Car sales in Vietnam plunges 53% in January
In January, Vietnam imported nearly 4,000 cars worth US$106 million, up 14% month-on-month in volume but down nearly 49% in value.
In January, Vietnam imported nearly 4,000 cars worth US$106 million, up 14% month-on-month in volume but down nearly 49% in value.
Vietnam’s automotive industry is lagging around 30 years behind neighboring countries such as Thailand, Indonesia and Malaysia.
Vietnam’s auto market is scheduled to fully open to foreign car companies by 2030, including those from ASEAN, Japan, Mexico and the EU.
Real estate companies have raised $862 million from bond issuance in April and May, thanks to an improved business environment and better access to funding.
28 Jun, 10:16 PMAs global trade uncertainties grow, Vietnam sees the domestic market not only as a key consumption driver but also a “lifeline” for businesses hit by protectionist export barriers.
23 Apr, 05:42 PMVietnam aims to increase tilapia output to 400,000 tons by 2030, making it the second-largest freshwater export species after pangasius.
21 Apr, 09:07 PMMany of the key Vietnamese exports, such as wood products, electronics, and textiles, that are not on the US exclusion list could face steep tariffs.
18 Apr, 11:15 PMMobile Money, launched by the Ministry of Science and Technology, differs from e-wallets by linking users’ payment accounts directly to mobile phone numbers.
17 Apr, 04:05 PMVietnam is intensifying efforts to enhance its national brand, leveraging innovation, global partnerships, and strategic policies to bolster its global competitiveness and market presence.
17 Apr, 02:19 PMThe government has expanded the scope and scale of the credit program for the sectors which brought about US$62.4 billion worth of exports in 2024.
16 Apr, 09:42 PMThe 2024 PAPI survey found increasing citizen satisfaction with governance, but highlighted persistent administrative challenges, climate vulnerability, and gaps in access to public services.
15 Apr, 08:46 PM