Vietnam’s first domestic automaker, VinFast, announced on June 10 that it sold more than 2,160 vehicles during the month of May, with the hatchback Fadil its most popular model.
Hanoi (VNA) - Vietnam’s first domestic automaker, VinFast, announcedon June 10 that it sold more than 2,160 vehicles during the month of May, withthe hatchback Fadil its most popular model.
May represented not its best monthly sales to date but was also aparticularly encouraging result after a period of production suspension and stagnantbusiness due to COVID-19.
The outcome was attributed to a series of incentives and stimulus programmesintroduced by VinFast during the month.
VinFast boasts a network of service workshops expected to be present inall 63 cities and provinces nationwide by the end of this year.
The Ministry of Industry and Trade said in a recentreport that Vietnam’s auto industry has been one of the key sectors most affectedby the pandemic, with production in the first quarter falling 10.5 percentyear-on-year to 56,200 units while inventories tripled.
Sales totall♈ed 322,322 last year, up 11.7 percent against2018, according to the Vietnam AutomobileManufacturers Association./.
Vingroup announced on April 3 that it would produce ventilators and body thermometers to serve the domestic market amid the complicated developments of the COVID-19 pandemic.
The five members of the Vietnam Association of Motorcycle Manufacturers (VAMM) sold 731,077 vehicles in the first quarter of 2020, down 3.03 percent year on year.
Vingroup has announced it has completed the design and is preparing to introduce to the market two invasive ventilator models which adhere strictly to international standards while achieving a significantly high localisation rate in design and manufacture.
The Government’s decision to offer a zero-import tax rate on automobile components opens significant opportunities for the local industry to lower prices, enhance competitiveness and promote consumption.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Illustrative image (Source: VNA) 
