Deputy Prime Minister Le Van Thanh has asked the Ministry of Industry and Trade to study policies to promote the development of the domestic automobile industry, in line...
Vietnam’s automobile production can be recognized as a low value-added industry with a localization rate of only 5% in 2020.
The pent-up demand and the preferential policy from the Government would support passenger cars to bounce back since 4Q21-22, VNDirect said.
To understand the potential impact of supply chains on carbon emissions, two industries are particularly revealing: textiles and automobiles.
Vietnam’s automobile sales have borne the brunt of COVID-19 and saw a record low in August since 2015.
To promote domestic automobile production, the State has issued many preferential policies, including tax and registration fee reductions.
Semiconductor chip shortage has caused a crisis for major automobile producers in the world, forcing them to suspend production and extend the time to...
The Ministry of Finance is collecting opinions from ministries and sectors about a draft Government report relating to the proposal to continue the preferential tariff...
Despite the complicated development of the pandemic, Vietnam's auto market is still performing quite well. In the first five months of the year, automobile sales of VAMA...
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