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Thaco H1 profit falls as auto market remains listless

Thaco H1 profit falls as auto market remains listless

Automaker Thaco Group reported first half profits of VND1.076 trillion (US$45.6 million), or less than a quarter of last year’s figure, amid an auto market slump.

Auto market faced bumpy road in H1

Auto market faced bumpy road in H1

Vietnam’s auto industry struggled to push sales with discounts in the first six months as demand plunged amid economic challenges.

How did leading car dealerships do in the year of Covid?

How did leading car dealerships do in the year of Covid?

Vietnam’s leading car dealerships saw their fortunes slump in 2020 as sales fell sharply, though the main Mercedes-Benz seller bucked the trend with a huge improvement in numbers.

February 16, 2021 | 11:45 pm PT

VinFast enters luxury segment with new SUV

VinFast enters luxury segment with new SUV

Vietnamese automaker VinFast has launched a luxury SUV, the VinFast President, to take on global brands like Lexus and Mercedes.

September 7, 2020 | 08:54 pm PT

Honda most searched vehicle brand in Vietnam

Honda, Toyota, BMW, Mitsubishi, and Suzuki are the five most googled car brands in Vietnam, market research firm iPrice said.

July 13, 2020 | 12:32 am PT

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