Experts have noted that automobile exports not only benefit businesses but also significantly contribute to the Vietnamese economy, while promoting the development of the supporting industry.
Hanoi (VNA) – Automobile manufacturing, assembly, and export companies in Vietnam are actively expanding their export markets.
According to a representative from Thaco Group, in early 2025, Thaco Auto successfully exported a range of products, including 120 Kia Frontier K2500 trucks to the Middle East – a market known for its strict quality standards.
In addition, 400 Kia New Carnival bodies have been shipped to India, while 45 Peugeot Django 150cc motorcycles were delivered to Cambodia. All these products were manufactured at the Thaco Auto complex in Chu Lai, the central province of Quang Nam.
Hyundai Thanh Cong (TC Motor) is also stepping up its export efforts. TC Motor Chairman Nguyen Anh Tuan shared that after successfully exporting hundreds of Hyundai Palisade vehicles to Thailand in 2024, the company plans to further boost exports of various vehicle models to international markets in 2025, reported by Tuoi Tre (Youth) newspaper.
The presence of made-in-Vietnam passenger cars in Thailand – a country recognised as a leading automobile production hub in Southeast Asia – marks a significant milestone and is seen as a remarkable reverse leap for Vietnam's automotive industry.
A charging station for electrical cars in Hanoi. (Photo: VNA)
ꦿMeanwhile, VinFast, the automobile brand of billionaire Pham Nhat Vuong, continues to expand its operations, with plans to launch the VF3 model with a right-hand drive in Indonesia and other markets.
꧅ Experts have noted that automobile exports not only benefit businesses but also significantly contribute to the economy, while promoting the development of the supporting industry. This helps improve the quality of domestic vehicles, optimize production costs, and offer consumers better-quality products at more competitive prices, they added./.
Hyundai Thanh Cong Vietnam, a joint venture between Vietnam’s TC Group and the Republic of Korea’s Hyundai Motor, on October 29 exported the fourth batch of Hyundai Palisade cars to Thailand, raising the total number shipped to the country to 110.
The Ministry of Industry and Trade has forecast that Vietnam's automobile market could grow by approximately 12% in 2025, with sales expected to reach 600,000 units.
The Ministry of Finance has proposed the tax incentives for the automobile part-supplying industry to be extended through December 31, 2027, instead of the end of this year to promote the development of the domestic automobile industry.
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.
