Việt Nam imported 11,172 cars between January and September, up 5,142 units from the same period last year.
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.
Da Nang’s Dong A College has enrolled students for the first ever course on automobile technology and automation engineering in the central region.
Việt Nam imported 19,000 cars in the first quarter of this year, a year-on-year increase of 169 per cent in volume and 82 per cent in value, according to a report from the General Statistics Office (GSO).
The Korean Hyundai Motors and local Trường Hải Automobile Company (Thaco) have launched a mini bus manufacturing project with the total capacity of 10,000 units per year.
Oil companies underestimating the global market for electric vehicles could be caught unaware by weakened demand for petrol within a decade, analysts said on Wednesday.