New preferential import tax rates for automobile production and assembly
This amendment will facilitate enterprises' production and business activities and ensure the Customs' risk management. This is also one of the contents to promptly remove difficulties for domestic production and business enterprises, encourage enterprises to continue investing, innovate
Some 444,000 autos made in Vietnam in 2022
HCMC – Auto firms in Vietnam manufactured and assembled 39,700 units in December, taking the total this year to about 440,000, according to the General Statistics Office. The total number of vehicles produced in Vietnam, including those imported for assembly, has risen by 14.9% this year compared
TC Group opens second Hyundai assembly factory
HCMC – TC Group and Hyundai have put the Hyundai Thanh Cong Manufacturing Vietnam Factory No. 2 into operation in the northern province of Ninh Binh. The facility, which covers over 50 hectares of land in the Gian Khau industrial park in Gia Vien District, is expected to turn out 100,000 Hyundai