VOV.VN - After nearly two years of anticipation, the sports car brand Lotus is preparing to enter the Vietnamese automobile market, following the recent signing of an agreement between Lotus and Tasco Auto.

The Vietnam Automobile Manufacturers’ Association (VAMA) has announced that the Vietnam Motor Show (VMS) will not take place in 2025, following a thorough assessment of market conditions and the needs of its industry members.

VOV.VN - Vietnam is on course to surpass the Philippines and become the fourth-largest automobile market in ASEAN, fueled by rising consumer demand and a strong economic outlook.

VOV.VN - More than 300 domestic and foreign businesses are displaying their products, services, and technologies at the 21st International Exhibition on Automobile, Motorcycle, Electric Vehicle, and Supporting Industries (Autotech & Accessories Show 2025), which opened in Ho Chi Minh City on May 22.

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.