Tag Archives: TPP

Asia’s Auto Industry: The Concubine Economy

Asia countries gains access to state-of-the-art technology through joint ventures. This form of cooperation has been dubbed the “concubine economy.” Just as the Chinese emperors once selected their concubines, Asia Government selects foreign companies and grants them the right to produce goods locally in cooperation with a domestic partner. If Donald Trump really wants to grab American voters’ attention on unfair trade, all he needs to

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Vietnam’s Automakers Face Challenging Times with Future Trade Agreements

Vietnam’s automobile production was low in Southeast Asia, compared to 1.91 million cars in Thailand, 1.1 million in Indonesia, and 615,000 in Malaysia. 2 main causes of the slow development of Vietnam’s automobile industry: Lack of Parts manufacturers Transport infrastructure. Vietnam has 17 auto assembling companies but it has only 33 supporting industrial companies of level 1 and 181 companies of

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ASEAN Auto Tariff Expands Free Zone in 2018

Thailand-based OEMs are set to benefit from the expansion of an existing auto tariff-free zone to ASEAN members Cambodia, Laos, Myanmar and Vietnam in 2018. Thailand is a regional production and export hub for the world’s top automakers, including Japan’s Toyota, Honda, Mitsubishi, Isuzu and Nissan, as well as U.S.-based General Motors, primarily Chevrolet, and Ford. According to global market-research firm IHS, Thai

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VIETNAM Car Sales Surge in June

Vietnamese people bought more than 24,400 cars in June, an increase of 31 per cent compared with the same period last year, the Vietnam Automobile Manufacturers’ Association said. Passenger cars were the market leaders with sales of 12,916 units, following by commercial cars with 10,325 units and special-purpose vehicles with 1,180 units. In the first half of this year, nearly

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