Vietnam

In a bid to raise the localisation levels in domestically produced vehicles, Hanoi's Department of Industry and Trade has established a programme aimed at developing the automotive... 2008-06-25

Import taxes on completely built vehicles have been raised by the Vietnamese government in an attempt to cut the country's trade deficit. A government official has told local press... 2008-04-28

US carmaker Ford, already one of Vietnam's leading foreign investors, has announced plans to spend US$10mn on expanding its local production facilities. The expansion project, due... 2008-04-02

After four import tax cuts during 2007 reduced the traditionally high prices of new cars in Vietnam, it appears that an increase could be back on the cards. A 421% y-o-y increase... 2008-02-22

German premium carmaker Porsche has made its debut in Vietnam, after the first shipment of vehicles arrived on November 16. The arrival coincided with the introduction of lower import... 2007-12-17

Japan's Daihatsu has announced its departure from Vietnamese joint venture Vietindo Daihatsu Automotive Corp on the back of poor sales in the country. In May 2007, the joint venture,... 2007-06-21

In accordance with its World Trade Organisation (WTO) commitments, Vietnam will open up its automotive market to high-cylinder motorcycles (over 175cc) from May 31. At present, the... 2007-05-16

Positive stock market activity in the first quarter of 2007 has generated something of a turnaround in Vietnam's new vehicle market. Both domestically-produced and imported vehicle... 2007-04-30

Ford Vietnam has secured its largest ever contract, signing a deal to supply a premium taxi service. Under the terms of the contract, the company's local dealer Western Ford will... 2007-04-25

Price cuts among carmakers based in Vietnam, as well as lower tariffs for new imported vehicles have supported an upturn in the automotive market. BMI's latest Vietnam Automotives... 2007-02-23