Electric and hybrid vehicles are projected to continue experiencing strong growth in 2025 and the following years, with an expected growth rate of 25-30% in 2025, and...
Cars from the EU, Mexico, and Canada may flood other markets, including Vietnam, if a trade war with the US breaks out and exports to the US are hindered.
The Ministry of Industry and Trade has forecast that Vietnam's automobile market could grow by approximately 12% in 2025, with sales expected to reach 600,000 units.
After a strong surge in sales in September when the Vietnamese automobile market saw a 45% increase, an increase was still recorded in October, though at a more modest...
Facing the significant decline in auto market sales in the last months of 2023 and early 2024, the Ministry of Finance is asking for opinions from ministries, central...
The Vietnamese Government has recently disseminated a decree that extends the deadline for the payment of special consumption tax on domestically manufactured and...
Continuing the downward trend of 2023 (up to 25%), in the first 4 months of 2024, the number of cars consumed on the market is still falling to a worrying level, high...
Continuing the downward trend of 2023, the number of cars traded on the market in the first four months still decreased; the inventory was high; and auto makers and...
Customs Magazine organized a discussion on the topic "Vietnam's automobile industry implements the Free Trade Agreement: In which direction to develop?"
Many vehicle companies are experiencing severe decreases in sales, income, and profitability.
The Ministry of Finance has responded to the suggestions of Vietnam Automobile Manudacturers’ Association (VAMA) regarding the adjustment of reducing automobile volume...
To deeply participate in the global supply chain, Vietnamese businesses are forced to improve their competitiveness, promote large-scale production and focus more on...
The decline in the local auto market affected both domestically-produced and assembled vehicles, as well as imported vehicles, prompting car manufacturers to take action...
According to automotive industry forecasts, the automobile market will fall by over 30% in 2023 compared to 2022, equating to around 70,000 cars. These problems are...
The development strategy for Vietnam’s automobile industry to 2035, approved by the Prime Minister on July 16, 2014, identified this industry as an important driver of...
The automobile market at the end of this year is not looking very bright as people’s purchasing power has shrunk.
Việt Nam, as an open economy with multiple Free Trade Agreements (FTAs) in place, is committed to fulfilling its obligations in the automobile import sector.
Decree No. 26/2023/ND-CP dated May 31, 2023, of the Government on Export Tariffs, Preferential Import Tariffs, List of goods and absolute tax rates, mixed taxes, import...
The Ministry of Industry and Trade supporting the reduction of automobile registration fees is considered a positive effect to the auto industry in the context of the...
As Customs News informed, both Customs authority and enterprises are facing difficulties relating to regulations for classifying and identifying tax rates of imported...
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.
The Vietnam Automobile Manufacturers’ Association (VAMA) has announced that its members sold 25,159 vehicles in June, down 42% from May ending three consecutive months...
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