Vietnam urges Toyota, Honda to switch to producing hybrid vehicles

Vietnam urges Toyota, Honda to switch to producing hybrid vehicles

Toyota and Honda should draft detailed plans to switch their production in Vietnam from petroleum vehicles to hybrid ones, said Tran Duy Dong, Chairman of Vinh Phuc province.

Industries - Tue, November 12, 2024 | 10:56 am

Vietnam electronic components hub Vinh Phuc province seeks more hi-tech investments

Vietnam electronic components hub Vinh Phuc province seeks more hi-tech investments

Vinh Phuc province in northern Vietnam, which has emerged as a favored destination for electronics ancillary companies, is seeking to attract more high-tech manufacturers.

Industries - Mon, August 26, 2024 | 1:00 pm

Vietnam auto sales down 2% in H1, up 12% in June

Vietnam auto sales down 2% in H1, up 12% in June

Members of the Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 134,884 units in the first half of 2024, down 2% year-on-year.

Companies - Thu, July 11, 2024 | 3:34 pm

Honda Motor to reduce car production in Thailand

Honda Motor to reduce car production in Thailand

Honda Motor announced on Tuesday that it will cease vehicle production at its Ayutthaya factory in Thailand by 2025 to focus on consolidating operations at the Prachin Buri plant, also in the Southeast Asian country.

Southeast Asia - Thu, July 11, 2024 | 9:55 am

Vietnam Jan-April auto sales down 11% to 82,515 units

Vietnam Jan-April auto sales down 11% to 82,515 units

Affiliates of the Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 82,515 units in the first four months of 2024, down 11% year-on-year.

Companies - Sat, May 11, 2024 | 8:33 pm

Vietnam builder PC1 to expand industrial park portfolio amid rising FDI

Vietnam builder PC1 to expand industrial park portfolio amid rising FDI

PC1 Group Joint Stock Company, listed on the Ho Chi Minh Stock Exchange as PC1, has plans to expand its industrial park (IP) portfolio by 1,500-3,000 hectares by 2030 as foreign investment in Vietnam continues to rise.

Industrial real estate - Sat, March 16, 2024 | 11:27 am

Vietnam’s Jan-Feb auto sales down 23%

Vietnam’s Jan-Feb auto sales down 23%

The Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 30,876 vehicles in the first two months of 2024, down 23% year-on-year.

Companies - Wed, March 13, 2024 | 7:27 pm

Agricultural machinery major VEAM banks on term deposits

Agricultural machinery major VEAM banks on term deposits

Financial revenue was the main bright spot for the state-owned Vietnam Engine and Agricultural Machinery Corporation (VEAM) in 2023.

Companies - Thu, February 15, 2024 | 10:05 pm

Vietnam’s 2023 auto sales fall 25% to 301,989 units

Vietnam’s 2023 auto sales fall 25% to 301,989 units

The Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 301,989 vehicles in 2023, down 25% year-on-year.

Companies - Sun, January 14, 2024 | 7:00 am

Vietnam auto sales down 29% in 11 months to 263,249

Vietnam auto sales down 29% in 11 months to 263,249

The Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 263,249 vehicles in January-November this year, down 29% year-on-year.

Companies - Wed, December 13, 2023 | 2:44 pm

Taiwan mechanics firm commences construction on $75 mln factory in northern Vietnam

Taiwan mechanics firm commences construction on $75 mln factory in northern Vietnam

Taiwan-based mechanics firm Lioho Machine Works has kicked off the construction of its $75 million factory in Vietnam’s northern province of Vinh Phuc.

Industries - Tue, December 5, 2023 | 5:31 pm

Rising land prices in northern Vietnam pose concern to investors: Savills

Rising land prices in northern Vietnam pose concern to investors: Savills

A substantial increase in land prices in Vietnam’s Northern Economic Zone (NEZ) could unnerve investors who seek to set up manufacturing facitiies here, real estate services firm Savills Vietnam said in its latest note.

Industrial real estate - Mon, October 30, 2023 | 2:48 pm

Vietnam collects less corporate income tax in 2022 from top 1,000 firms

Vietnam collects less corporate income tax in 2022 from top 1,000 firms

Corporate income tax (CIT) paid by the 1,000 biggest taxpayers in Vietnam in 2022 fell 14.9% from that in 2021, the General Department of Taxation has said.

Companies - Tue, October 24, 2023 | 10:16 am

Honda, Unilever, Heineken top foreign taypayers in Vietnam

Honda, Unilever, Heineken top foreign taypayers in Vietnam

Automaker Honda remained the biggest foreign taxpayer in Vietnam in 2022, according to the General Department of Taxation’s latest list of the top 1,000 contributors of corporate income tax (CIT).

Companies - Thu, October 19, 2023 | 11:16 am