A young, style-conscious middle class is driving sales despite high car prices
"Next year it will be another story. The central bank may weaken the dong in an incremental manner."
Industry insiders say car prices may go up 10-20 percent when the new rules take effect
Some car importers have abused the policy to evade taxes when bringing in luxury cars, the ministry says
Vietnam imported 64,420 complete-built cars over the first seven months, up 104.7 percent year on year
The investment of up to VND403.1 billion (about US$18.35 million) would allow IFC to own nearly 5 percent...
Vietnam to top China per-capita consumption as incomes improve
With luxury tax calculated on retail rather than import price starting at the beginning of this year, cars cost 10...
The central bank's growth target is 18-20 percent for this year
The luxury tax on cars with small engines as well as the recovering economy mean car companies are keen on...
Export firms can access short-term dollar loans again after the March 31 ban.
U.S. Steel is seeking to halt nearly all imports from China's largest steel producers and trading houses.
Advertising is beginning to emerge as makers of goods try to pitch products to a rising group of consumers and...
Any big supply disruption can be extremely sensitive.
The armed forces chiefs of Indonesia, Malaysia and the Philippines would hold talks in Jakarta on May 3.