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The test drive allows owners to assemble and customize the car's appearance themselves.
For over 340 million VND, users can own a set of components to transform their Mazda MX-5 into a distinctive, classic-style convertible.
Automobile manufacturers and assemblers may be allowed to delay payment of excise tax.
The Ministry of Finance has proposed allowing domestic automobile manufacturers and assemblers to defer payment of excise tax for five months.
Car imports to Vietnam surge, but VAMA (Vietnam Automobile Manufacturers Association) remains eager to have restrictions lifted.
In March, the number of cars with fewer than nine seats imported into Vietnam surged; however, VAMA believes that car manufacturers are still facing difficulties and is requesting further simplification of procedures.
Nine major automotive policies take effect from January 1, 2018.
Starting today (January 1, 2018), a series of new regulations related to automobiles will officially come into effect.
Automotive businesses were surprised when VAMA 'appealed' to the Prime Minister for help.
While members of the Vietnam Automobile Manufacturers Association (VAMA) submitted petitions to the Government and relevant ministries requesting the removal of obstacles, arguing that Decree 116 contains strict regulations, many domestic businesses support it.
Despite deep discounts, car manufacturers still make huge profits. How have they been profiting from the sweat and tears of Vietnamese people for so many years?
With many reputable car manufacturers in Vietnam reducing prices by nearly 300 million VND per vehicle in just over a year, consumers believe these businesses have reaped huge profits at the expense of Vietnamese people's hard work and sacrifices over the past few decades.
Explaining the reasons why cars assembled in Vietnam are expensive but of low quality.
After nearly a quarter of a century under protection, Vietnam's automotive industry remains stagnant, with low localization rates, small-scale production, and product quality that does not match the price.
Local authorities suffer budget losses due to the influx of cheap imported cars.
Local budgets decreased by trillions of dong in the first six months of the year due to difficulties faced by domestic automobile manufacturing and assembly businesses.
Cars are continuously being discounted as 2018 approaches.
Domestic automobile manufacturers are committed to taking the lead in lowering prices to compete with imported vehicles. By 2018, the prices of domestically produced and assembled cars will be highly competitive.
Vietnamese people are obsessed with cars; tycoons abandon factories to trade in cheap automobiles.
Foreign investors have seen business opportunities in the automotive trade from Vietnam's growing consumer market, so billions of USD have been poured into developing car dealership networks in 2016, instead of manufacturing and assembling as before.
Toyota earns a profit of 390 billion VND per month selling cars to Vietnamese customers.
Toyota can pocket at least 388 billion VND in profit each month from manufacturing and assembling cars for Vietnamese consumers.
Domestic car manufacturers are struggling to find a market share.
Domestic automobile manufacturers, especially truck manufacturers, are facing a difficult situation as most incentives favor completely imported vehicles.
