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Tag: automotive
The Automotive category covers industry trends, production data, and trade dynamics shaping the vehicle manufacturing and supply chain sector. It explores automobile production, exports, imports, foreign investment, and government policies, providing insights into electric vehicles (EVs), automotive components, supply chain challenges, and consumer demand. This section also examines technological advancements, infrastructure development, and regulatory changes impacting the industry. Whether analyzing market growth, investment opportunities, or policy shifts, this category serves as a resource for businesses, investors, and policymakers navigating the evolving automotive sector.
Big Cars, Tiny Streets: Will Trump’s Tariff Deal Accelerate US SUV Sales in Vietnam?
Donald Trump recently speculated that Vietnam cutting import tariffs would be a big win for American SUV makers. Whereas the contrast between Vietnam’s narrow streets and large US vehicles has raised eyebrows, there is precedent for such a market, and the idea is not as far-fetched as it at first seems.
Automotive: Vietnam’s motorcycle sales slip in Q2, despite annual growth
Motorcycle consumption in Vietnam has dropped slightly for two consecutive periods, though overall year-on-year growth remains positive, according to a report from the Vietnam Association of Motorcycle Manufacturers (VAMM), Zing News has reported
Vietnam Car Sales Tracker: June Update [data]
The June sales report of the Vietnam Automobile Manufacturers’ Association–the VAMA–has found that vehicle sales of the group’s members jumped 14 percent in June compared to May. Increases were seen in passenger vehicles, trucks, buses,and hybrids.
Automotive: Skoda Kushaq sales begin in Vietnam as local assembly ramps up
Sales of the locally assembled Skoda Kushaq have officially started in Vietnam, marking a key milestone for the brand’s expansion in the country, Just Auto has reported.
Automotive: Vietnam motor vehicle imports up by 0.82 percent in May
Vietnam’s imports of motor vehicles reached US$426.38 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a slight increase of 0.82 percent compared to April, bringing the year-to-date (YTD) import value to US$1.83 billion.
Automotive: Vietnam motor vehicle parts & accessories up 8.70 percent in May
Vietnam’s imports of motor vehicle parts and accessories reached US$471.82 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant increase of 8.70 percent compared to April, bringing the year-to-date (YTD) import value to US$2.17 billion.
Automotive: Honda Vietnam motorcycle and car sales rise sharply in May 2025
Honda Vietnam reported strong sales growth in May 2025, with motorcycle sales rising 8.2 percent year-on-year and car deliveries jumping 25.9 percent, reflecting solid demand across both segments, The Investor has reported.
Automotive: China’s Geely factory freeze casts uncertainty over Tasco’s Vietnam assembly plans
China’s Geely has announced a global halt on new factory projects casting doubt on its planned US$168 million car assembly joint venture with Vietnam’s Tasco in Thai Binh, Tuoi Tre has reported.
Automotive: Vietnam’s VinFast sees losses widen in Q1 despite more deliveries, revenue growth
Vietnamese EV maker VinFast reported a Q1 net loss of US$712.4 million, widening 20 percent year-on-year as sales costs soared, despite a nearly 300 percent increase in vehicle deliveries and 150 percent revenue growth, Reuters has reported.
Automotive: Vietnam introduces separate electricity tariff for EV charging stations
Vietnam has introduced a separate electricity pricing mechanism for electric vehicle (EV) charging stations under Decision 14/2025, effective May 29, Nguoi Quan Sat has reported. This is as opposed to being charged at either the retail or business price.
Automotive: Vietnam electric vehicle market to reach US$6.74 billion by 2030: Report
he Vietnam electric vehicle (EV) market was valued at US$2.4 billion in 2024 and is projected to reach US$6.74 billion by 2030, according to a report from MarketNtel Advisors. This represents a compound annual growth rate (CAGR) of 18.12 percent over the 2025–30 period.
Automotive: Vietnam car output surges 76.9 percent in first four months of 2025
Vietnam produced an estimated 39,500 cars in April 2025, up 60 percent year-on-year. This was also up about 1,400 units over March which recorded 38,100 cars produced, according to the latest data from the National Office of Statistics.
Motor vehicles: Vietnam imports slightly down in April, Thailand leads
Vietnam’s motor vehicle imports reached US$422.93 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents a decrease of 4.98 percent compared to March, with a year-to-date (YTD) import value of US$1.40 billion.
Parts and accessories of motor vehicles: Vietnam imports down in April, China leads
Vietnam’s imports of parts and accessories of motor vehicles reached US$434.05 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents a decrease of 9.73 percent compared to March, with a year-to-date (YTD) import value of US$1.70 billion.
Automotive: Vietnam’s auto-trade and repairs sector records US$123 million in March FDI
The wholesale and retail trade sector, including the repair of cars, motorcycles and motorbikes, recorded US$123.46 million in foreign direct investment in March 2025. This comprised 103 new projects worth US$19 million, according to the latest data from the Ministry of Industry and Trade.
Vietnam’s imports of motor vehicle parts rose nearly 17 percent in March
Vietnam imported US$480.83 million worth of parts and accessories of motor vehicles in March, up 16.78 percent from February, according to Vietnam’s General Department of Customs. The year-to-date import value stood at US$1.27 billion.
Automotive: Vietnam’s luxury car market reaches US$1.9 billion, slow growth projected through 2033
Vietnam’s luxury car market reached a valuation of US$1.9 billion in 2024 and is projected to grow modestly to US$2.1 billion by 2033, according to a new report by IMARC Group. Rising affluence, urban expansion, and social status-driven purchases are supporting demand, though the compound annual growth rate (CAGR) is expected to remain low at 1.15 percent.
Vietnam’s motor vehicle imports rose nearly 18 percent in March
Vietnam imported US$445.12 million worth of motor vehicles in March, up 17.87 percent from February, according to Vietnam’s General Department of Customs. This brought total imports for the first quarter to US$982.60 million.
Automotive: VinFast shifts focus to Asia amid widening losses
Vietnamese electric vehicle (EV) maker VinFast reported a US$1.26 billion loss in Q4 2024, an 81 percent increase year-on-year. The company will deprioritise North America and Europe, turning instead to Asia, including India, Indonesia, the Philippines, and Vietnam, Bloomberg has reported.
Vietnam’s motorbike output up 6.1 percent year-on-year in Q1
Vietnam’s motorbike production reached 237,500 units in March, down from 253,000 units in February, reflecting a 7.4 percent decline compared to March 2024. Despite the monthly drop, total output for the first quarter stood at 728,100 units, marking a 6.1 percent year-on-year increase, according to data from the General Statistics Office.
Q2 2025