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.

VOV.VN - Vietnamese electric vehicle (EV) maker VinFast unveiled that it delivered more than 11,000 electric vehicles (EV) of all kinds to customers in October, raising the total number of EV deliveries to more than 51,000 units during the 10-month period to secure its place as the best-selling car brand in the Vietnamese automobile market.

VOV.VN - VinFast, the electric vehicle (EV) maker of Vietnamese conglomerate Vingroup, announced on October 11 that it delivered more than 9,300 cars to customers in September, meaning that it rose to the leading position in the Vietnamese automobile market in September.

The Vietnam trade mission in Germany coordinated with the Berlin – Brandenburg automotive association (aBB) and authorities of the Vietnamese province of Nam Dinh to hold a roundtable on cooperation in the automobile industry.

Auto sales in Vietnam in July increased 9% from the previous month to 28,920 units, the Vietnam Automobile Manufacturers’ Association (VAMA) announced on August 13.

Vietnam’s automobile market is expected to bounce back in the last months of 2024 if a proposal to cut registration fees by half for domestically manufactured and assembled cars is approved.

The Vietnamese car market is experiencing significant transformations with the entry of Chinese brands, according to motoring experts.