Toyota nears one-millionth vehicle sold in Vietnam
Toyota Motor Vietnam (TMV) reached a cumulative sales figure of 999,857 vehicles by the end of June. This milestone puts Toyota on track to surpass one million vehicles sold this July, coinciding with the brand’s 30th anniversary in the country.
A promotional programme for Toyota buyers in July 2025. (Photo: Toyota Motor Vietnam)
Hanoi (VNA) – Toyota Motor Vietnam (TMV) on July 2 announced that it had delivered over 29,000 vehicles to Vietnamese customers in the first half of 2025, a 31% increase compared to the same period last year.
Significantly, the company reached a cumulative sales figure of 999,857 vehicles by the end of June. This milestone puts Toyota on track to surpass one million vehicles sold this July, coinciding with the brand’s 30th anniversary in the country.
According to TMV, total sales in June reached 6,536 units, including both Toyota and Lexus vehicles. Of these, 6,213 were Toyota-branded units, comprising 2,163 locally assembled and 4,050 fully imported vehicles.
Among Toyota’s offerings in Vietnam, hybrid models continue to see impressive growth, with 771 units sold in June, nearly doubling that of last year. This underscores a clear shift in local consumer preferences towards eco-friendly, fuel-efficient vehicles that maintain strong performance.
In the luxury segment, Lexus further solidified its presence, with 323 vehicles sold in June, doubling May’s sales. Since its launch in Vietnam, Lexus haღs delivered a total of 14,616 units to customers./.
Toyota Motor Vietnam's factory in the northern province of Vinh Phuc was established in 1995 and officially began operations one year later. From an initial production rate of just two vehicles per day, the plant's capacity has now grown to over 108 vehicles per day, or approximately 27,000 per year.
Toyota Vietnam sold 3,902 passenger cars, including the luxury brand of Lexus, in May, topping the market segment, the joint venture reported on June 13.
Since its launch in 2019, the Tetra Pak plant in Ho Chi Minh City has employed more than 350 workers and is among the first factories in Vietnam to receive LEED Version 4 Gold Certification, a global benchmark for green building standards
The Osaka–Da Nang route will operate four times a week on Mondays, Thursdays, Fridays, and Sundays, adding to the existing daily Narita–Da Nang service, bringing the total number of weekly flights from Japan to Da Nang to 11.
Aquatic exports last month inched up just 4% from a year earlier to 876 million USD, a steep drop from May’s 20% surge, marking the weakest monthly gain in the first half.
Vietnam was among the earliest countries to engage in trade negotiations with the US, and the third large trading partner of the latter to reach a preliminary agreement on tariffs.
Major supermarket systems and retail chains such as Winmart, BRG, Central Retail, Aeon, Lotte, Co.opmart, MediaMart, and Pico will join the campaign, offering discounts of up to 50% on a wide range of products.
In recent months, the ministry has worked closely with relevant agencies to enhance both the legal framework and market infrastructure. As a result, the majority of key criteria for reclassification have now been met.
The trend of moving to HoSE is expected to help banks improve transparency, expand fundraising opportunities, and affirm their position in the capital market.
Director of the SBV’s Payment Department Pham Anh Tuan said the issuance of Decree 94 provides a legal basis for sandbox participants to trial new products, services, and business models in real-life conditions, ultimately benefiting customers.
According to the Ministry of Industry and Trade (MoIT), export turnover alone is projected to reach 215–217 billion USD, up approximately 13.8–14%. This results in an estimated trade surplus of 3.4–4 billion USD.
From July 1, several previously VAT-exempt brokerage services are subject to a 10% VAT rate, prompting firms to revise their service charges accordingly.
Prime Minister Pham Minh Chinh has recently approved the investment policy for two new urban areas in Van Phong Economic Zone in the central province of Khanh Hoa with a total capital of more than 65 trillion VND (2.5 billion USD).
The Ministry of Construction has also directed the Civil Aviation Authority of Vietnam to deploy solutions aimed at supplementing and balancing the capacity of Vietnamese airlines' domestic and international routes, helping airlines to improve their operating capacity in accordance with demand.
From major players in printing machinery like Fujifilm and Konica Minolta to packaging solutions by Anhui Innovo Bochen and Jeremiah, the event presents a full spectrum of smart, sustainable technologies.
At 10:25 a.m. on July 2 (local time), US President Donald Trump posted on the social media platform Truth Social that he had just reached a trade deal with Vietnam.
