Car sales rocket after registration fee cut

An auto assembly line at Trường Hải Auto Corporation at Chu Lai Open Economic Zone in Quảng Nam Province. — VNA/VNS Photo ​   After the Government’s move to lower car registration fees by half took effect more than a week ago, the domestic car market has picked up. Prime...

INEOS reveals exterior design of Grenadier

January-June imported cars drop in volume and value

TMV opens new dealership in Da Nang

Enjoying incentives, prices of domestically-produced cars expected to drop

Prime Minister cuts registration fee for locally-manufactured car buyers

Thaco eyes increase in exports of auto accessories

Automakers may shift from manufacturing to importing due to COVID-19 pandemic

Luxurious car brands forecasted to increase market share

Car sales rocket after registration fee cut

An auto assembly line at Trường Hải Auto Corporation at Chu Lai Open Economic Zone in Quảng Nam Province. — VNA/VNS Photo ​   After the Government’s move to lower car registration fees by half took effect more than a week ago, the domestic car market has picked up. Prime Minister Nguyen Xuan Phuc decided […] Read more »

INEOS reveals exterior design of Grenadier

The Grenadier. — Photo Courtesy INEOS Automotive INEOS Automotive on Wednesday revealed the exterior design of the Grenadier, its forthcoming 4×4 vehicle. Built from the ground up on an all-new platform, the car has been designed to be a rugged, capable and comfortable go-anywhere working vehicle, the company said in a release. Toby Ecuyer, head […] Read more »

January-June imported cars drop in volume and value

An imported car on display at the Vietnam Motor Show 2018. The domestic automobile market is expected to prosper in the last six months of the year and domestic automakers have the opportunity to develop. — VNA/VNS Photo Tran Viet Viet Nam imported more than 38,000 cars of various types, worth a total US$846 million, […] Read more »

TMV opens new dealership in Da Nang

A corner of Toyota Okayama Da Nang’s showroom in the central city of Da Nang. Toyota Vietnam Motor (TMV) on Friday officially opened Toyota Okayama Danang in the central city of Da Nang, bringing the total number of Toyota authorised dealers and branches to 65. This is part of TMV’s expansion plan of its dealer […] Read more »

Enjoying incentives, prices of domestically-produced cars expected to drop

Vinfast automobile factory. The Government’s moves to offer a zero import tax rate on automobile components were expected to help lower prices of domestically-produced cars. — Photo kinhtenongthon.vn The Government’s decision to offer a zero-import tax rate on automobile components opens significant opportunities for the local industry to lower prices, enhance competitiveness and promote consumption. […] Read more »

Prime Minister cuts registration fee for locally-manufactured car buyers

Customers at a car showroom in Ha Noi. Customers will benefit from a cut to registration fees after buying locally-manufactured and assembled cars from now to the end of this year. — Photo baogiaothong Prime Minister Nguyen Xuan Phuc will cut 50 per cent of registration fees for locally-manufactured and -assembled cars from now to […] Read more »

Thaco eyes increase in exports of auto accessories

An assembly line for auto seats at Autocom’s plant in the Thaco Chu Lai Industrial Zone in Quang Nam. — Photo courtesy of Thaco Thaco Auto Seat Plant (Autocom) is expected to earn US$10.5 million from exports this year, up from $6.2 million last year. The 12,000sq.m Autocom in the Thaco Chu Lai Industrial Zone […] Read more »

Automakers may shift from manufacturing to importing due to COVID-19 pandemic

A Honda SH imported from Italy. — Photo baogiaothong The automobile market will continue to face difficulties in restoring production if the COVID-19 pandemic persists. The information was part of a document submitted to the Ministry of Planning and Investment by Honda Vietnam CEO Keisuke Tsuruzono recently, in which it reported on the operations of […] Read more »

Luxurious car brands forecasted to increase market share

Thaco is now the official distributor of BMW in Viet Nam. The luxurious car market is expected to heat up in the country. — Photo BMW Vietnam The luxurious car market is expected to develop strongly this year, despite the automobile industry facing challenges due to the COVID-19 pandemic, causing automakers to suspend or reduce […] Read more »

Ford Viet Nam recalls nearly 11,800 pickups and SUVs

Ford Ranger pickups on the road. Nearly 11,800 Ranger and Ranger Raptor pickups and Everest SUVs have been recalled to fix faults. — Photo dantri Ford Viet Nam is recalling nearly 11,800 Ranger, Everest and Ranger Raptor cars using 2.0L Bi-Turbo engines due to broken gear oil pumps. The recall aims to update the software […] Read more »

Auto imports see record drop in Q1

Customers look for a car at an auto showroom. — Photo vietnamplus.vn Viet Nam imported 8,000 cars worth US$163 million in March, according to the General Department of Customs. The figures were down 22 per cent in volume and 26.6 per cent in value respectively compared to the previous month. It was estimated that auto […] Read more »

Nissan Viet Nam halts operation as of April 5

Nissan Viet Nam declared a temporary shutdown as from April 5. — Photo nissan.com.vn Nissan Viet Nam has declared a temporary shutdown from April 5 amid the complex developments of the COVID-19 pandemic. A representative of the automaker said its factory in the central city of Da Nang would halt operations, while its dealers in […] Read more »

THACO exports 40 Kia Grand Carnival cars to Thailand

Kia Grand Carnival cars are loaded onto containers at the THACO – Chu Lai Industrial Park in Quảng Nam Province for export to Thailand. — Photo courtesy of THACO ​   Truong Hai Auto Corporation, or THACO, has exported 40 Kia Grand Carnival cars to Thailand. The vehicles, which have 2.2L diesel engines, were manufactured […] Read more »

Ford’s Transit vans run on green fuel made from cooking oil

US automaker Ford has recently approved the use of hydro-treated vegetable oil (HVO) in its Transit vans. This renewable diesel fuel is based on waste oils, including used cooking oil that can be sourced from restaurants, takeaways, and even kitchens at home, the company said. The use of HVO, or renewable diesel, in place of conventional fossil fuels can […] Read more »

Bach Viet to build auto assembly and manufacturing complex in Thua Thien-Hue

Chân Mây Port in the Chân Mây Lăng Cô Economic Zone. The Bách Việt JSC is approved in principle to develop an auto assembly and manafacturing complex. — Photo tuoitrethudo.com.vn ​The authorities of Thua Thien-Hue Province on January 30 handed over a decision approving in principle to the Bach Viet Automobile Manufacturing Industry Joint Stock Company […] Read more »

Ford Vietnam launches new versions of Ranger, Everest

The 2020 Ford Ranger. — Photo Courtesy of Ford Vietnam Ford has introduced new versions of the Ranger and Everest in Viet Nam with significant changes in both exterior design and technological features. The US company has also launched the Ranger Limited at VND799 million (US$35,000). “The Ranger still maintains its leading position in Viet […] Read more »

Ford sales on overdrive in 2019

Ford announces to sell over 32,000 units in 2019. — VNS Photo Ford Vietnam announced record sales in 2019, with a 31 per cent surge taking the number to 32,175 units. An exceptional December performance capped the record year as sales rose 17 per cent to 3,095 vehicles, the US company said. The year included […] Read more »

Over 67,000 orders for VinFast vehicles in 2019

VinFast’s car manufacturing complex. — VNA/VNS Photo VinFast Trading and Production LLC, a subsidiary of Vietnamese conglomerate Vingroup, has reported it had received over 17,000 orders for VinFast cars, and 50,000 others for electric motorcycles in 2019. The company launched its first electric scooter Klara in November 2018, and to date, three more brands have […] Read more »