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Vietnam car market
Auto sales hit high gear with 47% surge

Auto sales hit high gear with 47% surge

Vietnam’s automobile market shifted into high gear in March with robust sales of 31,750 units, up 47% from the previous month and 16% year-on-year.
Quiz: What is the most sought-after car on Vietnam's second-hand market?

Quiz: What is the most sought-after car on Vietnam's second-hand market?

Vietnam’s booming auto market narrows gap with Thailand

Vietnam’s booming auto market narrows gap with Thailand

Russian car Lada to make Vietnam comeback

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

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

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 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

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

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

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%

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

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

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
Automobile market struggles to recover from a bad year

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
Ford Ranger dominates pickup market

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
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