- © Copyright of Vietnamnet Global.
- Tel: 024 3772 7988 Fax: (024) 37722734
- Email: evnn@vietnamnet.vn
Update news vietnam's automobile market
Domestic car output soars as manufacturers ramp up production, while discounts continue in the competitive Q4 sales race.
Vietnam plans strict new fuel efficiency rules by 2030. Carmakers worry, but experts see opportunities.
Many automobile businesses are facing difficulties, with profits declining and some companies reporting losses, a sharp contrast with the booming growth about a decade ago.
With explosive EV adoption and record sales, Vietnam emerges as a global electric vehicle leader in 2025.
Vietnam’s electric vehicle market is booming, with EVs now making up over 40% of new vehicle sales, surpassing China and Europe.
Car brands defy tradition by unveiling new models in the 7th lunar month, betting on changing buyer behavior and untapped market attention.
The Czech carmaker introduces its new B-segment sedan, Skoda Slavia, with competitive pricing and features to take on established Japanese and Korean rivals.
While domestic vehicle production remains high, imported cars saw a noticeable decline in August, according to newly released data.
A draft regulation could suspend automakers failing to meet 4.83L/100km average fuel use by 2030.
The used car market is facing its toughest period in years. With ‘Ghost month’ approaching, dealers are restless, grappling with losses and high operating costs to stay afloat.
Vietnam’s proposed fuel-efficiency targets could eliminate nearly all gasoline cars and shake up the entire automotive industry.
After many failed auctions, Veam Corporation has put 2,071 vehicles into auction at the starting price of VND430.6 billion.
TMT Motors remains under stock warning status after massive retained losses despite mid-year profit turnaround.
Notably, the hybrid segment recorded the strongest growth, with 7,112 units sold, a 72% year-on-year increase. The figures reflect a shift in consumer preference towards more environmentally friendly vehicles.
Saigon General Service Corporation (Savico) has increased its investment in Tasco RT Auto Trading Co., Ltd. to expand operations, focusing on distributing Chinese brands Geely and Lynk & Co.
Car sales by the members of the Vietnam Automobile Manufacturers’ Association (VAMA) in June increased by 9.5 percent compared to the previous month, reaching the highest level this year.
The total number of cars sold by the Vietnam Automobile Manufacturers Association (VAMA)’s members in June 2025 reached 31,977 vehicles, up 9% over May and up 20% over the same period in 2024.
The Government has issued Decree No. 199/2025/ND-CP amending and supplementing Decree No. 26/2023/ND-CP on the export and preferential import tariff schedules, and the lists of goods subject to absolute tax, mixed tax, and out-of-quota import duties.
Using fake or low-quality engine oil at a cheap price not only damages vehicle engines and compromises driving safety but also indirectly supports the production and sale of counterfeit goods.
Toyota Motor Vietnam (TMV) on July 2 announced that it had delivered over 29,000 vehicles to Vietnamese customers in the first half of 2025, a 31% increase compared to the same period last year.