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Between 2003 and 2006, the automobile sales tax increased from 5% to 50%, slowing down car sales. [3] The Vietnamese car market is relatively small, albeit the fastest growing in Southeast Asia. [4] Most automobile manufacturers in Vietnam are members of the (non-governmental) Vietnam Automobile Manufacturers' Association (VAMA). [5]
Since 2001, [5] Kia Motors has manufactured automobiles at its Chu Lai Plant as part of a joint ventured with Truong Hai Automobile Co. [6] The site covers 320 hectares (790 acres), and Truong Hai was the first private company in Vietnam to manufacture automobiles, and the first to achieve an annual output of 5,000 automobiles. [5]
As of 2023, Ford had acquired a 13.9% market share, making it the third-largest automobile company in Vietnam. [ 4 ] Ford Vietnam is the first automotive manufacturer in Vietnam receiving ISO 9001, ISO 14001 and QS9000 accreditation, ISO/TS16949 - 2002.
It was founded in 1997 and is considered one of the pioneers of the Vietnamese auto industry. [2] In 2014, the company captured 32% of Vietnam's automobile market. [3] As of 2017, THACO owned the largest automobile production capacity in Vietnam, at 71,000 units per year. [4] THACO's main products comprise family cars, light trucks, and buses.
VinFast Auto Ltd. is a Vietnamese multinational automotive company [4] founded by Vingroup, one of the largest private conglomerates in Vietnam that was founded by Pham Nhat Vuong. [ 5 ] [ 6 ] [ 7 ] Established in 2017 in Haiphong , it is the first Vietnamese car brand to expand into global markets as well as the first to expand into producing ...
Vietnam will showcase locally made weapons at an international arms fair in Hanoi on Thursday, as it seeks to boost its domestic industry and possibly export military equipment. Among the nearly ...
The Huế War Museum (Vietnamese: Bảo tàng Cách mạng Thừa Thiên Huế) is located on Hai Mươi Ba Tháng Tám, inside the Citadel. Items on display include an M42 Duster , M48 Patton tank, M88 Recovery Vehicle , M113 armoured personnel carrier , Cadillac Gage V-100 Commando armoured car and M107 Self-Propelled Gun .
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