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China’s biggest automaker SAIC eyes sales of 100,000 units in Vietnam

China’s biggest automaker SAIC eyes sales of 100,000 units in Vietnam

China’s biggest auto brand SAIC Motor will build a factory in Vietnam next year and hopes to achieve sales of 100,000 units a year within five years.
Mercedes distributor sees plummeting profit

Mercedes distributor sees plummeting profit

Mercedes distributor Haxaco reported a 92% year-on-year fall in pre-tax profits in the first quarter to VND5.6 billion ($238,750).
April 27, 2023 | 08:00 pm PT
Motorbikes plowed by car block roads in Hanoi

Motorbikes plowed by car block roads in Hanoi

A car ran a red light and plowed into 17 motorbikes, injuring some 20 victims and leaving a trail of wreckage blocking the roads.
April 5, 2023 | 06:28 am PT
Carmakers help customers pay fees to spur demand

Carmakers help customers pay fees to spur demand

Auto manufacturers are paying half of or all of the March registration fees for their customers’ vehicles to stimulate demand in the sleepy car market.
March 13, 2023 | 08:07 pm PT
Cut auto registration fee by half to boost sales: associations

Cut auto registration fee by half to boost sales: associations

Two associations have proposed that auto registration fees be cut by half for cars manufactured and assembled locally to boost sales.
March 8, 2023 | 05:02 am PT
Domestic car market sees sluggish sales in year-end sale season

Domestic car market sees sluggish sales in year-end sale season

While normally a positive time for car sales, this year the domestic automobile market is seeing gloomy days as Tet (Lunar New Year holiday) approaches.
December 18, 2022 | 06:07 pm PT
Vietnam auto production ranks 4th in Southeast Asia

Vietnam auto production ranks 4th in Southeast Asia

Vietnam ranks fourth in Southeast Asia in auto production in the first 10 months at 362,000 units, up 16.4% year-on-year, according to the General Statistics Office.
December 4, 2022 | 06:52 pm PT
VinFast ships first electric vehicles to US

VinFast ships first electric vehicles to US

VinFast had shipped its first batch of 999 cars to the U.S., capping a five-year bid to develop an auto production hub in Vietnam for markets in North America and Europe.
November 24, 2022 | 09:15 pm PT
VinFast partners with world-leading battery manufacturer CATL

VinFast partners with world-leading battery manufacturer CATL

Vietnamese automaker VinFast has partnered with the world’s leading electric car battery manufacturer Contemporary Amperex Technology Company (CATL) in the development of equipment for its electric cars.
November 1, 2022 | 12:56 am PT
Geleximco to build $800 mln auto plant

Geleximco to build $800 mln auto plant

Diversified group Geleximco is set to build a $800 million auto manufacturing and assembling plant in the northern province of Thai Binh that could begin operation in 2024.
September 19, 2022 | 12:43 am PT
BMW starts production at new $2.2 bln China plant to ramp up EV output

BMW starts production at new $2.2 bln China plant to ramp up EV output

Germany's BMW said on Thursday that production has formally begun at a new plant in China with an investment of 15 billion yuan ($2.24 billion) as the carmaker accelerates electric vehicle (EV) production.
June 22, 2022 | 07:16 pm PT
VinFast wants to make a splash in Europe with electric cars

VinFast wants to make a splash in Europe with electric cars

VinFast plans to open at least 50 dealerships in major European cities like Berlin and Paris for its electric cars as it seeks to become a global player.
June 14, 2022 | 06:49 pm PT
Mercedes to sell electric vehicles in Vietnam by October

Mercedes to sell electric vehicles in Vietnam by October

Mercedes-Benz will start delivering its EQS electric sedan to Vietnamese customers by October.
May 9, 2022 | 06:00 am PT
Toyota recalls hundreds of Raize SUVs over bad weld

Toyota recalls hundreds of Raize SUVs over bad weld

Toyota is recalling 191 Raize SUVs in Vietnam to fix poor welding in front shock absorbers, which could even cause the undercarriage to fall apart.
May 3, 2022 | 07:53 pm PT
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