Hanoi (VNA) - Thailand ranked first among automobile exporters to Vietnam𝓰 over the last seven months, with a volume of 18,837 units worth 343 million USD, representing increases of 55 percent in volume and 73 percent in value compared to the same period last year.
Statistics from the General Department of Vietnam Customs showed Thailand was followed by the Republic Korea, India, China and Japan.
Since April this year, the volume of automobiles imported from China to Vietnam saw a strong tumble, not quite reaching 1,000 units in July.
The country shipped just less than 8,000 vehicles to Vietnam in the first seven months of 2016, a cut of nearly 50 percent.
Though China ranked fourth in export volume of automobiles to Vietnam in the last seven months, it was only behind Thailand in value, with 301 million USD.
It is predicted that Vietnam will continue importing low-powered, smaller-engined cars due to buyers enjoying preferential import tax and special consumption tax .
The General Department said, the country bought a total of 60,600 automobiles worth 1.42 billion USD from abroad in the Jan-July period, a year-on-year drop of 5.9 percent in volume and 17.3 percent in value.
Of the figure, there were 25,500 car with nine seats or lesser, and 26,200 trucks imported, representing increases of 16.6 percent and 7 percent, respectively. The country imported only 650 vehicles with nine or more seats, a reduction of 24.9 percent.-VNA
A Mini Thailand Week was opened in the Mekong Delta city of Can Tho on July 22, providing a platform for Vietnamese and Thai businesses to seek partnerships and form supply and value chains.
The Vietnam Motor Show (VMS) 2016, the 12 th of its kind, will return to Hanoi on October 5-9, according to the Vietnam Association of Manufacturers of Automobiles (VAMA).
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative image (Source: //autobikes.vn)
