Toyota Vietnam and Honda Vietnam posted the best car sales in March among members of the Vietnam Automobile Manufacturers Associations (VAMA) though both reported year-on-year drops in this regard.
Vietnam needs to issue special policies for the automobile industry to catch up with other countries in the ASEAN region, said experts at a conference held in Hanoi on October 22.
The Republic of Korea’s two leading auto manufacturers, Hyundai Motor Co. and Kia Motors Corp, have announced a target of selling a combined 7.6 million cars in 2019 and an additional 250 million USD in Grab, a ride-sharing company in Southeast Asia.