Vietnam’s auto supply rose sharply in November as domestic assembly hit its highest monthly level of the year, easing concerns about year-end price increases amidst abundant inventories.

Hyundai Thanh Cong Vietnam, a joint venture between Vietnam’s TC Group and the Republic of Korea’s Hyundai Motor, on October 29 exported the fourth batch of Hyundai Palisade cars to Thailand, raising the total number shipped to the country to 110.

Vietnam’s automobile sales have borne the brunt of COVID-19, seeing a record low in August since 2015.

Automobile sales in Vietnam plunged in July due to the complications of COVID-19 and social distancing measures being applied in many localities nationwide.