Toyota Motors Viet Nam has launched its first service facility for used cars in Viet Nam. The used car centre at Toyota East Sai Gon Joint Stock Co, a dealer for Toyota Viet Nam in HCM City, trades used cars and provides delivery, maintenance and cosmetic services. The centre has a total investment capital of VND16 billion (US$842,000), covering an area of 1,000sq.m.

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Toyota launches used-car service

Vietnam hosts Southeast Asian leaders this week as chair of their 10-nation bloc, shining a spotlight on the political and economic stability that prompted Intel Corp. and Toyota Motor Corp. to increase investments

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Vietnam destination of choice for relocating firms – Thanhnien

By Daniel Ten Kate April 7 (Bloomberg) — Vietnam hosts Southeast Asian leaders this week as chair of their 10-nation bloc, shining a spotlight on the political and economic stability that prompted Intel Corp.

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Vietnam Lures Intel, Samsung as Asean Group Woos Companies Away …

Market Report – Toyota Incentives Extended NTDTV The three companies said they would swap stakes and jointly develop cars as part of a plan aimed at gaining scale and sharing technology investment costs. …

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Market Report – Toyota Incentives Extended – NTDTV

Vietnam hosts Southeast Asian leaders this week as chair of their 10-nation bloc, shining a spotlight on the political and economic stability that prompted Intel Corp and Toyota Motor Corp. to increase investments, says Bloomberg.

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Bloomberg hails Vietnams investment environment

April 7 (Bloomberg) — Vietnam hosts Southeast Asian leaders this week as chair of their 10-nation bloc, shining a spotlight on the political and economic stability that prompted Intel Corp. and Toyota Motor Corp

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Vietnam Lures Intel, Samsung as Asean Woos Companies … – BusinessWeek

Car sales in the Vietnam economy slid by 25 percent year over year in February according to Vietnam’s Automobile Manufacturers Association as reported by Reuters. Nonetheless, the number one automaker in the Vietnam economy, Toyota, saw an increase in car sales of 33.5 percent from last year.

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Car Sales in the Vietnam Economy Slide 25 Percent

Vietnamese customers now refuse to purchase Toyotas, even models that have no problems with accelerator pedals, although Toyota has been a reliable brand name in the eyes of Vietnamese consumers for many years. Car importers complain they have never seen such a gloomy business season as this one. They had hoped that after Tet sales would be better and allow them to clear their stock.

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Scandal damages Toyota’s sales in Vietnam

Analysts have estimated that only a small number of Toyotas will be recalled for accelerator pedal problems and most of the recalls will affect only Camry models. At the World Business Forum, Toyota’s president apologized for the need to recall millions of cars around the world due to faulty accelerator pedals. On January 21, Toyota provided its solution and its campaign to recall the cars and fix the problems

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Toyota recalls will cost Vietnam owners more