Octavia, one of Skoda’s best-selling cars.

"The political and trade ties between the two countries represent extensive opportunities for cooperation."

There are 44 Czech projects in Vietnam with a total investment of $91 million, according to the Ministry of Planning and Investment.

Mercedes-Benz and Peugeot are two European carmakers with plants in Vietnam, while BMW’s factory is expected to be completed this year.

Skoda manufactured around 900,000 cars last year and sold nearly half in Western Europe.

Established in 1925, it is a subsidiary of German auto giant Volkswagen.

95 pct made-in-Vietnam auto parts for foreign brands

Nearly 95 percent of auto parts produced in Vietnam are for foreign brands, showing a lack of localization in the industry.

Vingroup to build second auto plant in Vietnam

Vingroup subsidiary Vinhomes has proposed building an auto and parts manufacturing complex, including port infrastructure, in central Ha Tinh Province.

Vietnam’s automobile market ranks fourth in Southeast Asia

Vietnam’s automobile market currently ranks fourth in the Southeast Asia in terms of sales volume and domestic production capacity, according to ASEAN Automotive Federation (AAF).

January auto imports surge 85 pct

Auto imports in January rose to 8,343 completely built units worth $212.5 million, up 84.7 percent and 76.2 percent year-on-year, respectively.

Gov't policy gives auto industry much-needed boost

More than half a billion dollars in tax returns have been awarded to firms since 2017 in a bid by the Government to boost the country's auto industry and supporting industry, according to deputy director of the General Department of Vietnam Customs Luu Manh Tuong. 

Source: VnExpress