Showing 1 - 10 of 41
Vietnam auto manufacturer to set up $130m EV battery plant with China's BYD
Reuters, Published on 27/01/2026
» HANOI — Vietnam auto manufacturer Kim Long Motor said on Tuesday that it was partnering with China's BYD (Build Your Dreams) to develop a US$130 million plant to produce batteries for commercial electric vehicles (EVs) in central Vietnam.
Vietnam's push for 'chip-to-ship' conglomerates raises red flags
Reuters, Published on 05/11/2025
» HANOI — Two days after Vietnam's top leader called on local private companies to help build infrastructure, listed conglomerate Vingroup stepped forward to develop a US$70 billion nationwide high-speed railway and build the trains to run on it.
Japan warns Vietnam of job losses as Hanoi motorbike ban hits Honda
Reuters, Published on 21/10/2025
» HANOI/TOKYO — The Japanese government and some of the nation's top manufacturers have warned Vietnam that a planned ban on petrol-powered motorbikes in Hanoi could spark job losses and disrupt a US$4.6 billion market that is dominated by Honda, according to documents reviewed by Reuters and seven people familiar with the matter.
Asian shares rise as Chinese sell-off eases
Business, Nuntawun Polkuamdee, Published on 06/09/2025
» RECAP: Asian markets mostly gained on Friday after an intense sell-off of Chinese equities eased, amid reports the country's financial regulators could intervene to slow the dumping. A Wall Street stock rally also lifted sentiment.
China’s EV makers are facing a reality check in Southeast Asia
Bloomberg, Published on 03/03/2025
» On a recent Thursday morning in Hanoi, Chinese electric vehicle giant BYD began the day with a showroom devoid of customers. Just a few kilometres away, a dealership for upstart Vietnamese EV maker VinFast Auto was buzzing, with would-be buyers pouring over new models.
EV overview shows sales growth slowing
Published on 04/01/2025
» Electric vehicle (EV) sales in Thailand slowed considerably in 2024 following explosive growth of 320% in 2023, as a reduction in incentives offered to consumers and stricter loan requirements negatively impact the pace of adoption.
Traders on sidelines awaiting signals from Fed chief
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 24/08/2024
» RECAP: Trade was subdued in most Asian stock markets yesterday while the dollar rebounded from one-year lows, as investors were cautious ahead of a major speech by US Federal Reserve chairman Jerome Powell.
VinFast delays Thai dealerships amid global EV sales slowdown
Bloomberg News, Published on 22/08/2024
» HANOI - Vietnamese electric-vehicle (EV) maker VinFast Auto Ltd is postponing the opening of its Thailand dealership network amid a broad slowdown in passenger car sales in Southeast Asia's second-largest economy.
Complaints about EV discounting investigated
Published on 03/07/2024
» Thai consumer protection authorities are investigating BYD dealers after a consumer complaint about aggressive discounting by the Chinese electric vehicle maker that left some buyers upset about how much they paid for their cars.
Chinese automakers retain grip over Southeast Asia's EV market
Reuters, Published on 21/06/2024
» Electric vehicle (EV) sales are surging in Southeast Asia, led by China's BYD (Build Your Dreams) and Vietnam's VinFast, eating into the internal combustion engine car market dominated by Japanese and Korean firms, Counterpoint Research said on Friday.