The first Kia Cerato-Forte rolled out from the Thaco Kia Auto Plant in Quang Nam Province late last week.
Tran Ba Duong, president and CEO of Truong Hai Auto Corporation (Thaco), said it was the first Kia car to be assembled outside Kia production lines in South Korea.
Located on 32ha in Chu Lai Economic Zone in [...]
The output of domestically-produced automobiles and motorbikes increased by 23.7 and 21.8 per cent, respectively, during the first seven months of the year, reported the Ministry of Industry and Trade.
During the period, 1.95 million motorbikes were produced by domestic firms, which was an increase of 350,000 units over the same period last year.
The ministry said [...]
Honda Viet Nam broke ground on a new housing project for its employees in the northern province of Vinh Phuc with a total investment of US$4.5 million.
Covering an area of 8.6sq.km, the project has four six-storey buildings, including sport and entertainment centres, and is expected to provide accommodation for 2,000 people.
The project is to complete [...]
Directorate H – Trade Defence of the European Commission (EC) has informed Vietnam that anti-dumping duties on bicycles will be removed as of July 1, 2010. This is good news for the bicycle industry.
Prior to July 2005, bicycles were one of the important industrial export items of Vietnam. At its peak, the number of bicycles [...]
Not everyone has enough money to purchase a brand new car. Some consumers also want a used car to practice driving before they buy a new one. All this explains why the used car market has developed so strongly.
There are many ways to purchase used cars, like reading newspaper ads or auto forums, purchasing cars [...]
Automobile imports fell in July compared with the previous month, and also against the same period last year.
In the first half of July, just 1,985 cars were imported – 200 units less than that in the same period last month – worth US$44 million, according to the General Department of Viet Nam Customs.
The Viet Nam [...]
Import turnover of completely built up (CBU) cars of all kinds in July 2010 is more likely to fall further compared to the previous month and the same period of last year.
According to recent statistics of the general Department of Customs, in the first half of July 2010, there were 1,985 CBU cars imported, worth [...]
The fact that large automobile manufacturers from around the world inject large sums of money into making cars with new modern and environmentally-friendly technologies in Thailand has grieved Vietnam automobile industry.
The American Ford Motor Company has announced a new investment package worth $450 million in a new modern automobile factory in Thailand. Prior to that, [...]
Along with positive business growth of Mercedes worldwide, Mercedes-Benz Vietnam (MBV) obtained good business results in the first half of the year in tandem with the local economy’s recovery. And the passenger vehicle segment alone posted sales growth of 30 percent.
The Vietnam Automobile Manufacturers Association (VAMA) says aggregate first-half sales in the car industry expanded [...]
There have been many times when Le Van Thanh Tung, a driver working for Bayer Viet Nam Company, had to drive around for two or three kilometres to find parking space in downtown HCM City.
After finding space, he said, “I had to sit under the baking sun to keep an eye on the car while [...]
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