Vietnam's automobile sector underwent a key shift in 2025, with recovering consumer spending, robust electric vehicle (EV) demand and surging imports, especially from China, reshaping the industry.
Vietnam’s auto industry is on the brink of a major transformation as excise tax reductions set to take effect in 2026 are expected to significantly cut the cost of hybrid vehicles, driving new investment and propelling rapid market expansion.
VinFast on February 13 introduced its VF 3 mini-SUV at the Indonesia International Motor Show (IIMS) 2025, along with a free charging policy for EV users at VinFast-operated V-GREEN stations across Indonesia.
Honda Vietnam on November 19 announced that it will recall 2,695 CR-V e:HEV RS hybrid SUVs (CR-V Hybrid) from November 25 to examine and replace defective high-pressure fuel pumps.
VOV.VN - Leaders of VinFast, Vietnam’s first electric vehicle (EV) maker, recently met with 25 auto retailers in India as they consider the establishment of a manufacturing unit in the world's third largest auto market, according to the Economic Times on October 3.
Vietnamese EV maker VinFast will be listed in the US through its business combination with local firm Black Spade Acquisition Co (Black Spade).
Mercedes-Benz Vietnam (MBV), a subsidiary of the Germany-based Mercedes-Benz Group AG, will introduce three all-electric car models in Vietnam in 2023, said MBV General Director Brad Kelly at a press conference in Ho Chi Minh City on May 9.
VOV.VN - VinFast has officially opened its first store in Vancouver in the Canadian province British Colombia, marking its first presence on the West Coast of the North American country.
VOV.VN - From March this year consumers will be able to make reservations to purchase Vinfast’s high-quality electric SUV models, including VF6 and VF7, both of which debuted in 2022.
VOV.VN - VinFast has announced that it has opened an additional four stores in California, with new locations now open in Los Angeles and Orange county.