Thailand leads the region with nearly 1.6 million units made in the period, followed by Indonesia, 1.2 million, and Malaysia, 567,700, according to the ASEAN Automative Federation.

Kia cars are seen in a factory of Truong Hai Auto in Quang Nam Province.

Many auto factories have established factories in Vietnam in recent years, including Toyota, Honda, Ford, Kia and Hyundai. Vietnam company VinFast has also been expanding with focus on the global electric vehicle market.

Some brands such as Skoda (Czech) and Chery (China) are planning to assemble cars in Vietnam through domestic partners in the next 1-2 years.

Vietnam also imports cars from the regional leaders Thailand and Indonesia.

Vietnam also ranked first in year-on-year auto sales growth in the first 10 months at 52.2%, followed by Malaysia at 50.7%.

The country saw 322,963 units sold in the period, against the leader Indonesia’s 851,413.

Chinese automaker Chery plans to set up plant in Vietnam

China’s state-owned Chery Automobile has said it wants to sell its first made-in-Vietnam car by next year.

Auto sales rise 20% in July

Auto sales resumed in July with 30,254 units sold, up 20% from June, showing signs of recovery.

Automatic toll collection compulsory on all expressways from next month

All vehicles must use electronic toll collection (ETC) system when travelling on expressways from August 1, according to a notice of the Ministry of Transport (MoT) recently sent to cities and provinces nationwide.

Vietnam to stop automatic visa extension for stranded foreigners

The automatic extension of visas for foreign nationals stranded in Vietnam due to Covid-19 will end this Saturday, the Immigration Department has said.

November auto sales rise to year high as government halves registration fee

November saw the highest monthly auto sales this year of 38,656 units as a discount in registration fees sent buyers scrambling to dealers’.

Source: VnExpress