Fifteen members of the Việt Nam Automobile Manufacturers' Association (VAMA) and Vietnam Car Importers' Association (VIVA) will participate in the 2018 Việt Nam Motor Show in HCM City in October.
Việt Nam’s automobile industry is at cross roads, lagging behind ASEAN competitors, according to a report launched by the International Finance Corporation (IFC) and the Ministry of Planning and Investment (MPI) early this week.
The ASEAN Car Business Career Company of Japan plans to recruit more than 220 automobile engineering students from Đà Nẵng-based Đông Á College to work in the Japanese car industry later this year.
A total of 23,065 automobiles were sold in the domestic market in May, up 9 per cent against the previous month, the Vietnam Automobile Manufacturers’ Association (VAMA) said.
Eighteen Vietnamese and foreign auto companies will participate in the 2018 Vietnam Motor Show in HCM City next October.
Japan Material Engineering Services company and Đà Nẵng-based Đông Á College have inked an agreement on human training in electronic and engineering, control and automation for Japanese labour market.
The sale of automobiles in the Vietnamese market made a significant recovery in March as 21,127 units were sold, accelerating by 70 per cent compared to the previous month.
As many as 26,037 cars were sold in January, marking a year-on-year increase of 28 per cent, reports the Vietnam Automobile Manufacturers’ Association (VAMA).
Since Vietnam Asset Management Company (VAMC) seized Sài Gòn One Tower using the authority conferred on it by Resolution 42 on settling bad debts, several banks have followed suit and offered mortgaged assets for sale to help pay their bad debts.
Việt Nam spent more than US$2.15 billion importing 94,000 cars last year, marking a year-on-year decrease of 16.8 per cent in volume and 9.6 per cent in value.