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Vietnamese cars
Latest news related to Vietnamese cars
Sales of domestically assembled cars unexpectedly decrease despite benefiting from 50% reduction in registration fees
The Vietnam Automobile Manufacturers Association (VAMA) said that sales of domestically assembled cars in July 2023 decreased by 12% compared to the previous month. This figure was given after Vietnam reduced registration fees by 50% from July 1.
Car
Extremely hot car models on the international market are likely to soon come to Vietnam.
The upcoming Gaikindo Indonesia 2023 Exhibition promises to be the biggest event in the Southeast Asian car industry in the second half of 2023. Among the car models brought by participating brands to the event, there are many notable names, promising to be able to attract consumers' attention when they arrive in the Vietnamese market in the near future.
Vietnam's auto market declines in the first month of the second quarter of 2023
Despite efforts to reduce prices, increase promotions and launch many new car models on the market, car purchasing power in April 2023 has seriously declined.
Many policy bottlenecks make car prices in Vietnam twice as high as in Thailand.
Car prices in Vietnam are nearly twice as high as in Thailand and Indonesia and higher than in the US and Japan, according to the Ministry of Industry and Trade, mainly due to taxes and fees.
Cars priced from 500-700 million VND are dominating the market.
Looking at the list of 10 best-selling car models in Vietnam in 2022, it is not difficult to see that the majority are models in the price range of 500-700 million VND. Toyota Vios, Hyundai Accent, Mitsubishi Xpander are in the top 3 positions with more than 20,000 units sold each.
High-chassis vehicles dominate the best-selling charts, new models are increasingly popular
In the ranking of 10 best-selling cars in the past year, high-chassis cars are gradually dominating the market share of low-chassis sedans, with only 3 sedan models including Hyundai Accent, Toyota Vios and Honda City in this top, while representatives of high-chassis cars occupy 7/10 positions in this ranking.
Which cars sold the least since the beginning of 2022?
Besides expensive car models that few people can own and are sold in small quantities, there are also cheap car models with very low sales.
Vietnamese people increase car purchases at the end of the year
November 15, 2022 08:47
Auto sales in October reached more than 44,700 vehicles, up 6% compared to September.
1,300 cars sold in Vietnam every day
October 16, 2022 11:56
In the first 9 months of 2022, the entire Vietnamese automobile market consumed more than 352,700 cars of all kinds, equivalent to an average of about 1,300 cars sold per day.
Car market after Tet: Many car models "sold out"
February 22, 2018 08:33
Not only imported car models, but also domestic car models are experiencing widespread shortages. The reason, according to dealers, is that the demand for shopping before Tet is so great that factories cannot keep up with production.
Add quality conditions to imported cars
January 26, 2018 16:15
Contrary to the wishes of car importers, Circular No. 03/2018/TT-BGTVT has just been issued by the Ministry of Transport (MOT) to guide the implementation of Decree 116 on technical safety and environmental protection quality inspection of imported cars.
The "chase" of policy in Vietnam's auto industry
January 12, 2018 09:00
Reading market developments 4-5 years in advance does not guarantee future success, when one document can change everything.
At the end of the year, domestic cars are racing to reduce prices, while imported cars are still increasing in price.
December 12, 2017 11:10
While many domestically assembled car models have prices reduced by tens of millions of dong, imported car models have increased in price at the end of the year.
Vietnamese people increase car purchases again as prices continue to fall sharply.
December 10, 2017 08:02
Industry-wide sales in November increased 13% compared to October, but the cumulative year-on-year still decreased 10% compared to the same period in 2016.
Vietnam's auto market is at its most exciting stage.
November 6, 2017 15:57
Car prices decrease month after month, the auto market welcomes new policies close to the year-end shopping season, making the auto market unpredictable for both buyers and sellers.
Vietnam's automobile output is one-tenth of Thailand's.
October 12, 2017 21:52
Vietnam's automobile market size is currently the lowest among the five countries pursuing this industry in the ASEAN region.
Domestically assembled i10 car: Smooth ride, not smooth shape
September 8, 2017 09:08
The small car operates quite stably at high speeds, moves smoothly in the inner city and has impressive fuel economy.
Why are cars assembled in Vietnam expensive and of low quality?
August 27, 2017 15:16
After nearly a quarter of a century of protection, the Vietnamese automobile industry remains stagnant, with a low localization rate, small production scale, and product quality not commensurate with cost.
Opening of Vietnam Auto Show 2017
August 1, 2017 19:19
On the afternoon of August 1, the Vietnam Motor Show 2017 officially opened at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City.
New car series about to launch in Vietnam
July 31, 2017 16:08
The list includes Chevrolet Trailblazer, a new rival of Fortuner, Toyota Wigo competing with Kia Morning, small hatchback Honda Jazz and many other models.
Car sales increased again in May thanks to lower car prices
June 8, 2017 17:58
Many car models have been heavily discounted, helping sales of companies as well as the entire market grow again after a gloomy April.
Vietnam's auto market is the second fastest growing in the world.
February 23, 2017 14:49
Vietnam's auto market grew 27.1% in 2016, ranking second in the world after Singapore with a growth rate of 48%. However, Vietnam is not the market with the largest car consumption in the world.
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