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Assembly related news updates
Toyota Vios HEV: Candidate for domestic assembly of 360 million USD
Toyota invested more than 360 million USD in the hybrid production line in Phuc Yen, but has not announced the assembly model yet. Vios HEV is likely to be in the top group; Innova Cross HEV is currently the best-selling hybrid car in Vietnam.
Car
Tax incentives for automobile supporting industries effective until December 31, 2027
The Government issued Decree No. 21/2025/ND-CP dated February 10, 2025 amending and supplementing Article 9 of Decree No. 26/2023/ND-CP on Export Tariff Schedule, Preferential Import Tariff Schedule, List of goods and absolute tax rates, mixed tax, and import tax outside tariff quotas.
Russia attacks Ukraine's drone boat assembly facility
Russia has carried out a series of attacks on a Ukrainian energy facility, as well as several military and defense industrial targets, including a facility that assembles naval drone boats, the Russian Defense Ministry has confirmed.
Ensure 4 principles when importing, manufacturing and assembling motor vehicles under the management of the Ministry of National Defense
The Ministry of National Defense issued Circular No. 67/2024/TT-BQP regulating the order and procedures for certifying the quality of technical safety and environmental protection of imported, manufactured and assembled motor vehicles under the management of the Ministry of National Defense, effective from January 1, 2025.
Officially reduce 50% of registration fee for domestically produced and assembled cars
The General Department of Taxation issued Official Dispatch No. 06/CD-TCT dated August 30, 2024 requesting Tax Departments nationwide to apply the registration fee rate for automobiles, trailers or semi-trailers pulled by automobiles and similar vehicles manufactured and assembled domestically according to the provisions of Decree No. 109/2024/ND-CP dated August 29, 2024 of the Government.
After the preferential registration fee ends, Vietnamese people reduce buying domestically assembled cars.
Domestically assembled car sales fell by more than half in the first month of 2024 when the preferential policy of reducing 50% of registration fees under Decree 41/2023/ND-CP no longer took effect.
Sales of domestically assembled cars unexpectedly decrease despite benefiting from 50% reduction in registration fees
The Vietnam Automobile Manufacturers Association (VAMA) said that sales of domestically assembled cars in July 2023 decreased by 12% compared to the previous month. This figure was given after Vietnam reduced registration fees by 50% from July 1.
The Government directed to reduce 50% of registration fees for domestic cars from July 1.
June 10, 2023 10:23
Deputy Prime Minister Le Minh Khai requested the Ministry of Finance to urgently draft a Government Decree on registration fees for domestically produced and assembled cars, reducing them by 50% and applying from July 1.
Domestically assembled cars "free fall"; Fertilizer prices drop 40% this year
May 31, 2023 06:44
(Baonghean.vn) - Domestically assembled cars are "in free fall"; Fertilizer prices may decrease by 40% this year; Pepper prices continue to increase in the Southeast... are today's market news.
Vietnam's auto market declines in the first month of the second quarter of 2023
May 13, 2023 09:18
Despite efforts to reduce prices, increase promotions and launch many new car models on the market, car purchasing power in April 2023 has seriously declined.
Many policy bottlenecks make car prices in Vietnam twice as high as in Thailand.
March 10, 2023 08:49
Car prices in Vietnam are nearly twice as high as in Thailand and Indonesia and higher than in the US and Japan, according to the Ministry of Industry and Trade, mainly due to taxes and fees.
The world's best-selling mini electric car is about to be assembled in Vietnam
February 18, 2023 09:44
Wuling HongGuang MiniEV, a mini electric car with 2 doors and four seats, will be manufactured, assembled and distributed in Vietnam through cooperation with a domestic company.
Car models moved to assemble in Vietnam, promising deep price reductions
February 7, 2023 08:43
In 2023, many car models from popular to luxury on sale in Vietnam will be switched from imported to domestically assembled. The conversion promises to make the selling prices of car models more attractive and more competitive.
Mercedes assembles sports cars in Vietnam for the first time
September 22, 2022 19:08
The first high-performance Mercedes-AMG model to be born at the company's factory in Go Vap (HCMC) will be the C 43 4Matic, in early 2023.
India continues to assemble iPhones from components imported from China despite tense relations between the two sides.
July 6, 2020 08:50
Indian customs has stopped blocking imports of goods from China, where iPhones continue to be manufactured.
Prime Minister Nguyen Xuan Phuc directed to reduce 50% of registration fees for domestically assembled cars.
May 23, 2020 08:12
Baonghean.vn - The Prime Minister directed to reduce 50% of registration fees when registering domestically produced and assembled cars until the end of 2020 to stimulate domestic consumption.
Vietnam spends more than 1.65 billion USD importing components for car assembly
June 25, 2019 05:57
Auto parts and components of all kinds imported to Vietnam in May increased by more than 12% compared to April.
How is the 'Made by Vietnam' satellite being assembled to be launched?
January 12, 2019 17:34
The MicroDragon satellite has been completed in every small detail and tested to ensure high precision, ready for launch on January 17.
The cost of exporting labor to Japan has decreased sharply. You need to know to avoid being scammed.
October 21, 2018 20:06
Currently, the cost of exporting labor to Japan has decreased a lot compared to previous years.
Tens of thousands of 0% tax cars flood in: Imported goods have good prices, domestic cars face difficulties
September 17, 2018 06:47
After overcoming the “barrier” of Decree 116, imported cars began to flood into Vietnam. Dozens of new imported car models, launched at the end of the year, in large numbers, are putting pressure on domestic cars.
Photos of the Soviet Union's first ballistic missile production released
September 5, 2018 15:39
The Russian Space Systems Corporation (part of the Roscosmos state corporation) has published unique photos of the construction of the first Soviet long-range ballistic missile R-1, tested 70 years ago, the corporation's press service told reporters on Wednesday.
The truth about the quality of Su-30 fighters produced by Irkut
August 11, 2018 21:36
Foreign customers integrating too much foreign equipment into Russian aircraft causes system conflicts
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