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Vietnam car market
Vietnam's small car importers driven to desperate measures in policy war
The little man is being locked out of the country's automobile market by industry big boys.
Vietnam’s largest automobile distributor braces for tumble in profits
Local car market still sees sluggish sales as Tet nears
February automobile sales see biggest fall in three years
Vietnam’s automobile sales in February plummeted 50% year-on-year to 11,633 automobiles, the biggest drop in three years.
March 13, 2024 | 11:10 pm PT
Car imports see recovery in March
Import turnover of completely built-up (CBU) cars in March increased by 55.4% in volume and 41.4% in value compared to the previous month.
April 5, 2024 | 03:21 pm PT
Chinese auto brand GAC enters Vietnam
Chinese auto brand GAC Motor, which sells gasoline-powered vehicles, has entered Vietnam through a distributor.
May 10, 2024 | 06:25 pm PT
May auto sales inch up 6%
Vietnam’s auto sales in May increased 6% from the previous month to 25,794 units, as dealers rolled out stimulus measures to spur consumption, according to the Vietnam Automobile Manufacturers’ Association (VAMA).
June 12, 2024 | 09:52 pm PT
Toyota stops Yaris sales in Vietnam
Japanese automaker Toyota has stopped selling the imported Yaris hatchback in Vietnam, ending 13 years of distribution in the country.
July 5, 2024 | 08:31 pm PT
Ford Ranger dominates pickup market
Ford Ranger accounted for nearly 82% of the pickup truck market in the first half of the year.
July 15, 2024 | 06:10 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
Toyota remains ensconced on top of auto market
Despite a sharp decline, Toyota maintained its leading position in the auto market in the first half of the year, selling 22,338 vehicles.
July 22, 2024 | 06:12 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
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
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
Hybrid vehicle market grows as Vietnam dawdles on EV
Toyota used to dominate the market for hybrid vehicles, but now faces competition from a number of others, including some luxury brands.
September 2, 2024 | 08:22 pm PT
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