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automotive industry
Latest news related to the automotive industry
Proposal to extend special consumption tax on domestic cars
The Ministry of Finance said it has submitted to the Government a plan to extend special consumption tax (SCT) on domestically produced and assembled cars.
Car
Which sectors spend the most on digital transformation?
(Baonghean.vn) - According to the newly published White Paper by global market research and analysis company ABI Research, the four sectors spending the most on digital transformation include automobiles, electronics, oil and gas, and consumer goods.
'Vietnam has the potential to become a factory of the world'
According to seekingalpha.com, Vietnam has a number of macro-level advantages to take advantage of production shifting opportunities due to COVID-19, as well as welcome many companies to move their production facilities to Vietnam.
Why are car prices in Vietnam so expensive?
Why are car prices in Vietnam currently high compared to other countries, including developing countries as well as neighboring countries...
US confirms postponement of military exercises with South Korea; Ferry disaster in Indonesia
(Baonghean.vn) - The world over the past 24 hours has been filled with outstanding news such as: Russia upgraded its nuclear arsenal near the NATO border; Trump said the US will not become a 'migrant camp'; Mr. Kim held talks with Mr. Xi in China; 128 people went missing in the ferry disaster in Indonesia; The Pentagon confirmed the postponement of the August military exercise with South Korea...
Continuously decreasing, car prices in Vietnam are still higher than in Thailand
Car prices in Vietnam are nearly twice as high as in Thailand, and this figure is even higher when compared to countries with stable auto industries such as the US and Japan. The biggest reason for high car prices in Vietnam is due to high taxes and fees.
Ministry of Finance proposes new tax plan for cars with less than 9 seats
If the Ministry of Finance's proposal is approved by the Government, domestic cars will decrease in price if the localization rate increases, and taxes on spare parts and components may be reduced to 0%.
Sour auto industry
April 17, 2015 14:45
In a recent press conference, the General Director of Toyota Vietnam (TMV) gave information that, although not new, was quite sensitive and caused turmoil in the automobile market.
Approving the Strategy for the Development of Vietnam's Automobile Industry
July 18, 2014 10:49
The strategy for developing the Vietnamese automobile industry to 2025, with a vision to 2035, sets a target that by 2035, the number of domestically produced and assembled vehicles will account for about 78% of domestic demand, while the total number of exported vehicles will reach about 90,000 units...
The auto industry struggles with strategic vehicle lines.
March 31, 2014 11:17
Many opinions lean towards 16-24 seat passenger vans because they are suitable for public transport and traffic infrastructure.
What to do for the development of the automobile industry?
March 2, 2014 14:41
With an automobile assembly industry, a small market, with many complicated policies - while the roadmap for import tax rate of complete automobiles from ASEAN countries to Vietnam is 0% in 2018 is near - what solution is there for businesses investing in the automobile industry to survive and develop?
The auto industry is not just about cars.
February 19, 2014 10:11
In terms of products, the automobile segment seems to be naturally considered the face of the Vietnamese automobile industry.
Auto industry: Struggling to find a way out
February 10, 2014 14:38
Our country's automobile industry has 18 FDI enterprises and 38 domestic enterprises participating in production and assembly with a capacity of about 460,000 vehicles/year. But in general, the development of the automobile industry is still limited, mainly stopping at rudimentary assembly stages, the localization rate is too low, making the price of domestic cars too high. What is the way out for the automobile industry is still a big question.
Bankruptcy of the auto industry: No growth
October 22, 2013 10:43
Pure... assembly
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