A number of large manufacturers slashed car prices early this year, signaling fierce competition in the Vietnamese auto market.

Auto part producer Autocom, a subsidiary of Vietnamese automaker THACO, sets to export 107,000 seat covers for Kia Bongo car model in 2022, up 18.5% from the previous year.

The car body component plant of THACO Industries, a member of Truong Hai Group, is planning to export more than 25,000 sets of KIA Carnival boots to Malaysia between 2022 and 2026.

VOV.VN - Korean cars sold in the Vietnamese market in 2021 were four times higher than the total consumption of the brand in five Southeast Asian countries, including Thailand, Indonesia, Malaysia, the Philippines, and Singapore, reported by Vnexpess.net.

VOV.VN - Vietnam will reduce the excise tax and registration fee placed on electric cars, with these two preferential policies anticipated to become a lever in which the local electric vehicle market, which is in its infancy, can quickly develop in 2022.

VOV.VN - With car sales peaking at 3,497 units in September, VinFast surpassed a number of major competitors to become the best-selling passenger car brand in the domestic market.

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 23,587 vehicles in June, down 8% month-on-month.

VOV.VN - The Vietnam Automobile Manufacturers Association (VAMA) announced on April 13 that car sales of its members in March reached 30,935 vehicles of all kinds, representing a sharp rise of 127% compared to the previous month.

The Truong Hai Auto Corporation (THACO), a major car maker of Vietnam, recently exported more than 200 automobiles along with components and spare parts, the largest batch of goods it has shipped abroad so far.

Sales of automobiles in November went up 9% against the previous month to 36,359 vehicles, according to Vietnam Automobile Manufacturers’ Association (VAMA) said on December 10.