VOV.VN - The consortium led by Vietnam's Geleximco Group and its Chinese partners on May 12 broke ground on the GEL-O&J auto manufacturing plant at Hung Phu Industrial Park in Tien Hai District, Thai Binh province.

Ground-breaking ceremonies were held on March 30 for the Victory Giant Technology Vietnam factory and Green Precision Manufacturing Vietnam Co. Ltd project in VSIP Bac Ninh II, located in the northern province of Bac Ninh, with combined investment of over US$640 million.

VOV.VN - Vietnam spent approximately US$378 million on importing 17,671 completely built-up (CBU) cars in February, up 44.5% in volume and 31.4% in value compared to January, with automobiles from Indonesia and Thailand dominating the local market.

Automobile manufacturing, assembly, and export companies in Vietnam are actively expanding their export markets.

China's automotive group Geely Auto Group and Vietnam’s Tasco JSC have begun a campaign to launch the urban SUV Geely Coolray in the Vietnamese market, marking the beginning of their US$168 million joint venture.

As one of Vietnam’s leading prestigious events in the transportation and supporting industries, Vietnam AutoExpo 2025 is expected to span 10,000 square metres, featuring over 500 booths, showcasing 350 domestic and international companies.

Work on two major automobile manufacturing and assembly plants with Chinese investments will start in northern Thai Binh province in the first half of 2025.

The Ministry of Industry and Trade has forecast that Vietnam's automobile market could grow by approximately 12% in 2025, with sales expected to reach 600,000 units.

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.

VOV.VN - Vietnamese car maker VinFast has announced that it delivered over 20,000 electric vehicles (EVs) in December 2024, reinforcing its leading position in the Vietnamese automobile market.