Topic: car

According to the latest draft strategy submitted by the Ministry of Industry and Trade, out of the 1 million cars to be sold in Vietnam in 2030, around 350,000 units will be electric, hybrid, and solar-powered vehicles.

Centers in Hanoi and HCMC meeting just 40-50% of demand.

Figures from the General Department of Vietnam Customs show that 18,303 completely-built-up (CBU) motor cars of all kinds were imported in September, with total turnover standing at $367.45 million, a 0.1 per cent increase in number but fall of 4.7 per cent in turnover compared to August. In the first nine months of the year, 114,496 CBU motor cars were imported, with turnover totaling more than $2.6 billion, up 0.2 per cent in number and 3 per cent in turnover year-on-year.

Three new car models were introduced by manufacturers in the space of just one week recently - the Kia Sportage, Mitsubishi Xpander 2022, and Honda HR-V 2022. New models are coming quickly, to compete with “heavyweights” already on the market.

Figures from the General Statistics Office show that more than 63,500 new motor cars were sold in May. Imported cars totaled 19,000 units, up 22.3 per cent in volume and 33.2 per cent in value over the same period last year. Domestically-produced and assembled cars were estimated at 44,500 units, up 13.2 per cent against April and 17.6 per cent year-on-year.