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automotive industry

Automotive Industry News Updates

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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.

Which sectors spend the most on digital transformation?

(Baonghean.vn) - According to the new White Paper published 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 some macro advantages to take advantage of the production shift opportunity due to COVID-19, as well as welcome many companies to move their production facilities to Vietnam.

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