Kim Long Motor Hue Joint Stock Company and Changan Automobile Group (China) on January 14 signed a cooperation agreement to build a passenger car factory at an industrial park in the central city of Hue that will be capable of producing 50,000 vehicles per year.

Only 9% of households in Vietnam own a car, data from a mid-term population and housing survey for 2024 from the General Statistics Office (GSO) shows.

In 2024, Vietnam's domestic car production is estimated at 388,500 units, marking a 27% increase compared to 2023, according to the General Statistics Office.

The top five localities with the largest gross regional domestic product (GRDP) in Vietnam for 2024 are Ho Chi Minh City, Hanoi, Binh Duong, Dong Nai and Hai Phong.

Bolt, an Estonian ride-hailing start-up, plans to enter Vietnam's market by launching a series of recruitment ads on social media.

Global gasoline prices will not fluctuate much in 2025, according to Doan Quyet Tien, an expert from the Vietnam Petroleum Institute (VPI).

Thailand’s WHA Group has unveiled plans to develop industrial zones and logistics service hubs in Thieu Hoa District, Thanh Hoa Province.

The Plant Protection Department under the Ministry of Agriculture and Rural Development has requested that local authorities and relevant agencies enhance inspections and monitoring of cultivation areas and export packing facilities for fresh fruit, including durians and jackfruit.

Vietnam's industrial sector marked a remarkable growth in 2024 with the industrial production index (IIP) surging by 8.4% year-on-year, a record high over the past four years, the General Statistics Office (GSO) has said.

Vietnamese products are gaining traction and increasing their market share in the ASEAN bloc, particularly in neighbouring countries such as Cambodia and Laos, according to businesses and a report by the Ministry of Industry and Trade (MoIT).