Thaco seeks to earn $3.8 bln from cars in 2023: chairman

Thaco seeks to earn $3.8 bln from cars in 2023: chairman

Vietnamese conglomerate Thaco Group seeks a total consolidated revenue of over VND90 trillion ($3.8 billion) from cars in 2023, with expected sales of over 120,000 vehicles, chairman Tran Ba Duong wrote in a message to employees.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Ghost Month fails to spook automobile sales in Vietnam

Ghost Month fails to spook automobile sales in Vietnam

Contrary to predictions of sluggish sales during the Ghost Month, believed to be an inauspicious period, many people took advantage of attractive promotions to buy cars.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam to scrap outdated automobile localization rules

Vietnam to scrap outdated automobile localization rules

Vietnam's Ministry of Science and Technology released Friday a circular removing legal documents regulating the calculation of localisation rate in the automobile industry.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

The hot wheels favored by Vietnamese head honchos

The hot wheels favored by Vietnamese head honchos

A popular Vietnamese saying goes something like this: 'Like durability, drive a Japanese car; If sincere, buy an American car; style-savvy, buy Agerman car". Given this, many people would be curiuos to know what kinds of cars famous, talented and influential Vietnamese CEOs choose.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

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