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car sales
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.
Hybrid vehicle market grows as Vietnam dawdles on EV
Government halves registration fee for local cars to boost demand
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
Quiz: Which country is Southeast Asia's biggest car market?
This country sold over one million cars in 2023, outperforming all of its Southeast Asian peers, according to Nikkei Asia.
June 23, 2024 | 03:00 pm PT
Honda Vietnam’s car, motorbike sales surge in March
Honda Vietnam's retail sales of motorcycles and automobiles in March increased by 11.4% and 124% compared to the previous month.
April 12, 2024 | 04:48 pm 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
Bumpy ride for auto industry in 2023
The year that is ending was a modest one for the automobile industry marked by a plethora of discounts that failed to sustain sales, recalls and entry by Chinese brands.
December 27, 2023 | 12:24 am PT
Massive year-end discounts offered on compact CUVs
In their scramble to increase year-end sales, auto companies and dealerships are offering discounts running into hundreds of millions of dong.
November 19, 2023 | 05:00 pm PT
September auto sales reach 6-month high
Vietnam's auto sales in September hit their highest peak since March, totaling 25,375 units, demonstrating a slight increase in demand.
October 15, 2023 | 09:26 pm PT
VinFast delivers over 9,500 cars in Q2
Electric vehicle maker VinFast delivered over 9,500 cars in Q2, more than five times Q1 number, according to a report VinFast sent to the U.S. Securities Commission (SEC).
September 24, 2023 | 08:27 pm PT
August auto sales plunge nearly 27%
Vietnam’s auto sales last month plunged nearly 27% year-on-year to 22,540 units as consumers continued to tighten their spending amid economic difficulties.
September 13, 2023 | 07:57 pm PT
C-segment car sales slump
In the first half of the year 6,787 C-segment sedans, as medium-sized passenger cars are categorized, were sold, a year-on-year decrease of 59.5%.
July 19, 2023 | 08:01 pm PT
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