Thailand or vietnam which is better

Vietnam experienced a notable increase in automotive imports between January and April compared to the same period last year, in spite of a subsequent drop in April, according to data from the General Department of Vietnam Customs. The country imported 54,344 completely-built-up (CBU) autos in January-April, up 47.2 percent in volume and 33.4 percent in value year on year. The imports comprised 43,856 sedans, hatchbacks, sport utility vehicles (SUVs), minivans, and multi-purpose vehicles (MPVs), marking an increase of 45.6 percent compared to the same period last year, and 7,773 units designed for goods transportation, indicating a significant upswing of 109 percent. Thailand was Vietnam’s biggest auto exporter in the four-month period, with around 27,150 units worth US$545 million, followed by Indonesia with 19,050 units valued at $260 million and China with 3,617 units costing $135 million. The importation slowed down in April when Vietnam brought in 12,323 CBU cars worth … [Read more...] about Vietnam’s auto imports surge in January-April

Vietnamese Prime Minister Pham Minh Chinh (L) meets with Australian Prime Minister Anthony Albanese on the sidelines of the 40th and 41st ASEAN Summits in Cambodia (Photo: VNA) Hanoi (VNA) – Australian Prime Minister Anthony Albanese ’s visit from June 3-4 is expected to further promote the sound relations between the two countries in all fields, including peacekeeping, education and training. This is the first official visit to Vietnam by Anthony Albanese since taking office and only two months after the state visit by Australian Governor-General, showing Australia's great attention to the Southeast Asian nation. Highlighting the Vietnam-Australia partnership in peacekeeping operations, Colonel Pham Manh Thang, Director of the Vietnam Department of Peacekeeping Operations, said that Australia was one of the first countries to sign a memorandum of understanding (MoU) with Vietnam in UN peacekeeping activities in 2015. The MoU laid a foundation for the two countries to … [Read more...] about PM Anthony Albanese’s visit hoped to lift up Vietnam-Australia partnership

Sun Taxi Joint Stock Company on Thursday entered into a deal with Vietnamese carmaker VinFast to order 3,000 VF 5 Plus electric cars to offer taxi services using electric vehicles (EVs), aside from the former’s current fleet of fuel-powered units. The move is part of Sun Taxi’s strategy on green transition, business expansion, and service quality enhancement, thereby promoting the switch to green transport and supporting Vietnam’s ambitious goal of achieving net zero emissions by 2050. Sun Taxi plans to first launch electric taxi services in some central and Central Highlands provinces and cities in the country such as Quang Binh, Hue, Quang Ngai, Binh Dinh, Phu Yen, Gia Lai, and Kon Tum. By 2025, the company will offer the services using all 3,000 VinFast EVs across the country. Nguyen Duy Hung, board chairman of Sun Taxi, said EV adoption is an ongoing global trend, of which Vietnamese businesses should not stand outside. The taxi service provider, which has many … [Read more...] about Sun Taxi inks deal with VinFast for 3,000 EVs