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With credit tightening, the Vietnam automobile market slows down

Dec 16, 2022 – In November, domestic car consumption decreased markedly and was different from the same period in previous years. The main reason comes from the bank’s policy of tightening credit room.

China at risk of overproduction of EV batteries

Dec 06, 2022 – China’s electric vehicle battery manufacturing industry, after a period of overdevelopment, has encountered an alarming situation when the capacity exceeds three times the actual demand in 2025.

Vietnam is the 4th largest car producer in Southeast Asia

Dec 06, 2022 – The number of Vietnamese-made cars is about 362,500 units after 10 months of 2022, coming after Thailand, Indonesia, and Malaysia.

The Vietnamese car market grows fastest in Southeast Asia

Dec 04, 2022 – Vietnam’s sales of 322,963 vehicles after 10 months of 2022 are equivalent to an increase of 52.2%, the highest in the region, according to AAF.

The Vietnamese car market supplied with a record high number of cars

Dec 4, 2022 – Both domestically assembled and imported cars were at a record high in November. This is a signal that the peak season for the auto market has officially begun.

Vinfast enters strategic global partnership with inform to implement vehicle logistics software solution

Nov 28, 2022 – On 24 November, VinFast and INFORM – a leading provider of AI-based optimization software that facilitates enterprise solutions, announced a strategic global partnership on electric vehicle logistics management for VinFast.

Nearly 145,000 cars imported into Vietnam from the beginning of 2022

Nov 28, 2022 – According to the General Department of Customs, from the beginning of the year to November 15, the whole country imported 144,726 CBU cars of all kinds, with a total turnover of 3.24 billion USD, up by 5.9% in volume and 6.4% in turnover rate compared to the same period last year.

The first public university in Hanoi to install an electric car charging station

Nov 21, 2022 – University of Transport Technology has just become the first public higher education institution in the capital to install an electric car charging station to join the electrification trend in mobility.

VinES starts construction of LFP battery factory with 6,300+ billion VND investment

Nov 21, 2022 – On the morning of November 18, 2022, VinES Energy Solutions Joint Stock Company (a member of Vingroup) and Gotion Company, Inc. (member of Gotion High-Tech) just broke ground on the LFP rechargeable battery cell factory project in Vung Ang Economic Zone (Ha Tinh).

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