued to lead the Vietnam automobile market in April 2018 with its sales being over twice the figure for Toyota Vietnam.

Toyota reveals its first import batch of 1,000 cars enjoying zero percent under AFTA

According to a representative of Toyota Vietnam, its first batch of duty-free cars could not reach Vietnam until this June.

Vietnamese-branded Vinfast announced 36 car designs

This is the first time a Vietnamese company has been involved in the production of electric cars, marking a breakthrough for the development and integration of the Vietnamese automobile industry and contributing to the opportunity of owning a car to a handful of Vietnamese people.

Decree No.116 still puts burden on European automotive enterprises

According to European Chamber of Commerce in Vietnam (EuroCham), Vietnam should conduct appropriate solutions to cut costs and administrative workload for automotive enterprises, aligning with the target of administrative reform in Vietnam as well as the objectives and principles of the EU - Vietnam Free Trade Agreement (EVFTA).

Prices of imported cars reduced after obstacles gradually being removed

Prices of Honda Vietnam’s 2,000 automobiles recently imported from Thailand have been announced to be thousand dollars lower than those of the previous shipments as the import tariff on automobiles has been reduced to zero per cent.

Government responds to the Decree 116 on harnessing automobile import

The incurring matters of the Government’s Decree No. 116/2017/ND-CP as well as the unavailable circular guiding the Decree have caused many difficulties to automobile importers.

“New barrier” on automobile import

The Government’s Decree No. 116/2017/ND-CP which came in full force and effect on January 01, 2018, is viewed as a “new barrier" to protect domestic automobile industry from the automobiles imported from ASEAN entitled to a zero per cent tariff, according to automobile importers and exporters.

VAMA Chairman: "It is forecasted in 2018 the demand for CKD automobile models will increase"

According to Toru Kinoshita, chairman of Vietnam Automobile Manufacturers' Association (VAMA) cum president of Toyota Motor Vietnam, under the impact of some conditions regulated in Decree 116, auto companies may face difficulties and have to postpone Complete Built Up (CBU) importation.

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