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Hybrid electric vehicles to account for 30% of market by 2030

Hybrid electric vehicles (HEV), which have maximum fuel economy, low emissions and smooth operation, are suited to Vietnam’s climate and transport conditions, experts say.

Vietnam's automobile manufacturers to develop solid-state batteries for electric cars

Making solid-state batteries is a prerequisite for the development of the electric vehicle (EV) market, helping create smart cars which can run thousands of kilometers after just minutes of battery charge.

Vietnamese firms buy German company, conquer African market

Following success in the domestic market, many Vietnamese businesspeople are seeking profits from outward investment projects.

Making cars and smartphones, Vietnam moves to top ASEAN countries

Vietnam’s industry has seen the fastest upward movement in ranking in global competitiveness among Southeast Asian countries, coming closer to the top 4 ASEAN countries.

Vietnam gears up to export cars

Vietnamese manufacturers are taking steps to become the ‘new Detroit of Asia’.

Discount paradise for auto buyers

As part of a new package to help the automobile market stay afloat after this year’s global woes, locally-manufactured vehicles will benefit from a massive cut in registration fees, 

Cooperating with Pininfarina, Vsmart targets high-end smartphone market

With the agreement announced on May 4, Vsmart has become the second brand of Vingroup cooperating with a leading Italian industrial designer.

Vietnam accelerating ventilator production

The crucial ventilating equipment used to save the lives of coronavirus patients are becoming a commodity much sought after by many countries, including Vietnam.

Vingroup to produce ventilators, body thermometers

Vingroup announced on April 3 that it would produce ventilators and body thermometers to serve the domestic market amid the complicated developments of the COVID-19 pandemic.

What will Vinfast do if GM stops making Chevrolets in Thailand?

The US-based General Motors (GM) has stated it will stop selling Chevrolets this year and shut down its factory in Thailand from which Chevrolets are exported to Vietnam.

Car market in 2020 remains an unknown

The government will soon issue the legal document amending Decree 116 on the conditions for manufacturing, assembling, and importing cars, and providing car maintenance services.

Over 67,000 orders for VinFast vehicles in 2019

VinFast Trading and Production LLC, a subsidiary of Vietnamese conglomerate Vingroup, has reported it had received over 17,000 orders for VinFast cars, and 50,000 others for electric motorcycles in 2019.


Motorcycle makers running out of gas in face of increased competition

The Vietnam Association of Motorcycle Manufacturers (VAMM) reported gloomy figures for the last months of 2019, a time when the industry typically expects a boom in sales revenue.

All categories of F1 Vietnam Grand Prix tickets now on sale

Formula 1 Grand Prix is considered the most expected must-watch race in the world, attracting millions of spectators worldwide annually.

Promotional campaigns fail to lift automobile sales in Vietnam

Car sales in November failed to meet expectations even though the year-end shopping season has started and despite various discounts of up to hundreds of millions of dong.

When will cars in Vietnam be cheaper?

The high production costs, taxes and fees all make automobile prices in Vietnam much higher than in other countries in the region.

Vinfast subsidizes VND300 million for every car sold

VinFast, the automobile manufacturer belonging to Vingroup, said it is selling cars at a loss.

Fuel-saving hybrid cars not favored in Vietnam

Hybrid, PHEV and EV engines help reduce harmful emissions and save fuel, but they are not favored in Vietnam because of the lack of encouragement measures.

Vinfast cars to serve Vietnam ASEAN Chairmanship activities

Made-in-Vietnam Vinfast cars will be used to serve many activities of the Vietnam ASEAN Chairmanship Year 2020.


Local content in cars woefully low

The automobile manufacturing and assembly industry has grown significantly over the past two years, but the ratio of local content in domestically assembled cars with up to nine seats is very low, ranging from 7% to 10%.