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Vietnam car market
Honda Vietnam's motorbike, auto sales slip in September
Honda Vietnam has reported that its motorbike and automobile sales for September fell by 11.4% and 52.8% year-on-year, respectively.
Imported cars overtake locally assembled ones, fueling auto market rebound
Auto sales hit high gear with 47% surge
Quiz: What is the most sought-after car on Vietnam's second-hand market?
Out of the 10 most popular models in the second-hand market, this one stood out, attracting over 119,000 inquiries last year.
March 8, 2025 | 10:37 pm PT
Vietnam’s booming auto market narrows gap with Thailand
Vietnam’s auto market is catching up in size with that of Thailand, with the gap narrowing by almost 80% last year.
February 25, 2025 | 10:21 pm PT
Russian car Lada to make Vietnam comeback
Russian state-owned automaker Lada is set to return to Vietnam after two decades and is looking for a local distributor.
February 13, 2025 | 08:15 pm PT
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.
January 15, 2025 | 04:34 pm PT
China surpasses Japan in number of auto brands in Vietnam
For the first time, the number of Chinese auto brands has surpassed Japanese brands in Vietnam this year, though Japan continues to lead in market share.
November 17, 2024 | 03:32 pm PT
Auto sales surge by 45%
Auto sales by members of the Vietnam Automobile Manufacturers’ Association (VAMA) reached 36,585 units in September, a 45% increase over the previous month.
October 11, 2024 | 04:35 pm PT
Doubts arise over survival of TMT Motors - Wuling EV distributor
TMT Motors, the distributor of China’s Wuling electric vehicles, made losses of VND99 billion (US$3.97 million) in the first half of 2024, raising doubts about its survivability.
September 3, 2024 | 10:33 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
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
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
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