Vietnam and India have substantial opportunities to cooperate in the automobile industry as Vietnam is accelerating FDI attraction in the sector, an official has said.

Vietnam and India have substantial opportunities to cooperate in the automobile industry as Vietnam is accelerating FDI attraction in the sector, an official has said.

Automobile sales in Vietnam posted a month-on-month increase of 30 percent and a year-on-year increase of 6 percent in November, announced the Vietnam Automobile Manufacturers’ Association (VAMA).

The Ministry of Finance (MoF) has proposed rescheduling excise tax payments for local automobile manufactures and assemblers.

VCN - As of July 15, automobile import turnover reached more than US$2 billion (up 107.7% over the same period last year).

VCN - Deputy Prime Minister Le Van Thanh assigned the Ministry of Finance to assume the prime responsibility for, and coordinate with relevant agencies in, reviewing the implementation of the ...

The 17th International Exhibition on Automobile, Transportation and Supporting Industry (Vietnam AutoExpo 2021) will take place at the Vietnam National Convention Centre in Hanoi from August 19 to 22, gathering ...

VCN - The Vietnamese auto market has unpredictable characteristics because of the strong impact of policies on production and business activities and customer psychology.

VCN - The Ministry of Finance recently issued Decision 1238 / QD-BTC on adjusting, amending and supplementing the price list for the calculation of registration fees for automobiles and motorbikes.

The General Department of Vietnam Customs gave instruction on the implementation of dossiers and procedures for applying tariff rates of 0% as prescribed in Decree 57/2020/ND-CP

VCN - Decree No. 57/2020 / ND-CP stipulates a preferential import duty rate of 0% for raw materials, supplies and components which have not been domestically manufactured.

VCN - In April, heavily influenced by the Covid-19 pandemic, the business results of automobile brands in Vietnam all decreased significantly.

VCN- The policy to improve the localization rate of domestically manufactured cars has had a positive impact on domestic manufacturing and assembly activities,however it no longer maintains advantages due to ...

The country has so far failed to develop core technology in automobile production, while locally-made spare parts such as inner tubes, tires, and seats contain very little technological content, according ...

Vietnam automobile industry is small compared to regional markets and local suppliers are asking for more support from the Government