The Vietnamese automobile market is said not to be really stable because of negative impacts incurred by requirements of Decree No.116/2017/ND-CP, threatening security of thousands of jobs.
The increased investment on the part of firms could be seen as a vote of confidence in the government’s leadership, Prime Minister Nguyen Xuan Phuc said at the Vietnam Business Forum (VBF) recently held.
According to Vietnam Business Forum (VBF), the priority is to increase the size of the market to ensure that the car industry will be maintained in the future.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
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