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auto market
Auto sales rise by 22% in 2024
More than 494,000 automobiles were sold in Vietnam last year, a year-on-year increase of 22%, thanks to a boom in sales in the fourth quarter.
Doubts arise over survival of TMT Motors - Wuling EV distributor
Hybrid vehicle market grows as Vietnam dawdles on EV
Government halves registration fee for local cars to boost demand
The registration fee for locally made cars will be cut by 50% for three months starting Sept. 1, according to a new government decree.
August 30, 2024 | 08:38 pm PT
Auto sales rise by 19%
Members of the Vietnam Automobile Manufacturers Association and Hyundai Thanh Cong reported a 19% jump in sales year-on-year in July to 34,200 units.
August 18, 2024 | 07:37 pm PT
Imports match domestic products in auto market sales
Imported cars increased their share of the auto market by 7.9 percentage points from a year earlier to a full 50% in the first half of 2024.
August 3, 2024 | 04:01 pm PT
Automobile market struggles to recover from a bad year
The automobile market has yet to recover after last year’s massive decline, with sales falling 4% year-on-year in the first half of this year to 159,000 units.
July 18, 2024 | 03:41 pm PT
Auto sale shoots up in March
Vietnam’s auto sales surged 135% from February to 27,289 units in March as demand recovered.
April 17, 2024 | 03:28 am PT
Vietnam records second largest drop in auto sales across Southeast Asia
Vietnam saw the second sharpest decrease, of 25%, in automobile sales in Southeast Asia last year behind only minuscule market Myanmar.
February 12, 2024 | 06:00 pm PT
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.
September 29, 2023 | 05:32 pm PT
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.
July 27, 2023 | 04:24 pm PT
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
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