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The revenue and profits of Toyota Vietnam from 2012-2015More than 20 years of development in Vietnam, Toyota has had many contributions to Vietnam's economy. To present the car maker sold a total of 305,799 units. From 11 staff in the establishment, to the number of staff members of the company were up to more than 1,900 people and more than 6,000 employees work in the system of 41 agents-affiliates and Toyota authorized service stations nationwide coverage across the country. Does Toyota's capital more than 49 million.However, Mr. big in Japan have repeatedly broadcast the message moved the factory from Vietnam if no logical sector development policy.Shared at a press conference between the year 2015, said Yoshihisa Mari Maruta, General Manager of Toyota Vietnam said the company still hesitated before deciding will assemble, manufacture or import cars import tax when resources from the ASEAN countries reduced to 0% in 2018. The reason given is because Vietnam did not yet have specific plans after the overall strategic development of Vietnam auto industry until 2020 to 2030 vision, adopted during the time of 2018 is no longer how long way.Mr. Le Thuy, Deputy industrial economy, the Ministry of planning and investment said, the ratio of imported spare parts and vehicles in Vietnam is very high, pushing the price of the car in Vietnam 2-3 times higher car prices in other countries. Domestic manufacturers had warned would withdraw and move to make the trade. But the most important thing is the Assembly of large grossing still in Vietnam. High car prices, they are also not stupid that they drown out Vietnam.Beginning in 2016, the company still reiterated the necessity of the State policy to strengthen and develop auxiliary industry, automobile industry and Vietnam to create good conditions for continued market growth.Despite the fact the big gain in Vietnam but Toyota's localization rate remains low.As of 1997, the market scale only in the level of 6,000 cars a year, Toyota took 22% of the market share of approximately 1,200 airport, every day only sale from 3 to 4 cars. So at that time, General Manager of Toyota Vietnam said that localization is a luxury concept. Because, like to localization, to have spare parts supplier system. But there is no genuine spare parts would leave a large equity investment to the production line only to supply for Toyota per day 3-4 components, the airline will not be able to achieve business performance.So far, however, when vehicle sales have increased 50 times, Toyota's localization rate though also gradually be raised, but only at levels from 20 to 37% depending on each line of the car. According to the method of determining the value of ASEAN. By 2015, the total number of Toyota's localization products for all of the lines of the car was up to over 270 kinds of products.Speaking about prospects of the automotive industry, VEAM identified compared with the countries in the world, Vietnam join automotive assembly industry relatively late. However, there have been many encouraging development policies aimed at bringing the cars became the spearhead sectors in the process of industrialization and modernization of the country, until now, have to say Vietnam automobile industry is only the Elves between the giant manufacturer has outstanding reputation with the history of the automotive industry.
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