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Finance Ministry rejects carmakers’ tax incentive proposals

HCMC - The Ministry of Finance has declined to support proposals put forth by Toyota and Ford to relax regulations and include certain auto...

Hanoi might charge cars entering inner-city area in 2024

HCMC – The Hanoi Public Transport Management Center has proposed charging vehicles entering the city’s downtown area from 2024 to reduce vehicular traffic. The center...

Hyundai car sales slip 6% in August

HCMC – Thanh Cong (TC) Group, the assembler of Hyundai vehicles in Vietnam, has said it saw a month-on-month drop of 6% in Hyundai...

McLaren set to enter Vietnam in 2nd quarter

HCMC – McLaren Automotive, a British automotive manufacturer, is set to tap the Vietnamese market in the second quarter of the year, the carmaker...

Auto imports from Indonesia, Thailand soar in Jan-Sept

HCMC - Vietnam imported more than 91,260 completely-built-up (CBU) cars from Thailand and Indonesia between January and September, surging by 62% year-on-year, according to...

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