A street in HCMC is crowded with vehicles. Vietnam’s auto market continued its expansion in the final month of 2020, with over 47,800 cars sold by VAMA members – PHOTO: HUNG LE HCMC – After regaining growth momentum in October and November last year, Vietnam’s auto market continued its growth in the final month of 2020, with over 47,800 cars sold by members of the Vietnam Automobile Manufacturers Association (VAMA), up 45% year-on-year. … [Read more...] about Local auto market heats up
25 auto sales
VIETNAM BUSINESS NEWS JANUARY 12
Vietnam posts a very large export volume of goods with good product quality, but the value that Vietnamese enterprises earn from these is not high. The main reason is that Vietnam mostly exports raw materials or preliminary processing products through intermediaries or through a brand of other trading partners in foreign countries. Consequently, foreign consumers themselves do not know that the commercial product is a Vietnamese product. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 12
VIETNAM BUSINESS NEWS JANUARY 15
Earlier this month, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) downgraded Thailand’s economic outlook, with only 1.5-3.5 percent growth this year if the government fail to control the new wave of COVID-19 in three months. JSCCIB predicted that the country’s exports will expand by 3-5 percent this year, down from the previous estimate of 4-6 percent expansion, following the new outbreak./. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 15