Vcci

VCCI’s survey conducted earlier this month revealed that 55 per cent of firms would maintain their operation scale in the third quarter of this year, 22 per cent planned expansion while only 21 per cent would narrow their business. VCCI said that the trend was better than the findings a month ago. … [Read more...] about Gov’t to boost firms, private investment to accelerate post-pandemic growth

On account of the registration fee cut, however, many dealers say that the Honda CR-V will lose many of its advantages and even have to join a price war with domestically assembled vehicles. CR-V vehicles are now priced between VND983 million ($42,700) and VND1.1 billion ($47,500), and customers in Hanoi have to pay VND118-131 million ($5,100-5,700) registration fee, while customers only need to pay about VND60 million ($2,600) for a locally built rival Mazda CX-5 or a Hyundai, as registration fees have been cut by 50 per cent for domestically-produced cars. This shows that the future of Honda CR-V in Vietnam is uncertain as price is still a determining factor in sales in the market. … [Read more...] about BUSINESS NEWS HEADLINES MAY 30