Instead of distributing Nissan products, Tan Chong Motor will assemble, import and distribute Chinese cars in the Vietnamese market. The distributor of Nissan cars, the Malaysia-based Tan Chong Motor, will stop distributing Nissan products in Vietnam in September. if the project can be implemented, Tan Chong Motor would have opportunities to cement their positions in Vietnam’s automobile industry. The two sides have signed an MOU to expand cooperation in assembling, importing and distributing Chinese vehicles in Vietnam. Kim Chi Vietnam’s automobile market to be flooded with zero-tariff ASEAN cars The car sales in Vietnam are forecast to reach 500,000 units per year in 2020 and 1 million per year by 2030, with a turnover of US$12 billion each year. Two paths for Vietnam's automobile industry There are two clear investment tendencies in the automobile industry. First, becoming the leading assembling center in Southeast Asia, and second, buying … [Read more...] about Will Nissan’s old distributor bring Chinese cars to Vietnam?
Crash test chinese car
The CBU (complete built unit) imports to Vietnam in the first seven months of the year were five times higher in number than in the same period last year. Minister and Chair of the Government Office Mai Tien Dung has said that the government will soon amend Decree 116/2017 on conditions to manufacture, assemble, import and trade cars and maintenance services. It is expected that provisions related to car imports will be removed. Instead of examining cars by consignments as currently regulated, the government would amend the legal document, so that imports would be examined by vehicle type, while pre-customs clearance examinations would be replaced by post examination. Car importers believe that once the decree is amended, it will be easier for CBU imports to enter Vietnam. According to a representative of Thaco, ‘examination by type’ means that state agencies will take samples to test emissions and safety, and the results of the tests will be applied to the next … [Read more...] about Will car imports ‘crush’ domestically assembled cars?
The company made this statement following reports that hundreds of nearly 1,000 trained employees had left Hanoi’s repeatedly delayed Cat Linh – Ha Dong metro line. One senior company official who wished to remain anonymous told VnExpress that 28 percent out of nearly 1,000 trained employees had left the project sporadically between 2016 and March this year. The majority of them were hired to work in customer guidance, ticket sales and other relatively low-skilled jobs, the official said. "Personnel in positions that require high skills and specialization, including train drivers, are still employed by the project." He conceded that repeated delays that kept the workers waiting for long could be one reason for the spate of resignations. Besides, they might have found better jobs with higher pay. The company has recruited additional people to fill its vacancies so as to have enough staff for test runs and eventual commercial operations. On Friday, Hanoi Chairman Nguyen Duc … [Read more...] about Staff quitting Hanoi metro line are low-skilled workers, company claims