Up to 13,000 vehicles were imported last month, almost three times the number in October 2017. October also saw the highest number of completely built units (CBUs) imported so far this year, according to Vietnam Customs. However, the total volume of imported…
Vietnam’s auto industry has suffered from rewards not being connected to production and the neglect of domestic suppliers. It is evident that while joint ventures have continually received financial support and incentives without developing production,…
Government officials and representatives from the local auto industry rushed to the United States last week to request that Korea be exempted from higher tariffs on imported cars. The Korean delegation, headed by Trade Minister Kim Hyun-chong, met with…