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Tag Archives: CKD

Why Vietnam’s auto industry never stepped on the gas

Car making projects in Vietnam have been around since the 90s, but the industry has not really lifted.

Vietnam’s auto industry has suffered from rewards not being connected to production and the neglect of domestic suppliers. It is evident that while joint ventures have continually received financial support and incentives without developing production, domestic suppliers have been ignored. In this context, the emergence of VinFast – the year-old …

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