Vietnam’s automobile market is entering an unprecedentedly vibrant phase as a surge in imported vehicles, electric cars and hybrids gathers momentum.

Imported cars outpaced domestically assembled ones in September, pushing the recovery of Vietnam’s automobile market, according to the Vietnam Automobile Manufacturers’ Association (VAMA).

The infrastructure development unit for charging stations under Vingroup estimates that the country will need 500,000 battery swap cabinets for electric motorcycles alone. This attractive investment sector is drawing many businesses.

Car sales surged 18% in September, with imported vehicles continuing to outperform domestic models, reflecting strong consumer preference.

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.

Car brands defy tradition by unveiling new models in the 7th lunar month, betting on changing buyer behavior and untapped market attention.

Vietnam’s electric vehicle market is booming, with EVs now making up over 40% of new vehicle sales, surpassing China and Europe.

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.