Renault Latitude at the 2010 Moscow Motor Show (Photo: group.renault.com)
Hanoi (VNA) – Renault Russia has🐽 begun exporting cars assembled in Moscow and Tolyatti to Vietnam, according to reports on February 26.
Director General of Renault Russia Andrey Pankov said it's the first export supply of light vehicles from Russia to the country. The Logan and Sandero Stepway vehicles produced by Tolyatti-based Avtovaz and Renault Duster, which are assembled in Moscow, will be shipped to Vietnam.
Pankov said exports were becoming increasingly important in light of the car production development strategy aimed at enabling import substitution and enhancing the competitiveness of the Russian products, adding that cars produced in Russia with domestically-manufactured parts were supplied to the non-CIS market for the first time.
Supplies to Vietnam mark the beginning of a new era for the Russian industrial project of the Renault-Nissan-Avtovaz alliance, aimed at Russia's further integration into the global car market.-VNA
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The Vietnam Automobile Manufacturers' Association (VAMA) expects automobile sales for this year to reach 260,000 units, a year-on-year rise of 10 percent, according to its chairman Yoshihisa Maruta.
Many taxi firms registered lower fares after Deputy Minister of Transport Nguyen Hong Truong urged them to do so on February 22 following recent drops in petrol prices.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
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With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
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The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
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Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Renault Latitude at the 2010 Moscow Motor Show (Photo: group.renault.com)
