LG Energy Solution has signed a memorandum of understanding with Honda and Hà Nội authorities with the aim of developing a public battery-swapping network for electric motorbikes in the Vietnamese capital, the Korean battery maker announced on May 19.
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 recall, running from May 18, 2026 to May 18, 2029, covers certain Xpander and Xpander Cross vehicles due to a potential defect in the second-row seatback adjustment mechanism.
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.
The Ministry of Construction is seeking to develop a model to encourage the participation of the private sector participation in building a nationwide electric vehicle (EV) charging network, with a focus on mobilising private resources and expanding public-private partnerships.
Hybrid vehicle sales by Toyota Vietnam (TMV) jumped 78 per cent year-on-year in April, highlighting a growing shift among Vietnamese consumers toward fuel-efficient and environmentally friendly cars
Rapid growth in Việt Nam’s auto industry is exposing reliance on imports, underscoring the need for deeper localisation and a stronger industrial ecosystem.
VinFast on April 18 announced the signing of Memoranda of Understanding (MoUs) on strategic cooperation with 14 e-scooter distributors in the Philippines.
GSM Green and Smart Mobility JSC (GSM) on April 14 officially unveiled the rebranding of Xanh SM to Green SM, aligning its brand identity across international markets as it moves into a new phase of global expansion.
According to statistics of the Vietnam Association of Motorcycle Manufacturer (VAMM), sales by its members, including Honda Vietnam, Yamaha Motor Vietnam, Piaggio Vietnam, SYM Vietnam and Suzuki Vietnam rose by 8.3 per cent year-on-year to 729,121 units.
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.
According to the Hà Nội Department of Construction, the rollout follows Plan No. 149/KH-UBND issued on May 28, 2025, by the municipal People’s Committee to develop a public transport system using electric and other green-energy buses.
