Vietnam has been named among four key markets of Ford Motor Company together with Thailand, South Africa and Australia, serving as a driving force for the development of Ford Vietnam in the coming years.
Ford Vietnam General Director Pham Van Dung (Photo: VNA)
Hanoi (VNA) - Vietnam has been named among four key markets of Ford Motor Company together with Thailand, South Africa and Australia, serving as a driving force for the development of Ford Vietnam in the coming years.
Ford Explorer interior (Photo: VNA)
Five new car models of Ford will be sold in the Vietnamese market this year, Ford Vietnam General Director Pham Van Dung has said.
In addition, the automaker will improve its sales process and new services.
Despite challenges, 2021 marked important milestones of Ford Vietnam as it sold more than 23,700 cars and finished the expansion of its automobile factory in the northern province of Hai Duong.
Ford Ranger was the carmaker’s best-seller in the previous year as a total 15,650 units were sold, posting a year-on-year rise of 18 percent and making up nearly 60 percent of Vietnam’s pickup truck segment.
Ford Vietnam sold 5,485 Everest mid-size body-on-frame sport utility vehicles (SUV) in 2021, accounting for 40 percent of the market for the first time.
Ford Everest (Photo: ford.com.vn)
Ford Transit 16-seater minibus was the best-selling commercial car model in Vietnam for the straight nine years, with 898 units being sold./.
Ford Vietnam’s sales in the first quarter of 2021 rose 52 percent against the same period last year, equivalent to 5,914 vehicles delivered to customers.
Ford Ranger pickup trucks are being locally assembled at its facility in the northern province of Hai Duong and will be available for delivery on July 15.
The Ford Hai Duong expansion project’s first phase, which started in January last year, was completed on July 15, with 80 percent of the total investment in the project disbursed.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Ford Vietnam General Director Pham Van Dung (Photo: VNA) 
Ford Explorer interior (Photo: VNA) 
Ford Everest (Photo: ford.com.vn) 
