The Vietnamese EV maker plans to spin off and sell its domestic manufacturing business as part of a broader shift toward a more capital-efficient, asset-light operating model.
The ride-hailing market in Việt Nam is entering a new phase of competition as major platforms raise service fees and fares after years of relying on subsidies and promotions to attract users.
Under the agreement, Kijsetthi Mobility will serve as the authorised distributor of Kim Long Motor bus products in Thailand, establishing a nationwide sales and after-sales service network.
The collaboration aims to enhance customer convenience, expand service offerings, and accelerate the development of a sustainable EV ecosystem, particularly for VinFast users.
V-Green Global Charging Station Development Joint Stock Company has unveiled plans to invest VNĐ10 trillion (around US$380 million) to build 99 supercharging stations along national and provincial highways across Việt Nam this year.
Despite the sharp fall, the market maintained positive growth during the first two months. According to VAMA, total market sales by the end of February reached 46,153 units, up 39 per cent compared with the same period last year.
Việt Nam’s automobile market is entering a remarkable transition marked by tightened environmental policies and a rapid shift towards electrification, according to a report by auto research platform oto.com.vn released early this week.
With economic difficulties discouraging car purchases this year, many people still want a vehicle for holiday travel, pushing demand higher than usual.
Taken together, tax policies, international trade dynamics and competitive pressures suggest that 2026 is likely to be a turning point for declining car prices in Việt Nam.
Việt Nam will officially transition to the use of E5 and E10 biofuels from June 1 this year in line with a roadmap prepared over many years by the Government and relevant ministries and sectors.
According to the latest figures from the Department of Customs, Việt Nam imported 16,343 cars in October. Although this represents a 5.5 per cent from the previous month, total imports over the first 10 months reached 171,364 units, up 20...
Việt Nam’s automobile market continues to struggle amid declining sales and mounting consumer caution, casting doubt on industry forecasts for full-year growth.
As the world’s fourth-largest motorbike market with some 50 million vehicles in circulation, Việt Nam is under pressure to transition from petrol to electric in response to air pollution and climate change.
