Toyota Motor Vietnam enjoys strong growth in production, sales in H1
Toyota Motor Vietnam (TMV) supplied to the market 19,678 automobiles in the first six months of 2021, up 16 percent over the same period last year, the firm has announced.
Hanoi (VNA) – Toyota Motor Vietnam (TMV) suppliedto the market 19,678automobiles in the first six months of 2021, up 16 percent over the same periodlast year, the firm has announced.
The result brought the cumulate production of the Japanesefirm to 593,770 vehicles of all kinds.
In the January -June period, the sales of Toyota Vietnam reached 29,857 units (including Lexusmodel). Especially, Vios maintainsthe No. 1 position in segment B. Besides, the imported Corolla Cross model was also among best-sellers with 11,575 units sold after nearly 11 months since its debut in Vietnam.
Although affected by COVID-19, TMV still ensured export of parts and components with turnover of 33.9 million USD, up 64 percent compared to the same periodin 2020. In addition, Toyota Vietnam contributed to the national budgetover 399 million USD.
Besides, Toyota MotorVietnam has donated 10 billion VND to the nationalCOVID-19 vaccine fund and provided a real-timePCR system for COVID-19 testing worth 1,57 billion VND forVinh Phuc province.
The firm’s agents nationwide alsodonated over 2 billion VND to the national COVID-19 vaccine fund.
In addition, Toyota has joined hands withMinistry of Natural Resources and Environment to organise a tree planting programme in response to the action month for the environment,towards the government’s direction of 1 billion tree project in Chu Van An Park in Hanoi./.
Toyota Motor Corp and Honda Motor Co. have ceased operation of their factories in Malaysia after this Southeast Asian country initiated a national lockdown to curb the spread of COVID-19 on June 1.
The VinFast Commercial and Services Trading Co. Ltd officially put its branches in the US, Canada, France, Germany, and the Netherlands into operation on July 12.
Surging coronavirus cases in Southeast Asia, in such countries as Malaysia and Indonesia, have started affecting the supply chains of Japanese companies, with the possibility of regional production disruption becoming more real, the Kyodo news agency reported.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.