The Ministry of Industry and Trade has just released a list of factors that are undermining the development of the electric car industry in Vietnam.

Semiconductor chip shortage has caused a crisis for major automobile producers in the world, forcing them to suspend production and extend the time to deliver their products, but for Vietnamese ones, the impacts are quite minor as they still can ensure normal production and business activities.

VOV.VN - Despite being an importer of car spare parts, Vietnam also earns billions of US dollars from exporting auto parts each year to the world's leading auto powers.

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

VOV.VN - Vinfast Trading and Service Limited Liability Company has officially put its subsidiaries in the United States, Canada, France, Germany, and the Netherlands into operation as they prepare for the launch of their latest models in these markets.

Limited market capacity and price differences between domestically produced cars and imported cars are the two biggest bottlenecks for the local auto industry, according to the latest report from the Ministry of Industry and Trade (MoIT).

VOV.VN - Vietnam imported a total of 15,600 completely built unit (CBU) cars in May from three major regional markets of Thailand, Indonesia and China, making up 94% of the total number of vehicles imported into the country.

Car sales have dropped sharply because of the fourth COVID-19 outbreak, prompting dealers to offer big discounts.

VOV.VN - Three people have been killed in a road accident which occurred on the Phap Van-Cau Gie expressway after a car slammed into a truck on June 13, local authorities have confirmed.

Car companies are offering new door-to-door services and digitised shopping experiences to boost consumption amid the latest outbreak of the COVID-19 pandemic in Vietnam.