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EVs will no longer be exempt from registration fees
Wheels
Xanh SM has ascended to the leading position in the technology taxi sector, capturing 37.41 per cent of the market share in the fourth quarter of 2024.
Xanh SM takes the lead in Việt Nam's technology taxi market
Wheels
Toyota''s hybrid car models recorded impressive growth with 565 units, an increase of 504 per cent compared to the figure in January 2024.
Toyota’s sales in Việt Nam increase by 46% in January
Market Move
The used car market in 2025 is set to experience intensified competition, according to market experts.
Used car market to face significant challenges in 2025: experts
Wheels
Work on two major automobile manufacturing and assembly plants with Chinese investments will start in northern Thái Bình province in the first half of 2025.
Chinese carmakers to build automobile plants in Thái Bình
Electric Vehicles
The return of Chinese car brands to Việt Nam, particularly with a focus on affordable electric vehicles (EVs) and modern features, represents a significant evolution in their market strategy.
VN’s auto market sees return of Chinese cars
Wheels
Czech automaker Skoda will complete a US$500 million factory in Quảng Ninh Province in the first quarter of 2025.
Czech automaker to build $500 million factory in Quảng Ninh
Market Move
VinFast''s remarkable performance in the domestic car market in 2024 underscores its dominance, particularly in the electric vehicle (EV) segment.
Domestic car market reaches significant milestone
Electric Vehicles
VinFast officially announces its first electric vehicles for the Indian market at the Bharat Mobility Global Expo 2025.
VinFast enters the Indian market
Electric Vehicles
On January 17 VinFast, a leading Vietnamese electric vehicle manufacturer launched a new electric bus model able to carry up to 60 passengers .
VinFast launches new e-bus model in Hà Nội
Wheels
As the fastest-growing car rental company in Việt Nam, FGF boasts a modern fleet of VinFast electric vehicles and offers professional services. The expansion into the used car market is aimed at enhancing their ecosystem and providing customers with more...
FGF announces its entry into the used car market
Wheels
Kim Long Motor Huế Joint Stock Company and Changan Automobile Group have announced a plan to build the Kim Long Trường An Việt Nam passenger car factory with a designed production capacity of 50,000 vehicles per year.
New passenger car factory to be built in Huế
Wheels
The numbers of domestically manufactured and assembled cars are forecast to grow, as manufacturers continue to expand in Việt Nam.
Domestic car production grew in 2024
Market Move
This rate is much lower than other countries’ in Southeast Asia.
Only 9 per cent of households in Việt Nam own a car
Electric Vehicles
VinFast''s launch of the Motio electric motorbike on January 12 represents a significant step in targeting younger demographics like Gen Z and Gen Alpha.
VinFast launches new e-motorbike
Wheels
Despite having 377 automobile enterprises, with nearly half being foreign direct investment (FDI) firms, the country relies heavily on imports, sourcing about 80 per cent of its production components, according to local experts.