As part of a new package to help the automobile market stay afloat after this year’s global woes, locally-manufactured vehicles will benefit from a massive cut in registration fees, 

Automaker Nissan Vietnam has declared a temporary shutdown as from April 5 amid the complex developments of the COVID-19 pandemic.

The company is concerned that demand from China, which accounts for half of the group’s shipments of latex, will fall.

Among the incentives, the government is urged to lower the special consumption tax for locally made parts to help them reduce prices to compete with foreign manufacturers.

The Vietnam Motor Show 2019 (VMS 2019) will be held at the Saigon Exhibition and Convention Centre from October 23-27.

 Japanese carmaker Toyota is to invest $500m (£387m) in Uber and expand a partnership to jointly develop self-driving cars.

Vietnam spends billions of dollars to import car parts each year for domestic assembling, but it also exports billions of dollars worth of vehicle parts. 

Toyota Motor Corp said its solid-state battery technology under development could be a “game changer” for electric vehicles, but that does not mean it is moving away from hydrogen-powered fuel-cell vehicles.

VietNamNet Bridge - Taking every opportunity to reduce prices, Truong Hai and Toyota, the two big automobile manufacturers, are trying to capture every corner of the market.

 Toyota Motor Corp (7203.T) and rival Mazda Motor Corp are expected to announce plans on Friday to build a $1.6 billion U.S assembly plant as part of a new joint venture, 

Toyota Motor Corp (7203.T) on Thursday said it will hire 1,000 additional staff for its new U.S. base under construction in a Dallas suburb. 

 Japanese automobile makers Toyota and Honda earned VND trillions in profit in Vietnam over the past four years.

Dung Quat oil storage terminal planned for 2020, Wholesale electricity prices to increase by 2-5 per cent, Co Bi depot starts construction work, Toyota, Nissan recall cars to fix problems, Hanoi Telecom’s general director owns 1% of Vietnamobile

Vietnam has never given up its automobile dream, even though it has failed to implement an auto industry strategy in the last two decades.

 The world's biggest automaker, Toyota, is recalling about 625,000 hybrid cars around the world to fix a software glitch.

 VietNamNet Bridge - Unilever continues to be voted the best place to work in Vietnam in 2014, according to a survey conducted annually by Anphabe and Nielsen, the market research firm.

 HCM City refunds 1.4 mln USD of VAT for foreigners; VAMC announces interest rate for purchased bad debts; Imports of under-9-seat-cars soar; Toyota expands its recall campaign; Land rentals likely to rise

 VietNamNet Bridge – Toyota Vietnam complains that it loses thousands of dollars worth of profits from the imported two luxurious models Lexus RX 350 and ES 350 because of the unreasonable mechanism on taxable price determination.

 VietNamNet Bridge - A series of large investors such as Toyota, Madaz and Ford have abandoned auto projects in Vietnam, or do not intend to invest more because of concerns about the underdeveloped support industries.