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Update news vn auto industry
Local content in cars woefully low
The automobile manufacturing and assembly industry has grown significantly over the past two years, but the ratio of local content in domestically assembled cars with up to nine seats is very low, ranging from 7% to 10%.
VN makes pacts with Russia, Belarus
Vietnam has completed negotiations on bilateral agreements on automobile manufacturing and assembling with Russia and Belarus, according to the Ministry of Industry and Trade.
